The Arsenal Shareholders meet today to discuss all things Arsenal followed by a Gala Dinner.
There may well be two notable absentees in the form of Alisher Usmanov and Lady Nina
Bracewell-Smith. The question that should be on our lips is "Why do we need yet another rich tycoon
to save Arsenal Football Club?
The Arsenal Shareholders meet today to discuss all things Arsenal followed by a Gala Dinner.
There may well be two notable absentees in the form of Alisher Usmanov and Lady Nina
Bracewell-Smith. The question that should be on our lips is "Why do we need yet another rich tycoon
to save Arsenal Football Club?
Arsenal boss Arsene Wenger has hinted he wouldn't be happy if the club was to be taken over.
With major shareholders Stan Kroenke and Alisher Usmanov both spoiling for a potential takeover
bid, Wenger said: "Our way is the right way because it doesn't depend on any
individual.
"It acknowledges the club is basically the property of the supporters.
Arsenal chief executive Ivan Gazidis is expected to detail the club's transfer policy at today's
AGM.
The Times says Arsenal made a £28 million profit on transfers in the summer, the third time in the
past five years that manager Arsene Wenger has generated a surplus.
Gazidis, the chief executive, will be asked to explain the reasons for the low level of spending on
players, compared with other top clubs, and why the board rejected a proposal to raise fresh
transfer funding through a rights issue in July.
It has just been announced that Stan Kroenke has bought another 25 shares in Arsenal, taking him to
just 17 shares away from making a takeover bid. The financial website Bloomberg reported it in the
last hour. The article said: Dec. 21 (Bloomberg) U.S. investor Stan Kroenke bought 25 more shares
in Arsenal, bringing [.