usmanov

 

Russian billionaire Alisher Usmanov on Friday made a $1.3 billion bid to buy Arsenal from American Stan Kroenke, Financial Times has reported.

The Russian oligarch, who owns a 30 per cent stake in the club, is reportedly worth £11.2bn.

Usmanov according to the Financial Times wrote to majority shareholder Kroenke to express his interest in taking over.

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Kroenke is yet to respond to the letter, which was sent last month, but is thought to be unwilling to sell.

The Financial Times quotes a source as saying: “Two weeks ago, I thought something could realistically happen. Now I am not so sure.”

Usmanov, 63, is a strong supporter of under-fire Arsenal boss Arsene Wenger.

Last month he said: “I do not think that the coach alone is to be blamed for what is happening.

“Some continuity is needed. This includes the need to prepare a successor for Wenger, but in a very respectful way. I can suggest that Wenger himself can prepare a successor.”

Usmanov acquired his fortune in the metal industry, and is believed to be concerned by a lack of investment in Arsenal.

The fifth-placed Gunners face missing out on Champions League football next term.

The post Usmanov Makes $1.3 Billion Bid To Buy Arsenal appeared first on Complete Sports Nigeria.

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