Uzbek-born Russian capitalist Alisher Usmanov has made a £1bn appeal to blackmail control of Arsenal from bulk shareholder Stan Kroenke. But with Kroenke showing no interest, the appeal has in effect been rejected, again Usmanov is yet to admit written approval of that. The Financial Times accessible Usmanov made the offer after month, and that Kroenke has yet to formally respond.
Metal aristocrat Usmanov owns 30% of Arsenal’s shares. He is, though, not part of the board or decision-making at the club. From the archive: Who is Alisher Usmanov? Usmanov said in April that Kroenke must “bear awesome responsibility” for the club’s failures on the pitch.
Arsenal needs other teams to administer up in Sunday’s final about of matches to avoid missing out on Champions League accommodation for the first time in 21 years. Arsene Wenger, who has been manager after 1996, has been the target of protests from some of the club’s fans. The Frenchman’s future at the club will be decided at a board meeting after Arsenal meet Chelsea on 27 May’s FA Cup final.