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Should Arsenal offer Usmanov a place on the board?
Yes - He is a major share holder 53%  53%  [ 19 ]
Yes - Providing his position ties in with the boards 11%  11%  [ 4 ]
No - Under no circumstances 36%  36%  [ 13 ]
Total votes : 36
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 Post subject: Re: Arsenal Takeover
PostPosted: Sun Feb 17, 2013 12:23 pm 
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LoneGunner wrote:
Quite apart from an affiliation with murky underdealings, I certainly do not want to see Arsenal become like Chelsea, buying expensive, quality players but ultimately, often unjustly replacing successive managers upon the whim of an autocrat. Chelsea have become a puppet club, Anzhi Makhachkala are similarly en route. Even a relatively stable club like Zenit is being undermined by money, this time from natural resource company Gazprom. I would rather we tried to compete on our own terms and failed than win fake trophies.


How do you know this would transpire IF Usmanov were to take control of Arsenal??? There has been nothing to suggest this in his rhetoric. And even in his business dealings, Usmanov leaves the running of the businesses that he is invested in to those who KNOW what they are doing and just provides cash or expertise, marketing, talent where and when needed. This is one very smart man, his Digital Sky company is probably the world leader in Social media he has stakes in Facebook, Twitter, Zynga and Groupon) and they are still being run by the people/teams that started them.

Nothing in this man's business history suggests that he will be akin to Abramovich in running a football club.
I would welcome a man like Usmanov onto the board, the wealth of contacts he would bring to Arsenal would be invaluable and surely it is much needed at this time, since the saviour that so many in here were crying out for is running the club as an 401K to pay off the loans he used to buy the shares he bought and hasn't done a SINGLE thing to invest in this club.

This is just my opinion and not an attack at you LG, as I really enjoy your posts and always look forward to reading your content when you do write on here, however I think people are to quick to judge/write off Usmanov because of his past (which no one is even sure about) and I also believe because of his physical appearance, and country of birth people view him as some type of James Bond baddie, would people be doing that if he were say an Englishman or American? He deserves a chance just as Kroenke got a chance, things can't be any worse than they currently are.


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 Post subject: Re: Arsenal Takeover
PostPosted: Sun Feb 17, 2013 3:31 pm 
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The distrust for Usmanov might start from a bit of wariness about him being Russian, and him being tarred by the brush that has tarred others, but I think the PR games he's been playing to force the hand off the current shareholders is extremely unsavoury. How do you think someone would view you if you saw their car and all you did was walk around telling people what a shit driver they have been and how they don't wash and vac their car every weekend?

That's essentially what he's been doing. Then he's forced himself to within a whisker of being able to have to put in a compulsory bid (as per the PL rules) and has continued to spout off about this or that. He simply seems very freaking opportunistic. He may be a great businessman, but certainly that won't win him any fans. I don't particular like the current move to billionaire owners of football teams, but that's the way of the world.

I just can't stand all the under-hand effing moves he's been making. That alone is cause for red flags, in my book.


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 Post subject: Re: Arsenal Takeover
PostPosted: Sun Feb 17, 2013 4:39 pm 
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Kroenke is the 'buffer' between this 'Board' and Usmanov / Dein. He was allowed to come in, buy 'control', watch his shares rise and at the same time. allow the current Board to maintain the status quo ie not let Usmanov and Dein (in any capacity) have any influence. He does not have any connection with the Club. Shares will rise, he will make a profit but he could care less about the footballing side. He leaves all of that to the current Board. He just has no interest in improving Arsenal, as a footballing club. It's a safe bet for him and the 'Board' get to keep Usmanov at arms length.

What if, one day Usmanov, as owner, decided to up and leave? We sell our assets, the team becomes weaker, ambitions drop etc? Well, not really any different to now, is it. Ticket prices would be cheaper, I would imagine. We can debate the nuances but this is gist of it, for me.


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 Post subject: Re: Arsenal Takeover
PostPosted: Wed Jun 17, 2015 2:02 pm 
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Nigerian billionaire Aliko Dangote wants to buy Arsenal
17 June 2015 Last updated at 12:54
http://www.bbc.co.uk/sport/0/football/33163281

Africa's richest businessman says he is planning a bid to buy Arsenal. Nigerian billionaire Aliko Dangote believes the building of an oil refinery in his homeland will give him the finance to secure a takeover. The 58-year-old, who has an estimated wealth of £11.5bn, says he has supported the Gunners since the 1980s. "When we get this refinery on track, I will have enough time and enough resources to pay what they are asking for," he told BBC Hausa. American Stan Kroenke is Arsenal's majority shareholder, owning 66.64% of the club's parent company Arsenal Holdings plc. Russian-Uzbek Alisher Usmanov owns 29.11% with the remainder of the 62,217 shares held by minority shareholders including former players and the Arsenal Supporters' Trust, who own three. Dangote is ranked 67th on the Forbes rich list. He had previously been interested in purchasing the 15.9% stake sold to Kroenke for £123m by Lady Nina Bracewell-Smith in April 2011 only to pull out. "There were a couple of us who were rushing to buy, and we thought with the prices then, the people who were interested in selling were trying to go for a kill," Dangote added. "We backtracked, because we were very busy doing other things, especially our industrialisation." Dangote believes Arsenal require a different ownership in order to be more successful on the pitch. He added: "They are doing well, but they need another strategic direction. They need more direction than the current situation, where they just develop players and sell them."


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 Post subject: Re: Arsenal Takeover
PostPosted: Tue Aug 07, 2018 11:08 am 
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Arsenal's Stan Kroenke makes offer to buy whole of London club
https://www.bbc.co.uk/sport/football/45094538
Arsenal's majority shareholder Stan Kroenke has made a £600m offer to buy the whole of the club in a deal that would value the Gunners at £1.8bn.

The American billionaire owns 67% of Arsenal through his company KSE, which says Alisher Usmanov has agreed to sell his 30% stake in the club.

A KSE statement to says taking the club private will help to further Arsenal's "strategy and ambitions".

The buy-out announcement was made to the London Stock exchange on Tuesday.

Despite his shareholding, Usmanov is not part of the board or the decision-making at Arsenal.

The metal magnate made a £1bn bid to buy the Emirates outfit in May 2017 but this was rejected by Kroenke.

The statement to the stock exchange added: "KSE's ambitions for the club are to see it competing consistently to win the Premier League and the Champions League, as well as the major trophies in the women's senior game and at youth level."

KSE said that under "its stewardship since 2011 the club has invested in major transfers, player contracts, analytics, senior non-playing football management employees" and it "expects the club to build on those investments".

Arsenal have a new manager in charge this season after Unai Emery took over from Arsene Wenger, who had been Gunners boss for 22 years.

In Wenger's final season, Arsenal finished sixth in the Premier League as they missed out on the Champions League but qualified for the group stages of the Europa League.

The Gunners start their Premier League campaign against champions Manchester City on Sunday.
'A dreadful day for Arsenal' - fans' reaction

While Kroenke says taking sole ownership will benefit the club, the Arsenal Supporters' Trust (AST) called the news "a dreadful day" for the Gunners.

"Stan Kroenke taking the club private will see the end of supporters owning shares in Arsenal and their role upholding custodianship values," said an AST statement.

AST added that by becoming the 100% owner, Kroenke would be able to take "detrimental actions" such as paying "management fees and dividends without any check or balance".

It added: "The AST is also extremely concerned to note that this purchase is being funded by a loan.

"The AST is wholly against this takeover which marks a very sad day for Arsenal football club."
Analysis - what does single ownership mean?

Rob Wilson, football finance expert at Sheffield Hallam University

There are two sides to this and from a fans' point of view you like to have a bit more transparency - when there is more than one person involved you get a broader discussion about what you should do, who you should buy and how much to spend on particular people.

When you have this single ownership, particularly when it will be set up in the United States, it lacks a bit of transparency.

There will be big dividends getting paid out from the football club as a profit maximising entity, but for Arsenal that's not really any different to what they have had for the past 10 or 15 years with Usmanov and back when Farhad Moshiri (former shareholder and Everton co-owner) was involved.

The only thing that concerns me is it's going to be a leverage buy-out, so he's going to have to borrow to be able to do it. Depending on which side of the fence you're on will determine whether you see that as a positive or a negative thing.

From a purely business point of view, it's not a bad model. It's like you or I buying a house, taking out a mortgage, if you maintain those payments against those loans or however you borrowed then it is not a problem.

While the leverage is there that would have to be paid back, I don't think it will limit the activity Arsenal will be able to undertake in the transfer market as the reality is in order to make that business profitable, you have to be finishing in the top four and going into European competition.
What are the details of the offer?

Kroenke will be raising the capital to take control of the club with £45m of his own money and borrowing £557m, which he says will not be against the club.

"The offer is not being funded by way of any debt finance (bank loans, payment in kind loans or other debt or quasi debt interest bearing obligations) for which the payment of interest on, repayment of, or security for any liability (contingent or otherwise) will depend on the business of Arsenal," said the statement.

In the offer document, each of Arsenal's 62,217 shares are valued at at £29,419.64.

KSE currently has 41,743 of those, with Usmanov holding a stake of 18,695, which would be worth £550m under the offer.

Aquiring Usmanov's shares would move KSE past the 90% threshold whereby they could compulsorily be able to purchase the remaining 1,779 shares, which are valued at £52.3m.

Apart from Arsenal, Kroenke's "family portfolio" of assets also include NFL side Los Angeles Rams, the NBA's Denver Nuggets, the NHL outfit Colorado Avalanche, MLS side Colorado Rapids and Colorado Mammoth of the National Lacrosse League.

I reckon he'll eventually give the club to his son Josh or, Josh will become the new CEO if rumours about Gazidis going to Milan ar true.


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 Post subject: Re: Arsenal Takeover
PostPosted: Tue Aug 07, 2018 5:13 pm 
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Trying not to joke, but wondering how long before we start hearing tabloid rumours of him wanting us to relocate to the US and join the MLS.

Part of me fears the deathknell of this club, if we don't win and we are kept outside the top four, how long before he gets bored??


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 Post subject: Re: Arsenal Takeover
PostPosted: Wed Aug 08, 2018 7:04 pm 
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The AST is right, this is dreadful news. Whilst we are not in the hands of a complete tyrant like some clubs are, 100% ownership like this is not a healthy situation and particularly in the hands of someone who sees the club as an investment not a football club. It's sad news as it hits the nail well on the head in regards to the corporate world that football is and has become.

I have a feeling as well that Gazidis will be replaced by Josh Kroenke in some chairman / CEO position. Not that I care for Ivan Gazidis leaving, I'm sure Kroenke can't be much worse than him.


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 Post subject: Re: Arsenal Takeover
PostPosted: Mon Aug 13, 2018 1:53 am 
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Just another part of a rich man's portfolio he can brag about in a pissing contest down the golf club. Really sad.


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