Usmanov Increases Arsenal Stakeholding

Red and White Holdings, the company owned by Russian billionaire Alisher Usmanov
and run by former Arsenal vice chairman David Dein, has increased its stake in
the Premiership club becoming the second largest shareholder.

Red and White Holdings Ltd, which is co-owned by Usmanov and business partner
Farhad Moshiri, now have 21%, with fellow director Danny Fizman possessing 24%.

Usmanov first bought into Arsenal in August when he paid Dein around £75m for
his 14.65% holding before then appointing the latter as chairman of Red and
White Holdings.

The move further increases speculation that Usmanov and Dein will mount a
takeover bid for the club.

However, Arsenal chairman Peter Hill-Wood has said the club’s major
shareholders have no intention of selling their stakes.

The club release their financial results next Monday, with the move to the
Emirates Stadium expected to have helped them cut the gap between themselves and
the likes of Premier League rivals Manchester United and Chelsea.