Russian billionaire Alisher Usmanov is reportedly looking to offload his 30% stake in Premier League side Arsenal. The Gunners are currently owned by the Abu Dhabi United Group, which has a minority share of Arsenal through its holding company USM Holdings, but it could be sold as part of an attempt to raise funds Arsenal finished sixth in the league last season, failing to qualify for the Champions League. Usmanov had previously made a $1.3 billion offer to buy out Kroenke, but Kroenke’s KSE (Kroenke Sports & Entertainment) The team also parted with manager Arsene Wenger after a 22-year stewardship.
Russian billionaire Alisher Usmanov is reportedly looking to offload his 30% stake in Premier League side Arsenal. The Gunners are currently owned by the Abu Dhabi United Group, which has a minority share of Arsenal through its holding company USM Holdings, but it could be sold as part of an attempt to raise funds Arsenal finished sixth in the league last season, failing to qualify for the Champions League. The team also parted with manager Arsene Wenger after a 22-year stewardship.