Previous
Toulouse
Lens
6:30 PM GMT
Game Details
Werder Bremen
FC Cologne
6:30 PM GMT
Game Details
Aberdeen
Motherwell
6:45 PM GMT
Game Details
Fulham
Charlton Athletic
6:45 PM GMT
Game Details
Celta Vigo
Levante
7:00 PM GMT
Game Details
Brisbane Roar
Sydney FC
0
2
FT
Game Details
Next

Who will win the Clasico?

#FCdebate about an hour ago
Read

50-50 Challenge: Real Madrid vs. Barcelona

El Clasico 18 hours ago
Read

Who will win the Clasico?

#FCdebate about an hour ago
Read

Cobos: Neymar stronger in 2014-15

Barcelona 21 hours ago
Read

Who will win El Clasico?

Poll less than a minute ago
Read

Lamela wonder-goal, Kane's keeper clanger

Blog - The Toe Poke 17 hours ago
Read

McGeady frustrates in Everton draw

Everton 11 hours ago
Read
Apr 13, 2011

Usmanov won't sell to Kroenke

Alisher Usmanov has confirmed that he will not sell his 27% stake in Arsenal to prospective new owner Stan Kroenke.

• Supporters' Trust won't sell shares

Usmanov, through investment vehicle Red & White, has said he will not accept Kroenke's mandatory cash offer for his stake after the American triggered a full takeover when taking a 62.89% controlling stake in the club on Monday.

The Arsenal board has recommended that shareholders accept Kroenke's offer of £11,750 per share, but Usmanov is keen to retain his stake in the North London club.

"I'm not going to sell my stake," Usmanov told Bloomberg. "I love Arsenal, that's why I'm a shareholder."

Usmanov's stance means Kroenke will not be able to achieve a 90% stake in the club which would result in compulsory purchase of the remaining shares.

The Arsenal Supporters' Trust has also said it will not sell its holding to Kroenke. It was happy with the news regarding Usmanov.

A statement read: "AST welcomes Red & White's commitment to Arsenal and calls on all shareholders to work together. Their priorities should firstly be making Arsenal a successful football team.

"Secondly placing no leveraged debt on the club and no dividends or management fees that take money out of club. And thirdly their priorities should be Arsenal Fanshare and supporters being directly involved in the club's ownership structure."

Comments

Use a Facebook account to add a comment, subject to Facebook's Terms of Service and Privacy Policy. Your Facebook name, photo & other personal information you make public on Facebook will appear with your comment, and may be used on ESPN's media platforms. Learn more.