ESPNsoccernet is reporting that Red and White Holdings Ltd. has increased it’s share of Arsenal F.C. to 24%, making the group the second largest shareholder behind Daniel Fiszman who has 24.11%. The lock-down agreement preventing a takeover bid expires in April.
Cue the Darth Vadar Theme (David Dein enters)
{ 4 comments… read them below or add one }
Like the title.
You’re right, I’d hate to see my club go by the way of Chelsea, and Usmanov only wants more money.
Fucking billionaires.
Darth Vader!?! More like the Sith Lord (Dark Emperor)…
Peter Hill-Wood, the Arsenal chairman, announced that club directors would only sell their stake to “permitted persons” before April 2009 and had to give fellow board members ‘first option’ until October 2012. However, there was a termination clause in the agreement in October 2010.
http://www.timesonline.co.uk/tol/sport/football/premier_league/arsenal/article2738921.ece