giftedviz.com
giftedviz.com November 19, 2017


Usmanov bid to buy Arsenal rejected by Kroenke

19 May 2017, 11:56 | Pamela Mathis

Usmanov already owns a 30% stake in the club, but has written to majority shareholder Kroenke to express his interest in taking over.

The takeover bid adds to the sense of uncertainty surrounding the club, with Arsene Wenger's future beyond this season still up in the air.

Unlike rivals like Chelsea and Manchester City, Arsenal have insisted on running a self-sustaining financial model where they don't spend more money than the club makes.

Usmanov now owns a 30 per cent stake in the club and has a personal fortune of around £11.2bn.

Alexis Sanchez keeps Arsenal in Premier League top-four hunt
If we won, it would be the first time you make 75 points and you are not in the top four. "So I don't know why suddenly it could become such a big problem", he said.


Diego Costa, Pedro to lead Spain at Macedonia WCup qualifier
The 27-year-old was recently adjudged the MAnchester United player of the season following a series of good performances. The midfielder, who has scored 10 times in 84 appearances for Manchester United, played his last global game in March.


China's Xi says willing to help end rift with South Korea
Be proactive - Use the "Flag as Inappropriate" link at the upper right corner of each comment to let us know of abusive posts. Although he has sometimes criticized the THAAD deployment, Moon has not said he will remove it.


FILE - In this Thursday, Sept. 12, 2013 file photo, Uzbek-born Russian businessman Alisher Usmanov attends a meeting of Russian President Vladimir Putin and Crown Prince Sheik Mohammed bin Zayed Al Nahyan of the United Arab Emirates at the Novo-Ogaryovo state residence outside Moscow.

Usmanov's approach, which he made last month, valued the club at $2 bln, the FT said. The person spoke on condition of anonymity to discuss the club's financial matters. With one more round of matches to be played this weekend, Arsenal is poised to finish outside the top four sides for the first time in more than 20 years, denying them a place in Europe's elite Champions League next season.

Red and White Holdings, Usmanov's investment vehicle, declined to comment, while Arsenal FC was not immediately available to comment and Kroenke could not be reached. Kroenke, who - like Usmanov - first started amassing shares in Arsenal in 2007, succeeded in gaining full control in 2011.

However, media sources are reporting that the Kroenke family wants to maintain control of the club despite having several other franchises to their name, including the Los Angeles Rams (NFL), Denver Nuggets (NBA), Colorado Avalanche (NHL), Colorado Rapids of Major League Soccer, and the Colorado Mammoth of the National Lacrosse League. The last title came in 2004 and the only silverware since then has been FA Cup successes in 2014 and 2015.



Other News

Trending Now

Android developers can now block rooted devices, Netflix bites
The crowd of developers in the audience cheered: millions of new iPhone users to reach for innovative voice-based interactions. The announcement comes almost a year after GE Appliances unveiled a similar tie-up with Amazon's Alexa-powered speakers.

North Korea says United States has to roll back 'hostile policy' before talks
State Department, is noteworthy", Kim Yong-hyun, a North Korea studies professor at Dongguk University, told the JoongAng Ilbo. Any country that did not look at putting new sanctions on North Korea was, in effect, helping the isolated nation, she said.

European Union fines Facebook over misleading information
Commission spokesman Ricardo Cardoso said the fine was less than it could have been because Facebook cooperated. Facebook announced it would start to share WhatsApp data with the rest of the firm.

Trump administration writes Congress to officially trigger NAFTA renegotiation
Senator John Cornyn released this statement after the announcement of NAFTA negotiations. He opted for discussions with Canadian and Mexican officials to renegotiate the accord.

What is a special counsel and what powers will Mueller yield?
And House and Senate investigators had invited Comey back to Congress to explain what happened - although Utah Rep. That would make it harder to subpoena records of people who could be subjects of the investigation, he added .

Tom Hardy To Star In 'Venom' Movie Spin-Off
The studio is also developing a Silver Sable/Black Cat project within the Venom universe, along with other Spider-Man characters. This is obviously a major get for Sony, which views Venom as the kickoff to a major web of interconnected movies.

Paul Pierce says Celtics should trade No. 1 overall pick
A recent mock draft report at RotoWorld indicates that Duke's Jayson Tatum is the player that Philadelphia needs to draft. Ainge not only did what Auerbach taught him - going outside the box in rebuilding a victor - but he beat everybody else.

SANA: Syria, Iraq discuss direct cooperation against Islamic State
But Syria's opposition delegation to Geneva lauded the airstrike, saying it helps curb Iran's influence in his country. The area has been a source of tensions as both government forces and US -backed rebels advance there.

Japan Aso says gradually seeing the course of United States policies
It was a key prelude to a major G7 summit scheduled in the city of Taormina, Sicily, on May 26-27. Separately, the group, which includes the USA , also reiterated its commitment to global trade.

How Much Damages Made By Wannacry Ransomware Attack Made Throughout The World
That hole has been patched in newer versions of Windows, though not all companies and individuals have installed the patches. For larger businesses with hundreds or thousands of employees, applying security updates organizationwide can be hard .