DAVID DEIN SOLD HIS SHARES

[WengerKnows]

Roman is worth approximately 21 billion dollars , our guys is worth only 7 billion dollars , skint bastard

[REB]

Will someone answer Gus Is there cheap Vodka

they made me an offer and my offie will supply the cheap vodka for gus

[U.F.G Anfield '89]

sainsburys basics not cheap enough gus?

[Eboue Can't Defend]

Roman is worth approximately 21 billion dollars , our guys is worth only 7 billion dollars , skint bastard

Or only $2 billion if you read other sources on Wikipedia.

[gunners-need-steel]

Just found this link from the Guardian that says he still wants to be involved with the club.

http://football.guardian.co.uk/News_Sto ... 03,00.html

Interesting reading!

Northbank-of-brussels, thats a good link ... and reading the article makes me fill good about Dein and this new red-and-white involvement .. one of the two partners is a gooner (has a box in emirates) .. dein pledges to remain involved ...

[Magic Hat]

Only for the board and for guests!

I wonder if Dein was frustrated with his old friend and now hopes this new one will get him a seat on the board which will lead to a lot of conflict. Dein did a lot for the club and I thank him but I fear he is leading us down a bad path that will see conflict in the board that will affect players, a takeover and a club that has to get rid of the new debt and will be another investment tool for someone trying to get rich off the game.

[Ben-gooner14]

David Dein apparently is the chairman of a company called red and white who this russian bloke has a part in and who dein has sold the shares to, so Dein still has an active roll at the club. According to ssn.

[Magic Hat]

RNS Number:0346D
Red and White Holdings Limited
30 August 2007

30 August 2007


INVESTMENT IN ARSENAL HOLDINGS PLC

Red and White Holdings Limited ('Red & White') today announces that it has
purchased a 14.58% stake in Arsenal Holdings plc ('Arsenal') from David Dein for
£75m, and that it has appointed David Dein as its Chairman. Red & White also
announces that it has committed funds to enable it to increase its stake in
Arsenal. However, Red & White confirms that it has no current intention to make
a takeover offer for Arsenal or to acquire a shareholding in Arsenal which would
trigger an obligation to make a takeover offer for Arsenal save as set out in
note 1 below.

Red & White is an investment company established specifically to hold equity
interests in Arsenal. Red & White is jointly owned by Mr Alisher Usmanov, a
leading Russian businessman, and Mr Farhad Moshiri, a London-based investor and
long time business associate of Mr Usmanov.

In his role as Chairman David Dein will develop proposals to support the future
success of Arsenal and will focus on increasing Red & White's stake in Arsenal
as outlined above. Red & White believes that in light of the fast-changing
landscape for football, both in the UK and globally, it will be able to assist
Arsenal and ensure that it will be able to thrive in the future and become the
leading football club in the world. Specifically, Red & White believes that in
order to remain competitive at the top level of the game, Arsenal will require
access to significant funding.

Additionally, Red & White believes that the continued involvement of Arsene
Wenger, over and above any renewed contract, is vital to the future success of
the club.

Red & White intends to approach the Board of Arsenal in the near future to
discuss its ideas, to understand the future direction of Arsenal and to explore
areas of potential cooperation.

Commenting on the announcement, Farhad Moshiri said:

'We are very excited not only to secure a significant stake in one of the
world's most famous football clubs but also to have secured the involvement of
David Dein for the future. Arsenal is a great club with huge potential and we
look forward to increasing our stake and exploring ways to help support the
future development of the club for the benefit of all fans and shareholders.'

David Dein, Chairman of Red & White, added:

'I have always had the best interests of Arsenal at heart - I've had a love
affair with the club since I was six. I firmly believe that the involvement of
Red & White with a significant stake and the long-term commitment of Arsene
Wenger are absolutely the best outcome for the club, fans and shareholders
alike. I am delighted to have found, in Farhad Moshiri and Alisher Usmanov,
individuals who share my vision for Arsenal and of where it needs to go to be
the world's leading football club.'

- ends -

For further information, please contact:

Rollo Head Finsbury Group +44 (0)207 251 3801
Simon Moyse


Notes to editors:

Note 1

For the purposes Rule 2.8 of the Takeover Code (the 'Code'), Red & White
reserves the right to announce an offer or a possible offer or to make or
participate in an offer or possible offer for Arsenal and/or take any other
action which would otherwise be restricted under Rule 2.8 of the Code within six
months from the date of this announcement if there is a material change in
circumstances or in the event that:

- an agreement or recommendation from the board of Arsenal is
forthcoming; or

- there is an announcement of an offer or potential offer for Arsenal
by a third party; or

- Arsenal announces a ' whitewash proposal' (as described in Note 1 of
the Notes on Dispensations from Rule 9 of the Code) or a reverse takeover (as
described in Note 2 to Rule 3.2 of the Code); or

- there is an early termination of the Arsenal Board's publicly
announced agreement not to dispose of their interests in Arsenal for one year
from 18 April 2007.

Note 2 - Biographical Information

Farhad Moshiri is London-based a fund manager and long term business associate
of Mr Usmanov. In addition to various roles that Mr Moshiri holds with investor
companies, Mr Moshiri recently purchased a 9.9% stake in Panmure Gordon & Co.
plc through his investment company Northcote. He is Chairman of Metalloinvest,
the leading Russian mining and metallurgy company.

Alisher Usmanov is one of Russia's leading businessmen and a prominent investor
both in Russia and internationally. He is the majority shareholder in
Metalloinvest, the leading Russian mining and metallurgy company, and his media
and telecoms holdings include Russia's biggest business newspaper, Kommersant an
investment in Megafon (Russia's third largest mobile phone company) and the
music channel Muz TV. He is General Director of Gazprominvestholding, the
investment arm of the world's largest natural gas company. He is a member of the
sponsor committee of the Bolshoi theatre and heads the Russian and European
Fencing Federations. He was awarded the Presidential Medal of Honour for
services to business and charity in 2004.

http://www.hemscott.com/news/rna/item.d ... 0918978949

[gunners-need-steel]

Only for the board and for guests!

I wonder if Dein was frustrated with his old friend and now hopes this new one will get him a seat on the board which will lead to a lot of conflict. Dein did a lot for the club and I thank him but I fear he is leading us down a bad path that will see conflict in the board that will affect players, a takeover and a club that has to get rid of the new debt and will be another investment tool for someone trying to get rich off the game.

Magic, from Dein's comments in that article, I get the impression that he is not going to be creating any conflicts ... I also suspect that he has insider info that some of the current major share holders would want to seel soon, and he is positioning himself to be able to buy up plenty when that happens ...

No matter what others may say, I think Dein is a genuinely passionate fan of the club .. with his heart in the right place ...

[Magic Hat]

Sadly, I don't deny his heart is in the right place but can you honestly see the board and Dein getting along? I'm sure they will try but it will be an uneasy relationship at best

[augie]

Magic, I know it was put to you lately about being phw in disguise cos over your blinded optimism in the club/team but really now i think you are taking the piss. How many times has this board to kick the fans in the nuts before you waken up ? Have you not read the story today about them trying to copyright the word "Gooner" ? I suppose you would view this as a wise move by a board that are trying to protect and maximise arsenal's image ? These dickheads are self-serving and I for 1 will do a jig of joy when they are replaced especially if it is DD that sends them on their way. Its funny though that some didnt want no yank running their club and are now faced with a very real possibility of being owned by a russian - they must be shitting themselves right now.

[Magic Hat]

I don't want anyone owning the club outright. Are the board perfect? No and they have done a lot wrong but they also have done us a lot right, will still be fine when the epl bubble bursts without leaving us struggling in debt for the privilege of becoming someone's toy.

[Basil is a Gooner]

And unsurprisingly nothing on Arsenal.com about it!

[REB]

im wit augie on this one,, dein is a smart bloke and knows exacly wat hes doing,, while i admire the currant board for the great stadium they hav given us i also feel they hav swayed away from the fans and now we are just consumers and custermers for a brand,, we as a club are movin with the times but to slow and we will be left behind,,, ye just wait and see but this club OUR CLUB will be sold next summer when the currant board gets the maximum price for there shares...

[corkbarry]

Specifically, Red & White believes that in
order to remain competitive at the top level of the game, Arsenal will require
access to significant funding.

Surely this is what we all want,if they deliver.