USMANOV

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Babatunde
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USMANOV

Post by Babatunde »

Alisher Usmanov is attempting to turn the heat up on Stanley Kroenke even further by making a new bid to up his stake in Arsenal and get his hands on the club's books.

Usmanov owns 29.35 per cent of the club but has sent a letter to all small shareholders offering to buy theirs at £14,000 each - significantly more than Kroenke is offering.

If Usmanov increases his stake to more than 30 per cent by buying another 405 shares he would be subject to the Premier League's Owners and Directors Test, their updated Fit and Proper Persons Test.

Assuming he passes, then Usmanov will increase his demands to have a seat on the board - something that Kroenke, who owns 66.7 per cent of the club, has always refused.

But crucially, the American would not be able to prevent Usmanov from inspecting the club's accounts, which he could then use to increase pressure on the board.

And the situation is set to come to a head around the club's AGM on October 27, when Kroenke is likely to be in London and talk to supporters and shareholders.

Usmanov - rated as the 35th richest person in the world with £12.4billion - has consistently said he would provide more money for under-fire manager Arsene Wenger, whereas Kroenke has supported the club's self-sustainable model.

Yet it is far from clear where Usmanov - who made a counter-offer when Kroenke completed his takeover of the club in May - will be able to purchase his shares.

One intriguing avenue is that around 200 shareholders are thought to be deceased and the future of their investment remains uncertain. Another, is to buy shares from the Arsenal Supporters Trust's celebrated Fanshare scheme, yet they are seeking to increase their stake rather than sell.

Fanshare's 1900 members own approximately 70 shares, worth around £800,000 but have been told neither Usmanov nor Kroenke are willing to sell to them unless the other major shareholder does.

But the two competing side's valuation of Arsenal differs, with 64-year-old Kroenke, who last month gave Wenger his full support, buying his shares at £11,750 each. That values the club at around £731m, whereas Usmanov's value increases that to £871m.

Therefore, Kroenke would stand to make a significant profit if he decided to sell all of his stake to Usmanov, although the chances of that happening are slim.

And rather, Usmanov's latest move in the game of chess surrounding events at the Emirates Stadium is likely to have been done with an eye on viewing the books at Arsenal.

Under Premier League rules the club's accounts have to be signed off by all directors - and it is thought that Usmanov has spotted a loophole as he would therefore be able to demand to see that financial information if he owns more than 30 per cent. The club last month announced football turnover of £225.4m for the year up to 31 May 2011 _a rise of just one per cent on the previous season - while the wage bill increased to £124.4m, which was up 12.4 per cent.


And they face the prospect of failing to qualify for the Champions League after their horrific start to the season, which has seen the club take just seven points from seven games, including an 8-2 defeat at Manchester United.

Chief executive Ivan Gazidis said last week the club's business plan was not based on securing Champions League football and that Arsenal would 'remain competitive' if they did not make the top four.

Yet that does not address the fact that Robin van Persie, Theo Walcott and Thomas Vermaelen are all out of contract in the summer of 2013 and could be sold at the end of this season if they do not agree new deals.

That would be a huge blow to the club, especially as Cesc Fabregas and Samir Nasri departed in the summer just gone, for Barcelona and Manchester City respectively :shock:

From Evening Standard.

Wow. The wage bill is higher than I thought! Unbelievable. It's GONE UP to over £120 mil!!! I know we got rid of a few people but we've brought in a few too. That is truly unbelievable stuff I have just read, and makes a mockery of 'self sustainability'!!!!

Fucking farcical. Read those figures again. Then ask yourself how a club that manages to concede 4 and lose to Steve Kean managed Blackburn and ship EIGHT at OT, can possibly justify that wage bill, or a 6.5% increase.

When Gazidis/Kroenke next insult you lot at an AGM, don't let them get away with it. Don't let 'self-sustainability' and 'cannot compete with Citeh' be used legitimately because Arsenal's wage bill is only lower than Man United's by just over £15 mil!!!!!
:cry:

What Gazidis, Wenger and Kroenke donot understand, is that this Holy Trinity of C**s, through their sheer arrogant incompetence have actually helped Usmanov to become more popular than he ever could have dreamed of!!!!

A combination of Wenger's rank management, with the lack of pressure at board level, and Gazidis's complete cluelessness about European football have increased Usmanov's legend.

If you think a man as rich as Usmanov would tolerate the shite we are seeing now, thin again. Remember, Kroenke has borrowed plenty and the money where he's from comes from his wife mainly.

Usmanov has more cash than Abramovich.

Two billionaires on the board but Arsenal 'cannot compete with ManYoo (the Glazers up to their arses in debt) and Chelsea'.

Comical.

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goonersid
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Post by goonersid »

Usmanov's long term plan must be to takeover the club, otherwise why would he hang around in his current state of limbo.
Maybe he will surprise us all in the near future and make Kroenke an offer he can't refuse.
Kroenke must be feeling the recession that has hit the yanks and maybe he would jump at a way out. Whilst Usmanov's wealth has increased by almost 25% over the last 12 months.
Here's hoping.

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REB
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Post by REB »

goonersid wrote:Usmanov's long term plan must be to takeover the club, otherwise why would he hang around in his current state of limbo.
Maybe he will surprise us all in the near future and make Kroenke an offer he can't refuse.
Kroenke must be feeling the recession that has hit the yanks and maybe he would jump at a way out. Whilst Usmanov's wealth has increased by almost 25% over the last 12 months.
Here's hoping.
i can see that happening with the yank walking away with a nice profit.

worthing_gooner
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Post by worthing_gooner »

goonersid wrote:Usmanov's long term plan must be to takeover the club, otherwise why would he hang around in his current state of limbo.
Maybe he will surprise us all in the near future and make Kroenke an offer he can't refuse.
Kroenke must be feeling the recession that has hit the yanks and maybe he would jump at a way out. Whilst Usmanov's wealth has increased by almost 25% over the last 12 months.
Here's hoping.
Usmanov is probably waiting for the inevitable AFC self-destruction.

We're seeing it this season - we could realistically end up finishing mid-table in front of a half empty stadium, lose our remaining decent players - all of a sudden we're not looking like such a good investment after all and hopefully fan pressure will drive Gazidis/Wenger/Kroenke out of the club.

Usmanov's work will be done for him - he just has to stump up the cash and turn the screw in the media at the right moment.

He's a smart and ruthless businessman - he'll wait for the right moment to strike I'm sure.

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augie
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Post by augie »

worthing_gooner wrote:
goonersid wrote:Usmanov's long term plan must be to takeover the club, otherwise why would he hang around in his current state of limbo.
Maybe he will surprise us all in the near future and make Kroenke an offer he can't refuse.
Kroenke must be feeling the recession that has hit the yanks and maybe he would jump at a way out. Whilst Usmanov's wealth has increased by almost 25% over the last 12 months.
Here's hoping.
Usmanov is probably waiting for the inevitable AFC self-destruction.

We're seeing it this season - we could realistically end up finishing mid-table in front of a half empty stadium, lose our remaining decent players - all of a sudden we're not looking like such a good investment after all and hopefully fan pressure will drive Gazidis/Wenger/Kroenke out of the club.

Usmanov's work will be done for him - he just has to stump up the cash and turn the screw in the media at the right moment.

He's a smart and ruthless businessman - he'll wait for the right moment to strike I'm sure.

You see that is exactly what we need right now.......a wealthy ruthless businessman who is willing to do what is fcuking needed. These *word censored* on the board are either happy now at the thoughts of making profits (kroenke) or are already jubilant at the massive profit they have already made under this system when they sold out to the yank :evil: What is there to drive ambition in them to win trophies ? Kroenke has his fingers in several pies in the states so focus would mainly be there and he is aware that minimum investment in players increases the possibility of big profits whilst the other *word censored* gain nothing but on pitch success as moneywise it will mean nothing and as peripheral figures in the background they will not receive any acclaim either

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biglunn
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Post by biglunn »

^^ 100% agree!

It's all panning out nicely for Usmanov with the clusterfucks in charge destroying Arsenal. Would be interesting to see what happens when Usmanov does once he gets to see the books - what are the crooks-in-charge scared of?

One other thing- when we settle into midtable mediocrity, the stadium being half empty, we have nobody worth selling for a profit, revenue so far down that the crooks-in-charge are making a loss, Usmanov would not even have to pay full price! Clever bastard

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cusamano
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Re: USMANOV

Post by cusamano »

Babatunde wrote:Usmanov - rated as the 35th richest person in the world with £12.4billion - has consistently said he would provide more money for under-fire manager Arsene Wenger, whereas Kroenke has supported the club's self-sustainable model.
That´s pointless.
AW will never spend big :banghead: :banghead: :banghead:

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Post by Red Member »

good stuff.

get the russian in and show Chelsea who is the richest club in London :D

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goonersid
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Re: USMANOV

Post by goonersid »

cusamano wrote:
Babatunde wrote:Usmanov - rated as the 35th richest person in the world with £12.4billion - has consistently said he would provide more money for under-fire manager Arsene Wenger, whereas Kroenke has supported the club's self-sustainable model.
That´s pointless.
AW will never spend big :banghead: :banghead: :banghead:
Then the russian would tell him to sling his fucking hook.

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REB
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Re: USMANOV

Post by REB »

cusamano wrote:
Babatunde wrote:Usmanov - rated as the 35th richest person in the world with £12.4billion - has consistently said he would provide more money for under-fire manager Arsene Wenger, whereas Kroenke has supported the club's self-sustainable model.
That´s pointless.
AW will never spend big :banghead: :banghead: :banghead:
then bye bye arsene .

Red Member
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Re: USMANOV

Post by Red Member »

Babatunde wrote:Usmanov - rated as the 35th richest person in the world with £12.4billion - has consistently said he would provide more money for under-fire manager Arsene Wenger, whereas Kroenke has supported the club's self-sustainable model.
historic - I agree with Babatunde :D

rigsby
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Post by rigsby »

Get him in. People going on about 'dodgy money' Fucking hell what rich businessman isn't a *word censored*?

Babatunde
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Post by Babatunde »

It's academic whether AW would spend it or not. As mentioned, Usmanov is ruthless. If you think Abramovich has been ruthless with the axe at Chelski well you ain't seen nothing yet. And that is exactly what this club needs.
I'm not suggesting a 'sack every manager after a year' approach....

What I do mean though, is that if Wenger ever thought of pulling off half the shit he does now, he'd have P45 in hand pretty sharpish! Do you see someone as proud and vain as Usmanov having his rep tarnished by some c*** claiming IN PUBLIC:

'I would take second place for the next twenty years'??!

Do you think, being richer than Abramovich, that Usmanov would stand by and watch Chelsea surge ahead of him like they are and snap Mata up like that! You're mad if you think so. Ignore whatever Usmanov says about keeping faith in Wenger if he takes over. There's a reason Wenger wanted Kroenke and Gazidis in before Usmanov. And don't for a second think Usmanov would have forgotten about Wenger backing Kroenke so openly.

The most worrying thing for the current regime is that Wenger cannot even claim to be financially prudent anymore. How the fuck has our wage bill got to £124.4 mil? Just to be clear, this is higher than Inter, higher than Bayern Munich, higher than AC Milan, and much higher than Blackburn. All teams that could (and have) easily batter Arsenal in a football match. FFS Arsenal's wage bill is almost on par with BARCELONA!

And because Fabregas and Nasri were the last remnant of our precious china, only RVP and Wilshere are left as a realistic profit-making asset. Every other piece of crap left in that squad couldn't be given away.

Sagna is quality but he'll never go for big money. Chesney isn't proven enough to command a big fee.

Meaning you're left with a ridiculous wage bill and no assets to make you more solvent.

Usmanov is a smart man as Worthing said. All he needs to do is continue to watch the current circus implode massively, and then finally make his offer after next season's renewals are dead in the water. He can get himself a fine bargain there! Kroenke's vision is so flawed and short-termist it's untrue. Even FSG at Liverpool understood the need to invest.

Wenger/Kroenke/Gazidis are the best possible PR Usmanov could ever hope for.

:banghead:

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piresistible
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Re: USMANOV

Post by piresistible »

Babatunde wrote:Alisher Usmanov is attempting to turn the heat up on Stanley Kroenke even further by making a new bid to up his stake in Arsenal and get his hands on the club's books.

Usmanov owns 29.35 per cent of the club but has sent a letter to all small shareholders offering to buy theirs at £14,000 each - significantly more than Kroenke is offering.

If Usmanov increases his stake to more than 30 per cent by buying another 405 shares he would be subject to the Premier League's Owners and Directors Test, their updated Fit and Proper Persons Test.

Assuming he passes, then Usmanov will increase his demands to have a seat on the board - something that Kroenke, who owns 66.7 per cent of the club, has always refused.

But crucially, the American would not be able to prevent Usmanov from inspecting the club's accounts, which he could then use to increase pressure on the board.

And the situation is set to come to a head around the club's AGM on October 27, when Kroenke is likely to be in London and talk to supporters and shareholders.

Usmanov - rated as the 35th richest person in the world with £12.4billion - has consistently said he would provide more money for under-fire manager Arsene Wenger, whereas Kroenke has supported the club's self-sustainable model.

Yet it is far from clear where Usmanov - who made a counter-offer when Kroenke completed his takeover of the club in May - will be able to purchase his shares.

One intriguing avenue is that around 200 shareholders are thought to be deceased and the future of their investment remains uncertain. Another, is to buy shares from the Arsenal Supporters Trust's celebrated Fanshare scheme, yet they are seeking to increase their stake rather than sell.

Fanshare's 1900 members own approximately 70 shares, worth around £800,000 but have been told neither Usmanov nor Kroenke are willing to sell to them unless the other major shareholder does.

But the two competing side's valuation of Arsenal differs, with 64-year-old Kroenke, who last month gave Wenger his full support, buying his shares at £11,750 each. That values the club at around £731m, whereas Usmanov's value increases that to £871m.

Therefore, Kroenke would stand to make a significant profit if he decided to sell all of his stake to Usmanov, although the chances of that happening are slim.

And rather, Usmanov's latest move in the game of chess surrounding events at the Emirates Stadium is likely to have been done with an eye on viewing the books at Arsenal.

Under Premier League rules the club's accounts have to be signed off by all directors - and it is thought that Usmanov has spotted a loophole as he would therefore be able to demand to see that financial information if he owns more than 30 per cent. The club last month announced football turnover of £225.4m for the year up to 31 May 2011 _a rise of just one per cent on the previous season - while the wage bill increased to £124.4m, which was up 12.4 per cent.


And they face the prospect of failing to qualify for the Champions League after their horrific start to the season, which has seen the club take just seven points from seven games, including an 8-2 defeat at Manchester United.

Chief executive Ivan Gazidis said last week the club's business plan was not based on securing Champions League football and that Arsenal would 'remain competitive' if they did not make the top four.

Yet that does not address the fact that Robin van Persie, Theo Walcott and Thomas Vermaelen are all out of contract in the summer of 2013 and could be sold at the end of this season if they do not agree new deals.

That would be a huge blow to the club, especially as Cesc Fabregas and Samir Nasri departed in the summer just gone, for Barcelona and Manchester City respectively :shock:

From Evening Standard.

Wow. The wage bill is higher than I thought! Unbelievable. It's GONE UP to over £120 mil!!! I know we got rid of a few people but we've brought in a few too. That is truly unbelievable stuff I have just read, and makes a mockery of 'self sustainability'!!!!

Fucking farcical. Read those figures again. Then ask yourself how a club that manages to concede 4 and lose to Steve Kean managed Blackburn and ship EIGHT at OT, can possibly justify that wage bill, or a 6.5% increase.

When Gazidis/Kroenke next insult you lot at an AGM, don't let them get away with it. Don't let 'self-sustainability' and 'cannot compete with Citeh' be used legitimately because Arsenal's wage bill is only lower than Man United's by just over £15 mil!!!!!
:cry:

What Gazidis, Wenger and Kroenke donot understand, is that this Holy Trinity of C**s, through their sheer arrogant incompetence have actually helped Usmanov to become more popular than he ever could have dreamed of!!!!

A combination of Wenger's rank management, with the lack of pressure at board level, and Gazidis's complete cluelessness about European football have increased Usmanov's legend.

If you think a man as rich as Usmanov would tolerate the shite we are seeing now, thin again. Remember, Kroenke has borrowed plenty and the money where he's from comes from his wife mainly.

Usmanov has more cash than Abramovich.

Two billionaires on the board but Arsenal 'cannot compete with ManYoo (the Glazers up to their arses in debt) and Chelsea'.

Comical.
Your comment is having a go at the board, but by the end of comment, you actually contradict yourself. Self sustainability means having the 4th biggest wage bill in the country and managing it yourself without the need for the billionaires..

Babatunde
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Re: USMANOV

Post by Babatunde »

piresistible wrote:
Babatunde wrote:Alisher Usmanov is attempting to turn the heat up on Stanley Kroenke even further by making a new bid to up his stake in Arsenal and get his hands on the club's books.

Usmanov owns 29.35 per cent of the club but has sent a letter to all small shareholders offering to buy theirs at £14,000 each - significantly more than Kroenke is offering.

If Usmanov increases his stake to more than 30 per cent by buying another 405 shares he would be subject to the Premier League's Owners and Directors Test, their updated Fit and Proper Persons Test.

Assuming he passes, then Usmanov will increase his demands to have a seat on the board - something that Kroenke, who owns 66.7 per cent of the club, has always refused.

But crucially, the American would not be able to prevent Usmanov from inspecting the club's accounts, which he could then use to increase pressure on the board.

And the situation is set to come to a head around the club's AGM on October 27, when Kroenke is likely to be in London and talk to supporters and shareholders.

Usmanov - rated as the 35th richest person in the world with £12.4billion - has consistently said he would provide more money for under-fire manager Arsene Wenger, whereas Kroenke has supported the club's self-sustainable model.

Yet it is far from clear where Usmanov - who made a counter-offer when Kroenke completed his takeover of the club in May - will be able to purchase his shares.

One intriguing avenue is that around 200 shareholders are thought to be deceased and the future of their investment remains uncertain. Another, is to buy shares from the Arsenal Supporters Trust's celebrated Fanshare scheme, yet they are seeking to increase their stake rather than sell.

Fanshare's 1900 members own approximately 70 shares, worth around £800,000 but have been told neither Usmanov nor Kroenke are willing to sell to them unless the other major shareholder does.

But the two competing side's valuation of Arsenal differs, with 64-year-old Kroenke, who last month gave Wenger his full support, buying his shares at £11,750 each. That values the club at around £731m, whereas Usmanov's value increases that to £871m.

Therefore, Kroenke would stand to make a significant profit if he decided to sell all of his stake to Usmanov, although the chances of that happening are slim.

And rather, Usmanov's latest move in the game of chess surrounding events at the Emirates Stadium is likely to have been done with an eye on viewing the books at Arsenal.

Under Premier League rules the club's accounts have to be signed off by all directors - and it is thought that Usmanov has spotted a loophole as he would therefore be able to demand to see that financial information if he owns more than 30 per cent. The club last month announced football turnover of £225.4m for the year up to 31 May 2011 _a rise of just one per cent on the previous season - while the wage bill increased to £124.4m, which was up 12.4 per cent.


And they face the prospect of failing to qualify for the Champions League after their horrific start to the season, which has seen the club take just seven points from seven games, including an 8-2 defeat at Manchester United.

Chief executive Ivan Gazidis said last week the club's business plan was not based on securing Champions League football and that Arsenal would 'remain competitive' if they did not make the top four.

Yet that does not address the fact that Robin van Persie, Theo Walcott and Thomas Vermaelen are all out of contract in the summer of 2013 and could be sold at the end of this season if they do not agree new deals.

That would be a huge blow to the club, especially as Cesc Fabregas and Samir Nasri departed in the summer just gone, for Barcelona and Manchester City respectively :shock:

From Evening Standard.

Wow. The wage bill is higher than I thought! Unbelievable. It's GONE UP to over £120 mil!!! I know we got rid of a few people but we've brought in a few too. That is truly unbelievable stuff I have just read, and makes a mockery of 'self sustainability'!!!!

Fucking farcical. Read those figures again. Then ask yourself how a club that manages to concede 4 and lose to Steve Kean managed Blackburn and ship EIGHT at OT, can possibly justify that wage bill, or a 6.5% increase.

When Gazidis/Kroenke next insult you lot at an AGM, don't let them get away with it. Don't let 'self-sustainability' and 'cannot compete with Citeh' be used legitimately because Arsenal's wage bill is only lower than Man United's by just over £15 mil!!!!!
:cry:

What Gazidis, Wenger and Kroenke donot understand, is that this Holy Trinity of C**s, through their sheer arrogant incompetence have actually helped Usmanov to become more popular than he ever could have dreamed of!!!!

A combination of Wenger's rank management, with the lack of pressure at board level, and Gazidis's complete cluelessness about European football have increased Usmanov's legend.

If you think a man as rich as Usmanov would tolerate the shite we are seeing now, thin again. Remember, Kroenke has borrowed plenty and the money where he's from comes from his wife mainly.

Usmanov has more cash than Abramovich.

Two billionaires on the board but Arsenal 'cannot compete with ManYoo (the Glazers up to their arses in debt) and Chelsea'.

Comical.
Your comment is having a go at the board, but by the end of comment, you actually contradict yourself. Self sustainability means having the 4th biggest wage bill in the country and managing it yourself without the need for the billionaires..
That's right. Arsenal don't need billionaires....

Which explains why their two principal majority shareholders vying for control are BOTH billionaires.

If anyone contradicts themselves it's you. Self-sustainability is a paradox in terms when one considers a simple formula of financial output relative to performance and expectations. That isn't self sustainable in any academic arena, it's way off the curve!

Having the 4th largest wage bill in the country and sitting 17th in the league is not self-sustainable, it is retarded.

Arsenal 'manage their wage bill themselves' do they? I believe Man United do also. Yet you never hear them go on about 'self sustainability' do you, despite not ripping their fans off like Arsenal.

Villa, Everton, Fulham, Man United, Spuds, all manage their wage bills themselves, all of them are above Arsenal in the league and yet none of them have managers earning anywhere near what Wenger earns.

Now.

School is done for the day. Hope you enjoyed that schooling.

You and Red Member should form an alliance of some sorts, and call it the Coalition of the Willing (imbeciles)

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