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Arsenal Takeover Mystery

by | 23rd, March 2007

arsenal.jpgAS Arsenal buy yet another teenage prodigy in Arsene Wenger’s quest to field the first-ever pre-pubescent Premiership team, Arsenal fans’ interest has turned to boardroom shenanigans.

As the last of the big four Premiership clubs to remain in English hands, somewhat ironically considering their penchant for foreign talent, fears are rising that a takeover bid from either Russia or the Middle-East could be on the cards, according to the Times.

The north Londoners’ largest shareholder, diamond dealer Danny Fizman, has recently offloaded some of his stake in the club, a move which has seen the club’s share price rise £900 to £6,200 in just a week.

However, just who has been buying Fizman’s shares (659 of them at £5,975 a pop) remains to be seen. Although the Arsenal powers-that-be continue to deny takeover rumours, a spokesman for the Arsenal Supporters’ Trust admitted, “It is all very intriguing. We know who is selling, but we don’t know who is buying the shares or why”.

Could it be a Russian oligarch? A Qatar billionaire? A mild-mannered janitor? Or maybe it’s a Royal Bank of Scotland director?



Posted: 23rd, March 2007 | In: Money Comment | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink