Alisher Usmanov is reportedly ready to pay up to double his original £1bn offer in an attempt to wrestle Arsenal from majority shareholder, Stan Kroenke.
- Usmanov currently owns around 30% of Arsenal and has no place on the board
- Russian is worth £11.2bn
- Billionaire values Arsenal at £1.6bn but it ready to go up to £2bn
- Kroenke previously refused £1bn takeover bid
On Friday, it emerged that Russian billionaire Usmanov had attempted to buy Arsenal from Kroenke for £1bn – that’s £35,000 per share, which is almost three times what the American owner paid.
The bid was rejected, with Silent Stan supposedly pledging his commitment to the Gunners.
However, it seems that Usmanov isn’t ready to give up without a fight and now, according to the S*n, he’s ready to double his initial offer and hand Stan up to £2bn for Arsenal Football Club.
The Uzbek-born investor, who’s worth £11.2bn himself, values Arsenal at £1.6bn and reportedly knew that Kroenke would reject his first bid.