Latest reports suggest Alisher Usmanov could accept Stan Kroenke’s £525m offer for his 30% shares at Arsenal, leaving him free to join Farhad Moshiri at Everton.
Moshiri is currently one of the main shareholders in the Merseyside club, and has instigated the kind of player investment that Usmanov has called for from the Gunners in the past.
However, given Usmanov’s inability to gain any form of influence at Arsenal, not even sitting in on board meetings, he might decide to make the move to Merseyside.
At least that’s what the Standard are suggesting. Usmanov is friends with Moshiri, so it wouldn’t be too much of a stretch of the imagination. If Usmanov sold his shares, giving Kroenke a 97% stake of the club, then Kroenke would no longer have to put his new resolutions to the shareholders.
He could force all minority shareholders to sell up, including the Arsenal Supporters Trust. Kroenke could even get rid of the AGM and take out dividends. None of those options sound particularly appealing, considering Kroenke’s history with the club.
Stan’s ‘Kroenke Sports & Entertainment’ received a £3m fee for their consultation not too long ago, and those sorts of fees out of the club could potentially become more common if the owner no longer had anyone to answer to.
Usmanov and Kroenke’s battle for supremacy in North London is the only thing standing in the way of that future becoming a possibility.