Stan Kroenke and key figures in Arsenal takeover: profile
With Stan Kroenke set to take 62 per cent shareholding in Arsenal, Telegraph Sport looks at who the American is and the club's other stakeholders.
Majority: Stan Kroenke is estimated to be worth $3 billion Photo: GETTY IMAGES
7:11AM BST 11 Apr 2011
Stan Kroenke
A 63-year-old businessman whose sporting empire already includes the Denver Nuggets (basketball), Colorado Avalanche (ice hockey), Colorado Mammoth (lacrosse), Colorado Rapids (football) and St Louis Rams (American football). His estimated worth is $3 billion and both Kroenke and wife Ann, a Wal-Mart heiress, feature independently on the Forbes list of the world’s 250 richest people. Has never sold a share in any of his sports investments and is now arguably the most influential owner of sports teams in the world.
Had 29.9: per cent
Will have: 62 per cent
Danny Fiszman
A hugely influential director who played a major part in the historic move from Highbury to the Emirates. Fiszman made his fortune as a diamond trader and acquired more than 25 per cent of Arsenal. He formed a strong alliance with Kroenke and has previously already sold around nine per cent of his shares to the American businessman. He is now seriously ill with cancer and has agreed to sell his remaining 10,025 shares to Kroenke for around £115 million.
Had 16.1: per cent
Will have: 0 per cent
Alisher Usmanov
With business partner Farhd Moshiri, Red and White Holdings initially became involved in Arsenal in August 2007 after buying the stake of former vice-chairman David Dein. An Uzbek billionaire and Arsenal fan, Usmanov previously proposed a rights issue for the club to generate further revenue for Arsène Wenger, who he calls a genius. Despite owning more than a quarter of a the club, he has never been invited on to the board. He could retain his blocking stake and so could prevent Arsenal from becoming a private company and being delisted from the stock exchange.
Had 27.1: per cent
Will have: ?
Lady Nina Bracewell-Smith
Owns 15.9 per cent of the shares and was an Arsenal director from 2005 until 2008 when she was ousted from the board. Bracewell-Smith’s shares have been in her family for the past three generations, but she was deeply hurt at her treatment by the directors and they subsequently went up for sale via Blackstone, a global financial services company. It is understood that she initially wanted around £150 million but has now settled for their market value of £114 million.
Had: 15.9 per cent
Will have: 0 per cent
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