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Article: Alisher Usmanov increases stake in Arsenal to more than 24 percent
- Article from:
- AP Worldstream
- Article date:
- February 15, 2008
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Russian billionaire Alisher Usmanov has increased his stake in Arsenal to more than 24 percent.
Usmanov's Red and White Holdings Ltd. did not give the exact percentage in a statement to the London Stock Exchange on Friday, only stating "it now holds a stake of over 24 percent in Arsenal Holdings PLC."
In September, Red and White became the Premier League club's second-largest shareholder with 23 percent.
Red and White is jointly owned ...