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Alisher Usmanov: Arsenal shareholder makes £1bn takeover bid to Stan Kroenke

Usmanov’s rivalry with Kroenke has develop into more and more public

Uzbek-born Russian billionaire Alisher Usmanov has made a £1bn bid to wrest management of Arsenal from majority shareholder Stan Kroenke.

However with Kroenke exhibiting no curiosity, the bid has in impact been rejected, although Usmanov is but to obtain written affirmation.

The Monetary Instances reported