Arsenal insist the club’s board members have no intention of selling their shareholding despite admitting a “constructive meeting” took place with Farhad Moshiri of Red and White Holdings Limited, who now possess almost a quarter of the club’s shares.

Arsenal tonight confirmed a "constructive meeting" had taken place with Farhad Moshiri of Red and White Holdings Limited, who now possess almost a quarter of the club's shares.

Russian Alisher Usmanov has further increased his stake in Arsenal to 23%, it was announced this morning.

Arsenal will maintain “continued dialogue” with American billionaire investor Stan Kroenke – but have yet to hold a meeting with Russian Alisher Usmanov.

Russian businessman Alisher Usmanov has increased his shareholding in Arsenal after his investment company Red and White Holdings Limited raised their stake in the club to 21%.