Dein predicts more foreign buy-outs

UP TO THREE more Premier League teams will come under foreign ownership within the next year, former Arsenal vice-chairman David Dein predicted last night.

Dein left Arsenal under a cloud six months ago after irreconcilable differences with the board regarding overseas investment and subsequently sold his 14% stake in the club to Russian oligarch Alisher Usmanov for £75million (€107.8m) with a view of eventually returning to the club.

Such hopes appeared to have been dashed by the recent ‘lockdown’ agreement announced by the remaining board members, which all but squeezed Dein out.