Wenger shrugs off boardroom battles to focus on Reds
The Gunners announced the behind-the-scenes manoeuvres on Wednesday night — which saw majority shareholder Lady Bracewell-Smith, who owns a 15.9% stake and whose family has a long association with the Barclays Premier League club, voted out of her positions completely following a disagreement over Arsenal’s future direction.
The boardroom changes have reignited speculation Arsenal may be set for a takeover, given Bracewell-Smith — who described the turn of events as “appalling” — is now no longer subject to the director’s lockdown agreement designed to fend off any potential hostile bids.
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