Usmanov ups Arsenal stake

AN investment firm co-owned by billionaire Alisher Usmanov have increased their stake in Arsenal to 25%.

Usmanov ups Arsenal stake
Tue, 17 Feb, 2009 - 00:00

Red and White Holdings first invested in Arsenal two years ago when they bought the 14.65% holding of former vice-chairman David Dein.

The company owned around 24% before making their latest move, which was confirmed in a statement from Arsenal Holdings yesterday.

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