Usmanov ally blasts Adebayor’s City switch
Farhad Moshiri is a London-based investor with close links to billionaire Russian oligarch Usmanov, who owns around a 25% stake in the club.
Moshiri is “mystified” as to why the Gunners board rejected a rights issue proposed and underwritten by Usmanov this summer which he intended to generate transfer cash for manager Arsene Wenger and also reduce the club’s long-term debt.