Usmanov increases Gunners shares

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%.

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%.

The purchase, which was announced this morning to the Stock Exchange, makes Usmanov’s company the club’s second-highest shareholder behind Danny Fiszman, who has 24%.

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