Alisher Usmanov: Arsenal shareholder makes £1bn takeover bid to Stan Kroenke

Alisher Usmanov

Uzbek-born Russian billionaire Alisher Usmanov has made a £1bn bid to wrest management of Arsenal from majority shareholder Stan Kroenke.

However with Kroenke displaying no curiosity, the bid has in impact been rejected, although Usmanov is but to obtain written affirmation.

The Financial Times reported