Alisher Usmanov attempted to purchase Stan Kroenke's stake in Arsenal Football Club last month, by means of a letter to the majority owner, for a reported £1 billion, which would have taken the club's valuation to £2 billion and putting the operations of the club to the Uzbekistani oil, gas, and general business magnate, the Financial Times has reported.
Usmanov remains interested in buying out Kroenke's 67-percent majority stake in a deal valuing the club at $2 billion, the person told The Associated Press.
The takeover bid adds to the sense of uncertainty surrounding the club, with Arsene Wenger's future beyond this season still up in the air.
However, media sources are reporting that the Kroenke family wants to maintain control of the club despite having several other franchises to their name, including the Los Angeles Rams (NFL), Denver Nuggets (NBA), Colorado Avalanche (NHL), Colorado Rapids of Major League Soccer, and the Colorado Mammoth of the National Lacrosse League. Wenger said his future won't be settled until a board meeting is held after Arsenal plays Chelsea in the FA Cup final on May 27.
While Arsenal's full-year revenue of about 350 million pounds is the third-highest in the Premier League, it's about 30 percent less than rival Manchester United, which generates more commercial income from jersey-sponsorship rights and branding.
He has a fractious relationship with Kroenke and last month he claimed that the club's issues should not be placed exclusively at the door of manager Arsene Wenger.
Mental Health Awareness on Morning Energy
Mental illness is a condition that can affect a person's thinking, feeling or mood, and it can be very hard to diagnose. A reported 70 percent of adolescents with mental health issues don't receive the care they need.
The Frenchman, who is out of contract at the end of the campaign, is preparing for the final Premier League game of the season against Everton with a faint hope of finishing in the top-four for the 21st consecutive season.
"All the responsibility for the fate of the club rests with the main shareholder", Usmanov told Bloomberg.
Usmanov's wealth is a source of frustration for many Arsenal fans, as the club has refused to tap into the tycoon's vast resources to boost their purchasing power on the transfer market.
TORIES IN SCOTLAND are refusing to implement means-testing for pensioners in receipt of winter fuel payments. Labour claims up to 10 million pensioners are set to lose the benefit under the Conservatives' plans.
Looking at some alternate time periods, the 12 month price index is 1.14811, the 24 month is 0.51052, and the 36 month is 0.33462. Transocean LTD (NYSE: RIG ) have shown a high EPS growth of 16.20% in the last 5 years and has earnings growth of -64.50% yoy.
CTV reports that the province, in working with Via and Metrolinx, would seek out private financing and partners. Between Kitchener-Waterloo and London, travel time could be reduced to a minimum of 25 minutes from 60 minutes.
NY police said Rojas was arrested for driving under the influence in 2008 and 2015, and detained earlier this month for menacing. Rojas was most recently arrested on a menacing charge last week for allegedly pulling a knife on an acquaintance in the Bronx.
Google has a pretty clear theme for this year's I/O developers conference: using machine learning to make our lives easier. The other thing worth mentioning is that you can't remap your Home button so that it launches an assistant other than Siri.
Yes: King Charles III, as befits its Shakespearean title (and blank-verse dialogue), features characters both living and dead. Pigott-Smith, who sadly died suddenly at the age of 70 last month - is absolutely brilliant in his role as Charles.
In the meantime, the Senate Intelligence Committee will continue our investigation into Russia's attempts to influence elections. House Speaker Paul Ryan, R-Wis., has offered Rosenstein a similar invitation to address House members.
The bookies' favourite is Giles Deacon , who has been spotted visiting the Middleton family home in the lead-up to the big day. Although there has been no official confirmation, reports suggest that he has indeed designed the wedding gown.
El presidente describió a los candidatos para reemplazar a Comey como 'sobresalientes', 'muy conocidos' y 'del más alto nivel'.
(OXY) Receives "Hold" Rating from Scotiabank
The stock of Occidental Petroleum Corporation (NYSE:OXY) has "Underweight" rating given on Monday, September 12 by JP Morgan. It increased, as 37 investors sold UNH shares while 473 reduced holdings. 97 funds opened positions while 67 raised stakes.
Questions emerge about health of new CEO at CSX
It helps investors in determining whether buying, selling or holding on to a stock would be beneficial for them. Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data.
Raúl Ruidíaz, a un paso de Cruz Azul
Por segunda vez consecutiva, Raúl Ruidíaz se convirtió en el 'Campeón de Goleo' (goleador del campeonato) en la Liga MX . La 'Pulga' no lleva ni un año en Monarcas Morelia y ya es pretendido por varios clubes importantes de México.
So This is Why Bristol-Myers Squibb (BMY) Is So Strong
Shares of Bristol-Myers Squibb Company (NYSE: BMY ) observed rebound of 17.74% since bottoming out at $46.01 on January 26, 2017. BRISTOL-MYERS SQUIBB COMPANY ( BMY ) has received mean Analyst rating of 2.39 from polled analysts at Reuters One Month Ago.
Investigan si se suicidó — Murió Chris Cornell
Vicky Cornell , la esposa del fallecido Chris Cornell , se refirió por primera vez al suicidio del cantante de Soundgarden. El vocalista fue encontrado en un hotel de Detroit horas después de actuar en esa ciudad junto a Soundgarden .