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Arsenal takeover rumours escalate
By 18 Sep 2007
Speculation over whether Arsenal will be taken over by billionaire Alisher Usmanov has grown after the Russian increased his stake in the London football club to 21 per cent.

Arsenal’s chair, Peter Hill-Wood has already declared that the club’s key shareholders had no intention of selling, but Usmanov’s Red & White Holdings vehicle now has the second largest stake after Danny Fiszman, a non-executive director at Arsenal, who holds 25 per cent of the shares.

David Dein, former vice-chair at Arsenal, sold his shares to Usmanov for £75m in April, when he left the club after reported boardroom differences over investment possibilities. Dein is now chair of Red & White Holdings, adding fuel to the fire that a takeover may be on the cards.

If Arsenal does get taken over, it will be the latest in a raft of Premier League teams to have been acquired by foreign investors.



News
1 to 12 of 7441 news stories
02 Jul 2020
Planning permission has been submitted for a naturally filtered thermal experience and botanical spa and wellbeing hub on a dutch barge moored in West India Quay, London. Conceptualised by bodywork therapist Nico Thoemmes, the Water ... More
01 Jul 2020
As a wave of spas reopen around the world, it’s clear the industry is going to need to be creative to cater to new consumer needs which will likely focus on prioritising health. In light ... More
02 Jul 2020
The UK spa, beauty and wellness industry is in uproar following a recent Prime Minister’s Question time where the urgent matter of reopening the sector reduced MPs to laughter. William Wragg, MP for Hazel Grove ... More
01 Jul 2020
Kathryn Moore, founder of Spa Connectors, has announced the launch of the Hall of Wellness Awards (HOW Awards) to recognise those excelling in their fields in the global spa, beauty and wellness industry. The awards ... More
30 Jun 2020
Italian destination spa, Borgo Egnazia, has reopened to guests and updated its popular Happiness Break to begin at home, with a new set of pre-arrival digital consultations and classes. Borgo Egnazia’s team of therapists has ... More
30 Jun 2020
The UK Spa Association (UKSA) is urging industry members to lobby the government for a reopening date by sending letters directly to the Prime Minister and their local MPs. The trade body has worked alongside ... More
30 Jun 2020
Almost half of all public health and fitness, leisure and community facilities in the UK, including swimming pools and leisure centres with gyms, will close by the end of the year unless councils get a ... More
29 Jun 2020
Mindfulness app provider, Headspace, is providing free subscriptions to all unemployed or furloughed workers in the UK and US following the COVID-19 crisis. The year-long subscription to the upgraded app version – Headspace Plus – ... More
30 Jun 2020
Global wellbeing organisation, Therme Group, has confirmed its 28-acre wellbeing project in the UK is on track to begin construction. Set to open in 2023, the £250m (US$308.6m, €274.4m) waterpark and spa project will combine ... More
26 Jun 2020
The Northern Ireland Executive has announced that spas can reopen on 6 July, as part of a statement detailing a range of measures to lift lockdown restrictions. “Today we have reached the next rung in ... More
25 Jun 2020
Rockliffe Hall Spa is preparing to provide in-room wellness treatment experiences for hotel guests while the spa remains closed due to the COVID pandemic. The spa team at Rockliffe Hall Hotel, in Durham, UK, has ... More
26 Jun 2020
Swiss health clinic operator, Clinique La Prairie (CLP), has refreshed its signature Master Detox programme using the power of nutrigenomic science. Established in 1931, CLP’s original property is located in Montreux, Switzerland, which specialises in ... More
     
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Jobs   News   Products   Magazine
NEWS
Arsenal takeover rumours escalate
POSTED 18 Sep 2007 . BY
Speculation over whether Arsenal will be taken over by billionaire Alisher Usmanov has grown after the Russian increased his stake in the London football club to 21 per cent.

Arsenal’s chair, Peter Hill-Wood has already declared that the club’s key shareholders had no intention of selling, but Usmanov’s Red & White Holdings vehicle now has the second largest stake after Danny Fiszman, a non-executive director at Arsenal, who holds 25 per cent of the shares.

David Dein, former vice-chair at Arsenal, sold his shares to Usmanov for £75m in April, when he left the club after reported boardroom differences over investment possibilities. Dein is now chair of Red & White Holdings, adding fuel to the fire that a takeover may be on the cards.

If Arsenal does get taken over, it will be the latest in a raft of Premier League teams to have been acquired by foreign investors.

MORE NEWS
London’s River Thames set to welcome floating botanical wellness spa and hot springs
Planning permission has been submitted for a naturally filtered thermal experience and botanical spa and wellbeing hub on a dutch barge moored in West India Quay, London.
Is COVID-19 helping highlight halotherapy’s potential respiratory benefits?
As a wave of spas reopen around the world, it’s clear the industry is going to need to be creative to cater to new consumer needs which will likely focus on prioritising health.
Industry responds as UK parliament mocks wellness and beauty sector
The UK spa, beauty and wellness industry is in uproar following a recent Prime Minister’s Question time where the urgent matter of reopening the sector reduced MPs to laughter.
Kathryn Moore launches Hall of Wellness Awards to recognise industry excellence
Kathryn Moore, founder of Spa Connectors, has announced the launch of the Hall of Wellness Awards (HOW Awards) to recognise those excelling in their fields in the global spa, beauty and wellness industry.
Borgo Egnazia refreshes its Happiness Break retreat to start from pre-arrival
Italian destination spa, Borgo Egnazia, has reopened to guests and updated its popular Happiness Break to begin at home, with a new set of pre-arrival digital consultations and classes.
UKSA mobilises industry to press Boris Johnson for reopening date
The UK Spa Association (UKSA) is urging industry members to lobby the government for a reopening date by sending letters directly to the Prime Minister and their local MPs.
+ More news   
 
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