The purchase, which was announced on Tuesday morning to the Stock Exchange, makes Usmanov´s company the club´s second-highest shareholder behind Danny Fiszman, who has 24%.
Usmanov, who formed the company alongside fellow investor Farhad Moshiri specifically to hold equity in the north London club, first bought into Arsenal when he paid former vice-chairman David Dein around £75million for his 14.65% holding in August.
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