Usmanov increases Gunners holding

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Football News
Red and White Holdings Ltd have increased their shareholding in Arsenal to 24%.

The investment company, whose chairman is former Gunners vice-chairman David Dein, is owned by Russian businessman Alisher Usmanov and London-based investor Farhad Moshiri.

It was formed in August 2007 following the initial sale of Dein´s 14.5% stock for £75million, and by October had increased their stake to 23% - making them the second biggest individual shareholder behind director Daniel Fiszman, who has 24.11%.

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