David Owen: Arsenal takeover might be good news for Russian Olympians
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The link might not be immediately apparent.
But this week’s move by US businessman Stan Kroenke to take his stake in Arsenal, the underachieving English Premier League football club, to 63 percent while agreeing a mandatory offer for the rest of the shares could turn out to be good news for Russia’s underachieving Olympic athletes.
Why? Because Arsenal minority shareholder Alisher Usmanov may sooner or later be in line to receive a very large cheque.