Arsenal's decision to purchase Mesut Ozil and the form that has propelled them to the top of the English Premier League is proof the club is showing ambition and could be the catalyst for more trophies, part-owner Alisher Usmanov has said.
Arsenal manager Arsene Wenger has not had enough support from the Premier League club's board, shareholder Alisher Usmanov said on Thursday.
Uzbek billionaire Alisher Usmanov, who is a major shareholder in the Arsenal Football Club, is of the opinion that manager Arsene Wenger needs to be given the financial backing to bring in experienced players to end the club's six-year trophy drought.
Red & White Holdings, the investment vehicle of Russian steel magnate Alisher Usmanov, has left the door ajar for a takeover of Premier League soccer club Arsenal, saying it will keep all options open. In a statement on Tuesday, Red & White, which currently holds a 26 percent stake in the north London-based club, said it remains a "committed long-term investor".
The Hinduja brothers, who run the multinational Hinduja Group conglomerate with interests across automotive, real estate and oil, moved up from third position last year to top the UK's billionaire charts this year.
Arsene Wenger must start learning from his mistakes if Arsenal are to compete at the highest level of European football, Alisher Usmanov, the London club's second-largest shareholder, has said.
Earlier in the day, Russia was banned from defending its Davis Cup and Billie Jean King Cup titles but its players will still be allowed to compete at the Grand Slams and in regular tour events.
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