free hit counter
An unofficial blog from the creators of

AGM could bring Kroenke and Usmanov face to face with Arsenal board

Arsenal’s annual meeting next month could be a scorcher. After missing last year’s meeting, the club’s biggest shareholder, Danny Fiszman, has apparently confirmed that he will be at the gathering and it’s probable that billionaire shareholders Alisher Usmanov and Stan Kroenke (pictured) will be in the same room.

Having already met with Kroenke, Arsenal chairman Peter Hill-Wood says he is also willing to speak to Usmanov. But that conversation will not include small talk about any takeover, according to the Gunners’ figurehead.

"The major shareholders on the board have absolutely no intention of selling and they certainly would not welcome an offer,” Hill-Wood told the BBC.

"I don’t object to foreign investors coming in to the Premier League. Actually I thing it’s going to be beneficial because most of them are investment people and they’re not buying into these clubs because they’ve got a deep passion for the local team that they’ve supported since they were two-years-old. They think that football and the Premier League is an attractive investment. They’re going to want a return on that investment and I think that will work in our favour because there will be a more sensible attitude - although it’s not obvious yet - in transfer fees, salary levels and all this sort of thing.

“People putting up hundreds of millions of pounds are going to want to see how they can make a profit. To go on paying more and more and more over to the players is not frightfully sensible.”

However, despite the willingness of the board to speak to Kroenke and Usmanov, it would appear that the rift with former vice-chairman David Dein is till fresh in their minds, as they appear unwilling to entertain him...

Dein pocketed £75 millon when he sold his 14.58% stake in Arsenal to Usmanov’s Red & White Holdings last month. Dein has assumed the role as the company’s chairman with the task of increasing its shareholding.

Credited as the man who brought Arsene Wenger to the Arsenal, Dein has gone on the record as saying the club needs billionaire investors so that it can continue to compete with Manchester United, Liverpool, Chelsea and other European giants.

But that outspoken stance hasn’t ingratiated him with his former director colleagues who ousted him from the Arsenal board in April when Dein was backing Kroenke’s ambitions to launch a takeover bid.

Hill-Wood said, “We will have a dialogue with any principal or major shareholder. If they've got some sensible proposals we'll listen to them."

When it comes to Dein, the doors remain firmly closed though. “I see no major point in [speaking to him],” added Hill-Wood. “I've had 25 years of listening to him.”

Do you agree with the board's stance in shuttiing out Dein? Or perhaps your a Double-D fan who believes he still has a lot to offer Arsenal? Then share your thoughts here, using out comments section below

Came straight to this page? Visit for all the latest news.

If you’ve enjoyed feasting on Arsenal Pies then you’ll love, the best source of football news, views and gossip in the blogosphere!

Posted by Gordon Masson on September 11, 2007 in Debate of the Day, News | Permalink


TrackBack URL for this entry:

Listed below are links to weblogs that reference AGM could bring Kroenke and Usmanov face to face with Arsenal board:


Does anyone know what day they are scheduled to meet?

Posted by: Jenn | September 13, 2007 10:40 PM

Post a comment

Shiny Latest

Shiny Tech Shiny Fashion Shiny Lifestyle Shiny Sport Shiny Games
Subscribe to my feed, Tech Digest Tech Digest
  1. Shiny Video Review: Dell XPS 1330 notebook laptop
  2. Sony's Slim and Lite PSP out now
  3. Chrome chastity belt to keep 'things' in check
  4. The Toaster Teapot - for the single man
Subscribe to my feed, Catwalk Queen  Catwalk Queen
  1. London Fashion Week: PPQ (with Peaches Geldof)
  2. London Fashion Week: Caroline Charles
  3. London Fashion Week: Gavin Douglas
  4. London Fashion Week: Ben de Lisi
Subscribe to my feed, Hippyshopper  Hippyshopper
  1. Eco-pioneers the Natural Collection go eco-chic
  2. World's Worst Polluted Places 2007 revealed
  3. All You Can Eat vegan Thai buffet restaurants in London
  4. Oxfam online: Charity shopping from your PC
Subscribe to my feed, Who Ate All The Pies Who ate all the Pies
  1. Join Pies In The Community and win an iPod Nano
  2. Pete Doherty playing football...
  3. The 10 ways "in form" Michael Owen will probably get injured before he can play for Newcastle...
  4. Fiendish Friday Quiz
Subscribe to my feed, PSPSPS  PSPSPS
  1. Something for the weekend
  2. MGS will be back
  3. DLC for Heavenly Sword... maybe
  4. PSN title Everyday Shooter trailer - oh my wow
Subscribe to my feed, Shiny Shiny Shiny Shiny
  1. Battery Eater vampires your near-dead batteries
  2. OAP love the Nintendo Wii
  3. DialupPC is big on Skype (and every other phone)
  4. Microsoft Mobile Memory Mouse 8000
Subscribe to my feed, Shoewawa  Shoewawa
  1. Perfect vintage charm with these 'Lucy' leather heels
  2. Warehouse's 'Carrie' court shoes - influenced by Chloe?
  3. Giuseppe Zanotti's taupe suede and diamante pumps are impractical but gorgeous
  4. Satisfy your sweet tooth and your shoe obsession with these Chocolate Nikes.
Subscribe to my feed, Corrie Blog  Corrie Blog
  1. Julie Goodyear Dietrich
  2. Should RTerreh return to Coronation Street?
  3. Have a drink with Wendi Peters
  4. Corrie A-Z: S is for Sealions in the Bath
Subscribe to my feed, Chelsea Pies  Chelsea Pies
  1. Mourinho said that Shevchenko was crap – he was right
  2. Match Preview: Chelsea Vs Blackburn
  3. Are all David Dunns fat?
  4. Shaun Wright-Phillips Vs David Bentley
Subscribe to my feed, XBoxer  XBoxer
  1. Halo "musuem" commercial lampooned
  2. EA’s John Ricitiello argues TV as violent as games, ITV boss hits back
  3. EA's Dead Space revealed
  4. Pro Evolution Soccer 2008 gets European release date
Subscribe to my feed, Techscape  Techscape
  1. ShoZu to support geotagging for Flickr, YouTube and others
  2. 3GSM 2007: Clicmobile on why mobile social networking is going niche
  3. 3 finally brings social networking into X-Series
  4. Nokia to enter mobile advertising market with Nokia Ad Service
Subscribe to my feed, Kiss and Makeup  Kiss and Makeup
  1. Shiny Video Review: Dell XPS 1330 notebook laptop
  2. Sony's Slim and Lite PSP out now
  3. Chrome chastity belt to keep 'things' in check
  4. The Toaster Teapot - for the single man
Subscribe to my feed, Available For Panto  Available for Panto
  1. Today's links: Shipwrecked, Jordan and Quizzes
  2. I'm a celebrity star Dec sprains ankle
  3. Cowell offers Britney a slot on X Factor
  4. Marco kicking Lee Ryan out
Subscribe to my feed, ManunitedPies  Man United Pies
  1. Vidic header beats Everton as United go top of the table - but where have all the goals gone?
  2. You be the boss
  3. United, United what’s the score?
  4. The way we were - Everton 2 United 4
Subscribe to my feed, Wii Wii  Wii Wii
  1. test
  2. Why Nintendo should buy Twitter to integrate with Wii
  3. On the Virtual Console today:
  4. WiiWare: Original downloadable games on Wii
Subscribe to my feed, HDTV UK  HDTV UK
  1. Sun runs Java Powered Blu-ray Disc Developer Forums at IFA
  2. Maxell to produce Blu-ray 8cm discs for camcorders
  3. Denon launches AVR-4308DAB AV Wi-Fi receiver with HD capabilities
  4. Philips and Canalsat partner to accelerate Euro HDTV adoption
Subscribe to my feed, The Bag Lady  The Bag Lady
  1. Britney Spears and her white Versace tote
  2. This Red Envelope leather jewelry portfolio: beautiful, useful and on sale
  3. Forever 21 imitates an enamel stripe ring look
  4. Let 'Stanley' guard your lunch from sneaky coworkers!
Subscribe to my feed, Crafty Crafty  Crafty Crafty
  1. Crochet Pattern: Pretty Puff Slouchy Hat
  2. At home Photography Studio
  3. Food craft: Pirate cakes
  4. Inspiration: creatures from Planet Sock
Subscribe to my feed, Liverpool Pies  Liverpool Pies
  1. Is Daniel Agger starting his own Hell's Kitchens?
  2. Portsmouth v Liverpool: The betting
  3. Caption me: Pepe Reina and David James share a joke
  4. Lawro thinks it'll be 1-1 tomorrow. What do you think?
Subscribe to my feed, Games Digest  Game Digest
  1. Shiny Video Review: Dell XPS 1330 notebook laptop
  2. Sony's Slim and Lite PSP out now
  3. Chrome chastity belt to keep 'things' in check
  4. The Toaster Teapot - for the single man
Subscribe to my feed, iPhonic  iPhonic
  1. Glide Mobile offers iPhone users Microsoft Word editing capabilities
  2. Telefónica said to be negotiating Spanish iPhone deal
  3. Samsung touts F700 "mobile hybrid" as iPhone killer in Europe
  4. iLuv launching range of iPhone accessories: cases, armbands, battery boosters, FM transmitter
Subscribe to my feed, Bridalwave  Bridalwave
  1. Cute and quirky bridesmaid gifts from Simply Dazzling
  2. The Wedding Time Tin lets you keep your memories in one place
  3. Vera Wang Maids collection on sale at Selfridges this month
  4. Frock Horror #80
Subscribe to my feed, LostWeekend  Lost Weekend
  1. Wax On, Wax Off: Self-Lubricating Skis Give Professionals The Edge, Give Amateurs Concussion
  2. Ryanair Moving to Milan and Taking Planes With Them
  3. Sharia Law Hotel in Bangalore Bans Everything
  4. Virgin Airlines Just Keep Giving With New Wi-Fi Access
Subscribe to my feed, SpursPies  Spurs Pies
  1. Make no mistake, Spurs still lag behind the Gunners
  2. Got a burning question for the Tottenham gaffer? Well, here's your chance to ask it!
  3. Caption Comp: Another chance to put words in Arsene Wenger's mouth
  4. Do the board want us to lose tomorrow against Arsenal?
UK Resistence
  1. Shiny Video Review: Dell XPS 1330 notebook laptop
  2. Sony's Slim and Lite PSP out now
  3. Chrome chastity belt to keep 'things' in check
  4. The Toaster Teapot - for the single man