free hit counter
An unofficial blog from the creators of www.whoateallthepies.tv
Arsenal Pies

Red & White Holdings backs off on dividends plea


It looks as if David Dein may be influencing Alisher Usmanov to change his tune about Arsenal. The billionaire businessman’s Red & White Holdings, which has amassed 23% of the club’s shares today reiterated its position as a long-term investor in Arsenal Holdings, the Gunners’ parent company.

Usmanov’s investment company also said it now supports the Arsenal board’s policy of reinvesting any surplus cash flow into the club and not paying dividends to shareholders. That could be Dein’s influence shining through in a bid to foster trust for Usmanov and perhaps gain the backing of a few more supporters.

That statement is in direct contrast to earlier noises coming out of Red & White which suggested Usmanov would push for dividends so that he could get a return on his investment.

And the company also repeated its assertion that it has no intention of making a full takeover bid for Arsenal.

The latest move could be a clever manoeuvre by Usmanov to bring him closer to the incumbent Arsenal board ahead of this Thursday’s annual meeting. No matter what, any news that comes out of the AGM will be interesting to hear and the input of our new foreign investors could ruffle a few feathers when the shareholders gather at Emirates Stadium, especially if Usmanov sends David Dein to the meeting.

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

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

Posted by Gordon Masson on October 16, 2007 3:05 PM in News
| Comments (0) | digg this | del.icio.us this | Stumble It!

TrackBack

TrackBack URL for this entry:
http://shinymedia.headshift.com/cgi-bin/mtshiny/mt-tb.fcgi/62273

Listed below are links to weblogs that reference Red & White Holdings backs off on dividends plea:

Comments

Post a comment







Shiny Latest

Shiny Tech Shiny Fashion Shiny Lifestyle Shiny Sport Shiny Games
Subscribe to my feed, Tech Digest Tech Digest
  1. Sony works with three Japanese artists to produce limited edition skins for Vaio, Walkman and earbuds
  2. Bebo and Ministry of Sound team up for a remixing competition, tempt thousands of underagers into their clubs
  3. Tech Digest competition: win a Tesco Internet Phone Stickphone!
  4. Olympus mju 790 SW digital camera now available in limited edition lime green shade
Subscribe to my feed, Catwalk Queen  Catwalk Queen
  1. Hindmarch hit in the London designer shop raids!
  2. Peacocks clothing available online - bargain hunters rejoice!
  3. Agent Provocateur announces Catherine Bailey as Maggie Gyllenhaal's successor in the Miss AP campaign
  4. Slinky silver outfit for Autumn nights out
Subscribe to my feed, Hippyshopper  Hippyshopper
  1. Which country has the greenest-minded companies?
  2. Cindy Livingston shares with us about Time To Give and Safe House Ethiopia
  3. EcoCentric's recycled laptop bags - made from bits of old boat
  4. Dixons.co.uk launches the Greenshop for eco-shopping. Good news for polar bears
Subscribe to my feed, Who Ate All The Pies Who ate all the Pies
  1. VOTE: Who is the world’s best striker?
  2. Come up with a caption: Paul Robinson prepares for England
  3. Mad football chairmen XI
  4. The Tuesday Teaser
Subscribe to my feed, PSPSPS  PSPSPS
  1. Bionic Commando to make a next-gen comeback
  2. PlayStation Eye landing in the UK next month
  3. Sir Howard Stringer: PlayStation Network to expand to “TV and beyond”
  4. Rumour: GTA IV to have 16 player multiplayer
Subscribe to my feed, Shiny Shiny Shiny Shiny
  1. Spice Girls Greatest Hits only to be available online (and Victoria's Secret)
  2. Dixons.co.uk launches the Greenshop for eco-shopping
  3. Gorgeous Intempo DAB radios in winter colours
  4. Digital switchover: What's it all about?
Subscribe to my feed, Shoewawa  Shoewawa
  1. Schuh buckle calf boot in mink and black with wooden heel
  2. Esska fold-down shoes at Lollipop London - cute or crazy?
  3. Gorgous beige stacked heel fur round toe tall boots from Amistyle
  4. Dress up your shoes with Absolutely Audrey vintage shoe clips!
Subscribe to my feed, Corrie Blog  Corrie Blog
  1. Samia Smith feeling broody
  2. It's not all over for Corrie's Roy and Hayley
  3. More Corrie charity workers
  4. Acting masterclass with Suranne Jones
Subscribe to my feed, Chelsea Pies  Chelsea Pies
  1. Chelsea shit lookalikes: Petr Cech shameless promoting his fridge freezer and Chris Kamara shamelessly promoting his fridge freezer
  2. 10 smarter ways for the England boo boys to tell Frank Lampard they don't like him...
  3. On this day (sort of)...Ken Bates claims that Chelsea's finances are sound - liar!
  4. A tribute to football pies
Subscribe to my feed, XBoxer  XBoxer
  1. New Army of Two trailer showcases gameplay
  2. Lumines Live price cut - the best XBLA game is now a right bargain
  3. Rare mum on Perfect Dark Zero sequel
  4. Every Extend Extra Extreme and Speedball Il: Brutal Delux available tomorrow
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. Alexander McQueen for MAC available online!
  2. Space NK Japanese Wash Cloth
  3. 15% off LVF Mineral Makeup!
  4. Brand IQ: Nvey Eco organic make up
Subscribe to my feed, Available For Panto  Available for Panto
  1. Gordon Ramsay thinks French women smell
  2. Daily Poll: Kylie or Dannii?
  3. Classic reality tv: Reggae Reggae Sauce
  4. Matt Willis to present "I'm a Celebrity...Now!"
Subscribe to my feed, ManunitedPies  Man United Pies
  1. Was Joleon Lescott’s England debut the worst debut ever?
  2. Another Tevez to join United?
  3. Fat Frank Lampard out of Russia starting XI?
  4. £100k a week insurance for England stars
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. Sony and Toshiba both open new European LCD TV production plants
  2. SlySoft adds "artificial intelligence" element to AnyDVD, claiming it futureproof
  3. Optiarc BC-5500A Blu-ray reader for laptops
  4. LG's BH200 dual-format player to handle Blu-ray Profile 1.1
Subscribe to my feed, The Bag Lady  The Bag Lady
  1. Yuibi yellow leather banana purse
  2. Thakoon Panichgul is a confirmed designer at Hogan
  3. Flowery briefcase from Vintage Trends
  4. The 'Big Snuggle' bag from All the Trimmings
Subscribe to my feed, Crafty Crafty  Crafty Crafty
  1. Sarah Cihat's 'Rehabilitated Dishware'
  2. Knitting: Donyale Lacy socks
  3. Make this stylish jumper dress
  4. Geek Craft: Recycled computer cat clock
Subscribe to my feed, Liverpool Pies  Liverpool Pies
  1. Xabi Alonso set to return?
  2. If we had to buy an Everton player, who would get your vote?
  3. Liverpool FC: The season so far
  4. Alan Stubbs takes a swipe at Liverpool and Rafa Benitez - yawn!
Subscribe to my feed, Games Digest  Game Digest
  1. Sony works with three Japanese artists to produce limited edition skins for Vaio, Walkman and earbuds
  2. Bebo and Ministry of Sound team up for a remixing competition, tempt thousands of underagers into their clubs
  3. Tech Digest competition: win a Tesco Internet Phone Stickphone!
  4. Olympus mju 790 SW digital camera now available in limited edition lime green shade
Subscribe to my feed, iPhonic  iPhonic
  1. Greenpeace clashes with Apple over iPhone's eco-unfriendliness
  2. Has Apple reached a French iPhone deal yet? Hard to say
  3. XtremeMac introduces TuffWrap Plus iPhone cases
  4. Rumour: 16GB iPhone on its way
Subscribe to my feed, Bridalwave  Bridalwave
  1. Personalised wedding CDs
  2. Mother of the Bride suit at Watters
  3. Organza cape with ostrich feathers by Wonderful Wraps
  4. Star tiara at Marianna Christodoulou
Subscribe to my feed, LostWeekend  Lost Weekend
  1. New Baggage Tracking System Means an End to Lost Luggage
  2. Are you Muslim? Heading into Space? Keep Reading
  3. Blackmarket Rugby World Cup Tickets Likely to Send England Fans into Bankruptcy
  4. Airbus Delivers First Airbus A380 to Singapore Airlines, Starts Work on Second.
Subscribe to my feed, SpursPies  Spurs Pies
  1. What is the greatest Spurs song ever?
  2. Why Dimitar Berbatov fears Bulgaria could miss out on Euro 2008
  3. Hapoel Tel Aviv boss says Tottenham are favourites to win Group G
  4. Is using the word 'Yid' at football racist? Spurs fans to debate thorny issue
UK Resistence
  1. Sony works with three Japanese artists to produce limited edition skins for Vaio, Walkman and earbuds
  2. Bebo and Ministry of Sound team up for a remixing competition, tempt thousands of underagers into their clubs
  3. Tech Digest competition: win a Tesco Internet Phone Stickphone!
  4. Olympus mju 790 SW digital camera now available in limited edition lime green shade