By 1970's Gooner
Dein has not done what a lot feared. He has not sold his 14.7% shareholding in Arsenal to his friend Stan Kroenke! He has however found a new willing buyer.
He is Alisher Usmanov who forked 75m to aquire Dein’s stake. This places a value for each share at 8200 and the whole club at 510m.
Usmanov is the president of GazpromInvestHolding and the owner of GazMetall/Metalloinvest Group.
This Group controls 40% of iron ore production in Russia and the country's 2 of 9 largest steel works.
According to Forbes Magazine, Alisher Usmanov is the 23rd richest businessman in Russia and the 278th richest businessman in the world.
He has said his first love was his stock, or shares, in his metals plants.
What is unsettling is why has Dein gone ahead with this sale. There are only two explanations.
Either he is getting out of Arsenal altogether with probably a view to investing in another club (maybe in tandem with Ecclestone in QPR) or he is in partnership with Usmanov and will return to Arsenal as part of Usmanov’s team that may eventually take over.
Mr Usmanov's firm, Red and White Holdings, which lists Dein as its Chairman (!), said it wanted to up its stake in Arsenal over time. But it stressed there were no plans for an imminent increase in its holding.
Who believes them? This is what they all say. Why would a man of his means invest 75m without wanting to take control?
What do you think?
Alisher Usmanov Fact File
Net Worth: 2.6 bn USD
Country Of Citizenship: Russia
Residence: , Russia
Marital Status: married, 2 children