Friday, September 15, 2006

Billionaire sniffing at Gunners

Video Safari

Arsenal have been in unofficial takeover talks.

The Sun says the Gunners have discussed a £350 million price for the club. A consortium interested in buying the club backed off in June when told the asking price.
Now a new group, which could include a Russian billionaire, has arrived on the scene in recent weeks.
An insider said: "There is an awful lot of activity going on behind the scenes at the moment, some serious discussions."
The club has had no official approach and the board have NOT discussed a firm offer.
However, a number of shareholders are aware of the interest.
The new group's involvement is at the earliest stages.
One Russian linked previously with Arsenal is Vladimir Potanin, 42, worth more than £2billion. He is a Gunners fan who has flown to Britain in his private jet several times to watch Arsenal and was linked with making an investment in the club several years ago.