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    Kroenke increases Arsenal stake again

    By Soccernet Staff

    Friday, July 10, 2009

    Arsenal's largest shareholder, Stan Kroenke, has again increased his stake in Arsenal. The Gunners confirmed Kroenke, who joined the board last year, has paid £1.5million for 1,600 share and now owns 28.58 per cent of the club. He has now leapfrogged Russian billionaire Alisher Usmanov, who owns around 25 per cent. The American businessman's shareholding is now close to the 30 percent threshold that would force him to make an automatic offer for the remaining shares, although he has previou ...

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