Arsenal deny takeover rumours

Arsenal manager Arsene Wenger shows his dejection during the FA Cup fifth-round match against Blackburn Rovers at The Emirates Stadium. Photograph: Daniel Hambury/PA

Arsenal manager Arsene Wenger shows his dejection during the FA Cup fifth-round match against Blackburn Rovers at The Emirates Stadium. Photograph: Daniel Hambury/PA

Fri, Mar 8, 2013, 00:00

Soccer:Arsenal chairman Peter Hill-Wood has denied any knowledge of a takeover of the Barclays Premier League club by interests in the Middle East.

American Stan Kroenke and Russian Alisher Usmanov are the major shareholders in the Gunners and Hill-Wood does not expect either to be keen to sell their stake. Asked about a possible £1.5billion takeover, Hill-Wood admitted: “I have heard nothing and I don’t think anybody knows anything about it at the club.

“It all seems a bit of a waste of time. If there is this consortium, they can’t make any progress unless they attempt to get in touch. So I can’t say if there is anything to it or not. But even if they did make an approach, my understanding is our two major shareholders do not want to sell.”

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