Britains richest man and Arsenal shareholder Alisher Usmanov has defended the foreign ownership of Premier League clubs, saying it is good for the English game. The Russian billionaire, who has a fortune of more than £13bn, has spent more than £200m over the last six years building a 30% stake in the Gunners, and said the growing influence of overseas shareholders was not stripping the sport of its identity in England. Im sure it is good [for English football]. When investors come and invest in the economy, in British football, it is big part of the entertainment economy in the United Kingdom. Whats bad? he told BBC sports editor David Bond.
Posted on: Fri, 29 Nov 2013 17:29:22 +0000
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