usmanov ups arsenal stake to over 29%

The Russian billionaire is looking to increase his influence at Arsenal in the face of a takeover by rival investor Stan Kroenke.

Usmanov's Red & White vehicle, which he jointly owns along with business associate Farhad Moshiri, revealed it had raised its holding to more than 29 per cent.

Kroenke agreed a deal with Arsenal's main shareholders in April and executive management to take over the club and acquire a majority shareholding in Arsenal.

He now controls 67 per cent of the shares in the Gunners.

so we could be taken over the yank and him all in the space of 2 months

source: http://www.skysports.com/story/0,19528,11661_6998258,00.html