• Alisher Usmanov allocates $ 100 million to Uzbek football club Pakhtakor

    Alisher Usmanov allocates $ 100 million to Uzbek football club Pakhtakor

    Businessman Alisher Usmanov has joined the Tashkent football club Pakhtakor, Interfax reports citing a documentary by Uzbekistan 24 TV channel. Pakhtakor is one of the most famous and oldest football clubs in Uzbekistan, founded in 1956. A representative of the businessman confirmed this information. “Usmanov is not buying the Pakhtakor club, he is providing financial assistance to the company that owns the club in the amount of $ 100 million,” he said, but did not name the company that will receive the money, and declined to comment. According to Uzbekistan 24 TV channel, the businessman has invested only $ 20

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  • Uralkali fails to buy Formula 1 team

    Uralkali fails to buy Formula 1 team

    One of the world’s largest producers of potassium – “Uralkali” – tried to buy the team “Formula 1” “Force India Formula One” (“Force India”), according to the Russian company. “Force India” – a strong middle of the royal race: in the 2017/18 season, its drivers Sergio Perez and Esteban Window scored 187 points, allowing “Force India” to take 4th place in the Constructors’ Cup, and Perez himself for the second year in a row took 7- e place of 25. In 2007, the team was bought for $ 123 million by a consortium of Orange India Holdings, co-owned by Bloomberg

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  • Usmanov’s profit from the sale of Arsenal shares could exceed 250 million pounds

    Usmanov’s profit from the sale of Arsenal shares could exceed 250 million pounds

    Kroenke Sports & Entertainment Inc. (KSE) American billionaire Stan Kronke buys 30.05% of London football club Arsenal from Russian businessman Alisher Usmanov. This became known from the report of the American corporation. Usmanov confirmed the deal through a representative. KSE is wholly owned by Kronke, and after the deal it will increase its stake in Arsenal from 67.09 to 97.14% stake. KSE aims to become the sole owner of 100% of the shares, quoted in a statement Kronke: the businessman intends to receive and the remaining shares of independent shareholders. Arsenal Football Club was founded in 1886, it is one

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  • Usmanov agreed to sell his stake in Arsenal to the main owner of the football club

    Usmanov agreed to sell his stake in Arsenal to the main owner of the football club

    American businessman Stan Kronke, who owns 67% of the English football club Arsenal, will buy 30% of the club from Russian businessman Alisher Usmanov. This is stated in the message of the company KSE, through which Kronke manages the club. “I have decided to sell my shares in Arsenal football club, which may be the best football club in the world. I wish great success to the great football club and everyone whose life and career are connected with it, “Usmanov said (his words were told to Vedomosti by a representative of the businessman). The message clarifies that the American

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