Share

Usmanov would consider Everton investment

Cape Town - Alisher Usmanov has suggested that he would be willing to invest in Everton after striking an agreement to sell his 30 percent stake in Arsenal to Stan Kroenke.

Usmanov's USM Holdings sponsor the club's training ground, Finch Farm, and he is a friend and business partner of Toffees part-owner Farhad Moshiri.

"Should there be a proposal or a possibility to invest in them with good potential returns, I would consider the deal," the Russian told Bloomberg.

"We are friends with Farhad Moshiri. If he needs the support, I am happy to help."

Usmanov bought his stake in the Gunners from David Dein in 2007. Since then, the value of the north London outfit has more than quadrupled.

"When I bought the stake in Arsenal, I believed that football brands would be able to generate profit. This is happening now," he said.

The deal Kroenke struck with Usmanov for his Arsenal stake was a major step in the American's plan to take full control of the club.

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Voting Booth
Should Siya Kolisi keep the captaincy as the Springboks build towards their World Cup title defence in 2027?
Please select an option Oops! Something went wrong, please try again later.
Results
Yes! Siya will only be 36 at the next World Cup. He can make it!
26% - 1273 votes
No! I think the smart thing to do is start again with a younger skipper ...
29% - 1470 votes
I'd keep Siya captain for now, but look to have someone else for 2027.
45% - 2249 votes
Vote
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE