Arsenal shareholders took issue Thursday with American owner Stan Kroenke's player trades.
Russian businessman Alisher Usmanov has signaled his ongoing interest in Arsenal, spending $1.5 million on new shares despite Stan Kroenke's takeover.
Arsenal has received approval from the Premier League for American Stan Kroenke to take control of the club.
American sports tycoon Stan Kroenke has reiterated that he does not intend to borrow money against Arsenal to fund his proposed purchase of the remaining shares in the Premier League club.
Russian investor Alisher Usmanov has spent more than $115,000 to increase his holding in Arsenal despite Stan Kroenke reaching agreements to acquire a controlling stake in the English Premier League club.
American businessman Stan Kroenke has agreed to a full takeover of Arsenal that values the Premier League club at $1.2 billion and should end the long-running uncertainty about its ownership.
Arsenal endorsed a plan that allows fans to buy small stakes in the Premier League club and help resist any takeover bid by rival American and Russian shareholders.
Arsenal's biggest shareholder vowed Sunday to fight off any takeover bid by American businessman Stan Kroenke.
Stan Kroenke, who has ownership stakes in four U.S. pro sports teams, is to meet with Arsenal's chairman amid increasing speculation of a takeover of the famed English soccer club.
Colorado real estate developer Stan Kroenke bought a 9.99 percent stake in London's Arsenal soccer team from the British television network ITV.
London's Arsenal soccer club extended its influence into the United States on Friday when it entered a partnership with Kroenke Sports Enterprises.
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