Arsenal News, Russian billionaire takeover, double done deal close, huge Man Utd boost

Russian billionaire Alisher Usmanov has increased his influence at Arsenal by purchasing over 18,000 shares, equating to just over 30 per cent of the club.

"I am committed to Arsenal and I will proudly retain my holding as a long-term investment and my family to enjoy and benefit for generations to come," he said.

"I want the absolute best for Arsenal and am prepared to do whatever is necessary to ensure the success of the club."