Danny Fiszman's sale of shares to Stan Kroenke is being viewed as a major power play at Arsenal.

The share trade alone is understood to have rattled Arsenal's majority shareholder, the predatory Russian billionaire, Alisher Usmanov, who with a business partner owns 25 per cent of the club through his investment vehicle, Red & White Holdings.

An Arsenal insider with first-hand knowledge of the latest Kroenke-Fiszman deal told the Independent: "This is a major play en route to a scenario where Stan is the major shareholder in an Arsenal regime run by a Kroenke-Fiszman partnership."