Arsenal have been valued at an amazing £2 BILLION after the latest exchange of shares. The Daily Mail says 40 shares in the club have each been traded over the past week for a remarkable record-breaking £17,000, valuing the Gunners at £2billion. The buyer remains unknown.

American owner Stan Kroenke would have had to declare the purchase, while Russian billionaire Alisher Usmanov's advisers deny he has added to his 29.9 per cent holding, believing a speculator has bought and sold 20 shares.