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Usmanov makes new approach for Arsenal takeover

Alisher Usmanov continues to be linked with an Arsenal takeover.

The Sunday Mirror says Usmanov is attempting to convince Lady Nina Bracewell-Smith to sell her 15 per cent stake in Arsenal to boost his takeover of the club.

The Russian billionaire believes his considerable wealth will bring stability to the club and provide Arsene Wenger with valuable transfer funds.

Usmanov is currently the biggest shareholder in Arsenal with 24.9 per cent and he is gaining support from some fans who believe his money will enable the club to compete with Manchester United and Chelsea.

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