The most recent news coming from the Arsenal boardroom is that there are a few changes underway.
Lady Nina, who owns 15.9% of the club is leaving the Board, and the club, after a family association of over 50 years. She is now free from the lockdown agreement which the Board members entered into, and is free to sell her shares in the club.
As the third largest shareholder this is worrying, and it seems likely that she will sell, although whether to Board members, or to Red & White Holdings remains to be seen.
As well as Lady Nina leaving, Richard Carr who owns 4.4% will step down from Director, a position he has held for 27 years.
This is all part of the long term changes which began when Dein left the club, and new holders like Usmanov and Kronke have come in. It is not known the terms on which Lady Nina left but there are hints that there is some unrest at Board level.
As ever Hill-Wood wants to keep us stable and self-sufficient. It remains to be seen if this is possible.
Who owns Arsenal:
Directors’ collective shareholding 41.8%
Daniel Fiszman 24.1%
Lady Nina Bracewell-Smith 15.9%
Richard Carr 4.4%
Peter Hill-Wood (chairman) 0.8%
Lord Harris of Peckham 0.09%
Ken Friar 0.07%
Sir Chips Keswick 0.06%
Keith Edelman 0.04%
Others: Red & White Holdings 24%; Stan Kroenke 12.4%
Remaining shares: approximately 1,200 minor shareholders.
Table edited from the Telegraph
Gunnerblog has views and excerpts from Wenger’s recent webchat with fans here.
Also on Sunday against Liverpool wear Yellow! We want to commemorate the title winning season at Anfield 20 years ago, and REDaction has come up with this idea. Newsletters were passed out at the Wigan game, and Arsenal.com has endorsed it too, so it would be great to see a yellow stadium on Sunday.