Alisher Usmanov has reportedly made a $1.3 billion (£1 billion) offer to Stan Kroenke for a controlling stake in Arsenal.
According to the Financial Times (h/t Hamish Mackay of the Daily Mirror), the offer was made by Usmanov— who has a 30 per cent stake in the club—last month.
It’s suggested by Mackay that Kroenke, who owns 67 per cent of the Gunners through his company Kroenke Sports & Entertainment, "is yet to respond to the offer, though it is understood he has no interest in selling.