The Arsenal Supporters' Trust will continue to oppose any moves to take the club into single ownership and urge Alisher Usmanov not to sell his 30 per cent stake to majority shareholder Stan Kroenke.
Reports suggest Kroenke Sports Enterprise UK are set to offer some £525million to buy the 18,695 shares held by Usmanov's Red and White Securities Limited.
While Usmanov has always stated he would not be willing to part with his stake in the Premier League club, the second largest individual shareholder has not been given a seat on the board and it appears unlikely that situation will change.