PracticeConsultingBDO to advise billionaire on Arsenal play

BDO to advise billionaire on Arsenal play

Firm called in by second-biggest shareholder

Arsenal's Emirates Stadium

Mid-tier firm BDO Stoy Hayward has been
asked by Alisher
Usmanov
, the Russian billionaire, to advise him on his stake in Arsenal
Football Club, the Daily Telegraph reported.

Usmanov currently has a 14.58% shareholding in Arsenal through his investment
vehicle, Red and White Holdings.

He is the second-biggest shareholder in the London club after splashing out
£75m to buy the shareholding of
David Dein, the former
Arsenal vice-chairman, who was ousted in a boardroom power struggle earlier this
year.

Further reading:

BDO still sweating on the outcome of US fraud appeal

BDO warns on ‘superwoman’ fund

BDO says US firm ‘can still handle work’

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