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    BDO to advise billionaire on Arsenal play

    BDO to advise billionaire on Arsenal play

    Firm called in by second-biggest shareholder

    Author Date published September 2, 2007 Categories
    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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