Arsenal Chairman to meet Russian billionaire

Arsenal Chairman Peter Hill-Wood has claimed that "the major shareholders have no intention of selling and wouldn't welcome an offer." However, he has publicly stated that he is going to meet Russian billionaire Alisher Usmanov, who has reportedly been contemplating an Arsenal takeover move.

Usmanov, who recently bought David Dein's 14.58% share in Arsenal, seems to be interested in taking over Arsenal, despite the fact that the club's Board of Directors (which controls 45% of the Arsenal's shares) has stated its unwillingness to sell.

Hill-Wood explained why he would be meeting with Usmanov saying, "We will have a dialogue with any principal or major shareholder. If they've got some sensible proposals we'll listen to them." Disregarding the possibility of a takeover, I'm not quite sure what type of proposals these would be.

However, I think that in the unlikely case of a foreign takeover of Arsenal, we would benefit greatly. Manchester United, Liverpool, and Chelsea have all benefited from overseas money, and I think that Arsenal could do the same. While we have a lot of promise this season, if we were to add a few experienced world-class players to our squad we could become the best team in the world.