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Russia's Alisher Usmanov Says Arsenal Is Good Investment, Not Selling His Shares

Russian billionaire Alisher Usmanov said that he "plans to retain" his almost 30% stake in EPL Arsenal because "it’s a good investment," according to Fedorinova, Chilcote & Khrennikov of BLOOMBERG. Usmanov said, "Why do I need to change my status, which gives me major benefits, from the investment side and my enjoyment of the club. I enjoy the games." American Stan Kroenke, who took control of the north London club in '11, "has not put Usmanov nor his business partner Farhad Moshiri, the club’s second biggest investors, on the board." Usmanov has "criticized Kroenke for not spending money on players and said he wouldn’t dictate strategy at Arsenal should be be able to take control." Usmanov said, "I can’t dictate," even "if I had the possibility, it’s not my style" (BLOOMBERG, 6/20).

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

Big Get Jay Wright, March Madness is upon us and ESPN locks up CFP

On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

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