Media: Kronke refused to sell to Usmanov stake in Arsenal

© AP Photo / Frank AugsteinИгроки of Arsenal during the match of English Premier League. Archival photoMedia: Kronke refused to sell to Usmanov stake in Arsenal© AP Photo / Frank Augstein

Billionaire Stan Kronke, which owns 67% of shares of football club «Arsenal» refused to sell to Alisher Usmanov, reports the Mirror.

According to the publication, Kroncke said Russian businessman that does not intend to get rid of the club. Representatives of Usmanov, in turn, refused to comment on these reports, the publication adds.

Media previously called the amount of the transaction to $ 1.3 billion.

Alisher Usmanov owns 30% shares of Arsenal.

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