While the renewal has been talked about for months even before Yonghong Li's
takeover of the club in May, it looks as though real progress is now being made as the report suggests that he will sign a new deal this week which will see him earn $ 3m - a-year plus bonuses, and the new contract will run until 2022.
Following a successful appeal against the Football League's ruling of failing their Owners and Directors test, Cellino completed
his takeover of the club in April 2014 as Eleonora Sport Limited purchased 75 per cent of the club's shares.
He started his career in accountancy and made a name for himself at J.P. Morgan, where he advised the Glazers during
their takeover of the club in 2005, leading the family to recruit his services in a financial planning role.
After a prolonged and confusing process that began with a strange $ 100 million deposit last June and has been characterized by a constantly changing cast of backers, Chinese businessman Li Yonghong completed
his takeover of the club in May.
Not exact matches
Usmanov has been very critical
of Kroenke
in the past and today it is being reported that the Russian has again made another official offer to the Chief regarding a
takeover bid for the
club.
It was rumoured earlier
in the week that Usmanov had made a # 1 billion bid for Kroenke's shares,
in an attempt to make a
takeover bid
of the
club.
Ibrahimovic holds Milan, both the
club and city, close to his heart, and with the Rossoneri
in the midst
of takeover talks and more than willing to bring the Swede back, a return to Serie A looks a real possibility.
Saudi business tycoon Ali Al Faraj has completed his
takeover of Portsmouth, acquiring a 90 % stake
in the
club.
His death comes just three days after he sold his stake
in the
club to American businessman Stan Kroenke as part
of the deal which triggered a full
takeover of the Gunners.
However, with Milan
in on - going negotiations over a
takeover from a wealthy Chinese consortium, they are seemingly ready to make an impression
in this summer's transfer market and could beat a number
of clubs including the likes
of Fiorentina and Inter to Pjaca's signing.
The recently deceased Stan Kroenke, whose passing was greeted with mixed emotions among the
club's fans after his 100 % share
takeover in 2022, still taunts supporters from his grave, he bequeathed the whole
club to his son Joshua, who promised Silent Stan on his deathbed to «carry on the traditional values
of Arsenal» for the next 50 years.
Much has been made
of Sven Goran Eriksson's arrival at the world's oldest professional
club; however there are no complaints being made by the Notts County fans that must be
in dreamland since their
takeover in mid July.
Kroenke's move to
takeover the
club amidst all this uncertainty may well be due to his intention to spend big
in the coming years
in the transfer market,
in order to secure the future
of the
club, and to assure himself
of all the rewards
of such a splurge.
AC Milan will see the
takeover of the
club completed later this week, and so speculation is undoubtedly set to ramp up
in the coming weeks.
AC Milan expect a
takeover of the
club to be completed next month, and it's reported that they have some big - name targets
in mind with their new wealth.
Until the fans forcefully take the
club back, the usual continues: Arsene's legacy
of loving failure and excuses, arsenal being brilliant for some weeks and losing decisive games at crucial time, a good run at fa cup, injuries more than any other top
club, AKBs declaring total support for brilliant Wenger, the American animal torturer giving prof contract extension, Usmanov making weak attempts at
takeover, Dangote forever promising to buy us out; and
in that time, all the major
clubs each clinch a prem title again, even spud having a taste, while for almost two decades we have been dreaming under Arsene's sedatives!
The Rossoneri expect a Chinese consortium to complete a
takeover of the
club by the end
of the year, and
in turn they will hope to have significant transfer funds at their disposal
in the windows ahead.
so the
club is run evenly by three share holders
in stead
of just the 2 then if he wants to try and influence the
club direction from the boardroom he can, but a full
takeover will never happen the board wont allow it they will want stability atm as the
club is moving forward
in the right direction as is.
Further,
in order to satisfy his agent Mino Raiola who has raised his concerns about the lack
of clarity over what Milan will be following Yonghong Li's
takeover of the
club last month, the Italian giants are ready to prove their plans with key signings this summer to significantly strengthen the squad.
AC Milan are expected to see the
takeover of the
club completed next month, and
in turn that has led to speculation linking them with big moves this summer.
Further, the report goes on to add that Silvio Berlusconi will sell 99.9 percent
of the shares
in the
club to the Sino - Europe Sports group and will hand over full control next month, finally ending the saga that has been the
takeover of the Rossoneri.
The Italian giants will see Sino - Europe Sports complete their
takeover of the
club next week, and with their new Chinese owners at the helm, it's expected that there will be significant money to spend
in the summer.
It may well be part
of Milan's grander plan to now build a better squad, with Montella hoping to bring
in significant reinforcements this summer following Yonghong Li's
takeover of the
club.
It is perhaps unfair to label Manchester City as a
club in the wilderness prior to the
takeover of Sheikh Mansour
in 2008, but the billionaire has definitely changed the fortunes
of the Citizens for years to come.
The news was accompanied by the announcement
of Switzerland's Turicum Bank as the
club's main sponsor, while reports
in the local media said the
takeover deal could involve funding...
Dangote, 67th on Forbes rich list, failed
in a bid to acquire a stake
in the
club in 2010, but is confident
of completing a
takeover this time around
I am a rich oil tycoon from Kazakstan, seeing the turmoil
in the Arsenal board I have decided to mount a
takeover bid, when appointed, I will sack Arsene Wenger who
in turn will be replace by Billy Davies, who I think with the right
club has the potential to be huge, we have drawn up a shortlist and have decided to purchase Turnble
of Boro to replace Almunia, Bramble to replace Toure, Paul Scharner will replace Fabregas and Dean Windass for 25m to replace Adebayor these signing will be funded by the sales
of Fabregas, Ade, RVP, Kolo Toure and the new captain will be Sendros!!!
Due to his ill - health, he left the running
of the
club to two
of his sons, Avram and Joel, who've been at the top
of the hierarchy for much
of the past decade now, and were greeted with a vehement group
of opposing fans on their first visit to Old Trafford following their father's
takeover, leading them to be escorted through the protest
in the back
of a van.
What is involved
in completing the
takeover of a football
club?
Those who have been following the Arsenal
takeover situation carefully will know that Fiszman's deteriorating physical condition was the major reason behind Stan Kroenke's acquisition
of the former director's stake
in the
club.
«I think the
takeover of Southampton Football
Club, I say
takeover, but the investment
in Southampton Football
Club had a negative effect from Van Dijk's point
of view.
In 2010 he was involved in talks regarding a potential takeover of West Ham, at which stage it looked as if he was going to acquire a 51 per cent stake in the club from the Icelandic
In 2010 he was involved
in talks regarding a potential takeover of West Ham, at which stage it looked as if he was going to acquire a 51 per cent stake in the club from the Icelandic
in talks regarding a potential
takeover of West Ham, at which stage it looked as if he was going to acquire a 51 per cent stake
in the club from the Icelandic
in the
club from the Icelandics.
December 20 — A second - tier unheralded
club in the industrial north
of England with a relatively small but loyal and passionate fan base surrounded by larger rivals may not seem the most obvious target for a foreign
takeover.
Rolling Meadows — Park District commissioners Tuesday night got their first glance at an appraisal
of the costs
of repairs involved
in the potential
takeover of the Plum Grove
Club.
Following this week's Republican
takeover of the state Senate, several Queens elected officials and political figures gathered at the Guy R. Brewer Democratic
Club in St. Albans Tuesday night to show their support for state Senator Malcolm Smith (D - St.
Thanks to Bioware, Bossa Studios, Capcom, Dinosaur Polo
Club, EA UK, Google, Greater than Games, Henchman and Goon, Nyamyam, Riot Games, Snowman and UsTwo Games for hosting such informative and inspiring Twitter
takeovers, highlighting personal accounts
of women
in the industry.
In 2003 Watson announced that he was openly «advocating the
takeover of the Sierra
Club,» claiming to be just three votes shy
of controlling a majority
of the group's 15 - member board.
Acting for the liquidators
of the Rangers football
club, bringing substantial fraud claims against individuals involved
in the
takeover of the
club.