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| Usmanov |
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| Kroenke |
A consortium from the Middle East has launched the biggest ever takeover bid for a football club with an offer of £1.5bn for Premier League side Arsenal.
The group, made up of investors from Qatar and the United Arab Emirates, hope to tempt American owner Stan Kroenke with the world record sum, reports the Sunday Telegraph.
The mystery consortium members, who are apparently being backed by funds from Qatar and the United Arab Emirates, are to bid for every share in the club and have promised the money will be invested in the faltering team, who face a battle to qualify for next season's lucrative Champions League competition.
