Sunday, 10 April 2011

David Dein likely to return to Arsenal board in Stan Kroenke takeover

David Dein is likely to return to the Arsenal board if as expected Stan Kroenke takes control of the club.

This evening news broke that Stan Kroenke has reached an agreement with third biggest shareholder Danny Fiszman and fourth largest stakeholder Lady Nina Bracewell Smith for the purchase of their shares which will be announced to the Plus Market stock exchange in the morning.

It is my understanding that Stan Kroenke will ask David Dein to return to the club as part of the board as part of his deal.

The former Arsenal vice chairman has been in exile following his decision to sell his shares to Alisher Usmanov's Red and White holding for £75 million in August 2007.

He was removed from his boardroom position April 2007. Dein introduced Kroenke to Arsenal and the pair have kept in contact.

With Kroenke having many interests in the United States, he would need a man in London to oversea the day to day operation of Arsenal and Dein is seen as that man.

If Dein does indeed join the board, he will take a seat alongside present members Ken Friar, Richard Carr, Sir Chips Keswick, Lord Harris of Peckham, Stan Kroenke and chief executive Ivan Gazidis.

Dein could also at to unify the board, if Kroenke decides to offer Uzbek billionaire Usmanov a seat, having introduced both men to the club.

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