By Ian Grant
Arsenal shares rise 29%
Arsenal shares rose 29% yesterday – up £500 to £2200 on news of the creation of the holding company to deal with stadium financing.
It runs counter to the current trend of football shares. The Times recommended a big SELL for the sector yesterday.
Shareholders will vote on the plans on 7 September.
ANR understands the stadium will cost £125m and the relocation of the waste station will take a big percentage of the remainder.
Arsenal accuse Man U of illegal approach
UK newspapers quoted Wenger as saying:”Manchester United had contact with Patrick without informing us and it’s not really in accordance with the rules.”
Arsenal’s vice-chairman David Dein made it clear a fortnight ago that the club would investigate the roles played by certain clubs and individuals in the events which led to Vieira saying he wanted a transfer. “We intend to get to the bottom of that,” he said.
Vieira
Wenger said on Vieira, who returend to training yesterday:”Frankly it is not settled yet because I have to sit down with him and see where we stand. My desire is to keep him and make him the basis of the team, but a lot has been said he did not say; I still believe deeply that within himself he is committed to the club.”
Asrenal are believed to have offered him an increase of £55,000/week.
Gilles Grimandi said. “There is no problem in the Arsenal group with Patrick, everything was the same. We were obviously aware that there’s a lot of interest but it was just business as usual. No one has a problem with him and we were all pleased to see him.”
Kanooooo
Arsenal said there has been no bid for Kanu from Olympiakos.