Middle Eastern Group's £1.5 Billion Bid For Arsenal?

[The GFP]

This news is in many online newspapers ...

The Telegraph : http://www.telegraph.co.uk/sport/footba ... weeks.html (This is the best read)

Daily Mail : http://www.dailymail.co.uk/sport/footba ... rtium.html

The Sun : http://www.thesun.co.uk/sol/homepage/sp ... N-bid.html

Seems the story has quite a few 'facts' from the above links

Its from a Qatar & United Arab Emirates investment group
Its a cash deal
They have been in talks for the last 4 months
They are offering £20,000 per share (There are 62,217 shares worth roughtly £16,250 each, Stan has 66% & Usmanov has 29%)
Stan would get £830million which is a £350m profit
They plan to clear the clubs £250m debts
The previous biggest club sale was when the Glazers paid £800million for Manc Utd
There would be a pledge to reduce ticket prices at Cashburton
There would be a substantial transfer fund kitty to transform the club into a major force in European (Again?)
Similar deals have been done with Manchester City, Paris St-Germain and to a lesser degree Malaga

[The GFP]

Just read this superb article which goes into more detail about the story - http://angryofislington.com/2013/03/02/ ... s-it-make/

Follow him on twitter as his work is fantastic

[JackNev13]

What's happens to all this then ? Seems to have fizzed away and people have forgotten , has any any thing new come out on on this ? Was it even real ?