The More Money We Come Across The More Problems We See

Last updated : 31 August 2007 By editor

F1 mogul Bernie Ecclestone will today assume control of QPR, meanwhile the Times reports on an upcoming power battle at Arsenal - 'David Dein last night paved the way for a hostile takeover of Arsenal by selling his shares to a new investment company, of which he has been made chairman, and declaring his intention to play an active role in shaping the club's future. The former Arsenal vice-chairman received £75 million for his 14.58 per cent shareholding from Red and White Holdings Ltd, owned by the businessmen Alisher Usmanov and Farhad Moshiri, but the sale seems certain to be only the first move in a battle for control of the club.'