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Arsenal resists Russian money

Published: 25 September, 2007, 10:51

Arsenal FC soccer club badge, Emirates Stadium, North London, England

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The bosses of Arsenal Football Club in England have hinted they don't need further outside investment from the likes of its Russian billionaire shareholder Alisher Usamanov. He recently increased his stake in the London club to 21 per cent and says he wa

Arsenal have become the richest club in the English premiership since moving to their Emirates stadium, with an annual turnouver of more than £ 200 MLN

The Gunners' managing director Keith Edelman says he does not believe the club needs more cash.

Asrene Wenger is believed to have a £ 70 MLN kitty to spend on new players.

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