It emerged on Tuesday that Arsenal owner Stan Kroenke was responsible for buying 22 more shares in the club despite already owning a controlling stake.
Kroenke was prepared to pay £28,000 each for the shares, a record-equalling price despite the purchase having no effect on his ownership.
But what it does is show the only other major shareholder, Alisher Usmanov, who has been consistently refused a seat on the board, that Kroenke remains keen on buying him out and would pay the premium £28,000 per share to do so.
It was reported that Kroenke tried to buy Usmanov’s 30.