CONFIRMED: Arsenal boast greater spending power than Chelsea

Published on: 22 March 2017

Chelsea's spending power pales in comparison with Arsenal, according to the club's major shareholders.

Forbes reveal Arsenal's two largest shareholders combined worth is double that of Chelsea owner Roman Abramovich.

The American business magazine's latest survey on the world's billionaires showed that minority shareholder Alisher Usmanov, who owns just over 30 per cent of Arsenal, increased his wealth by nearly $3billion to $15.2bn in the last year, his net worth having slipped from an $18.6bn peak in March 2014.

Forbes rank Usmanov the 66th richest individual in the world and the fifth richest in Russia.

With majority shareholder Stan Kroenke's wealth remaining steady at $7.5bn the combined worth of Arsenal's two most significant owners is over double that of Chelsea owner Roman Abramovich ($9.1bn), whose arrival in English football in 2003 revolutionised the game.

Source: tribalfootball.com

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