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Danny Fiszman PDF Print E-mail
Written by Kellys Eye   
Monday, 11 January 2010 07:51

Danny Fiszman

 

 

 

 

 

 

 

Arsenal director Danny Fiszman is fighting serious illness at a time when the ownership of the Premier League club is in a state of upheaval.

Diamond business multi-millionaire Fiszman, who lives in tax exile near Geneva in Switzerland, is responding well to treatment and specialists are confidentof a full recovery.

The medical condition is not affecting Fiszman's Arsenal duties and he was at the Emirates Stadium for Saturday's 2-2 draw with
Everton. Such is the sensitivity surrounding the on-going power battle that the health of Fiszman, 65, the pivotal figure behind the scenes, will be of great concern to Arsenal fans.

Fiszman, who owns 16.1 per cent of the club, is currently in a controlling alliance with American Stan Kroenke, who has taken his shareholding to 29.99 per cent - 17 shares short of the 30 per cent threshold of a full takeover.However, Russian rival Alisher Usmanov, who has a 26 per cent stake, continues to pick up available shares, the latest costing him £9,500 each.



Fiszman, who sold an eight per cent block of shares to Kroenke but has no intention of selling any more, has emerged as the all powerful presence on the Arsenal board, despite his image as a private man who shuns publicity. A ruthless operator, Fiszman was mainly responsible for vice-chairman David Dein, managing-director Keith Edelman and board member Lady Nina Bracewell-Smith being ousted.

Fiszman's partnership with Kroenke - ironically both were introduced to the club by Dein - means Usmanov can be blocked from having the influence at Arsenal, including a seat on the board that his shareholding warrants.

The last Fiszman Q and A interview was 30 March 2009.

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Last Updated on Friday, 15 January 2010 20:49
 

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