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Usmanov slams Arsenal board

sports Updated: Jun 13, 2011 00:25 IST

Agencies
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Uzbek billionaire Alisher Usmanov has slammed the Arsenal board for the Premier League club's failure to win a major trophy in any of the past six seasons.

Usmanov, 57, who is not a Gunners director despite owning 30 percent of the club's parent company, said too many board members were blinded by their own self-interest and said he did not wish to serve on such a board.

"If the role of a board member is to oversee a trophyless period, while making significant personal profits and asking fans to pay inflation-busting ticket price increases then, no, I would not want to be on the board," Usmanov said.

"In terms of doing things differently, let me give you a very clear example. Arsenal has all of its major commercial contracts coming up for renewal in the next couple of years. To maximise the value of those you want to be winning trophies. To do that you need to invest now in building a winning team."

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