Money Matter$

Arsenal owner increases his share in Facebook

Spurs fans have a good reason to boycott social networking site

Alisher Usmanov

In addition to owning nearly 30 per cent of Arsenal football club, lovable Russian oligarch Alisher Usmanov owns a chunk of Facebook. Digital Sky Technologies (DST) – a company in which the rotund ex-con* has a 32 per cent share – have already invested $200m into the popular social networking site, and are looking to strengthen their grip:

[A further investment] will give DST 1.54 percent more of Facebook, for a total of 3.5 percent of the company. That makes DST-based in London and Moscow-one of the bigger Facebook investors, with a stake larger than one owned by Microsoft (MSFT).

Tottenham fans who like to spend half their day updating banal statuses and stalking ex girlfriends should bear this in mind: each time you log on to Facebook, you are helping to line the pockets of the man who owns your biggest rivals.

*Usmanov has been known to crush websites that make reference to his incredibly shady past, so you’ll have to do your own research on that one.


4 responses so far
  • mjc // July 14, 2009 at 10:43 am

    So are we not allowed to mention that he’s a convicted fraudster?

  • Ryan Bailey // July 14, 2009 at 10:52 am

    Shhhh!

  • mjc // July 14, 2009 at 11:16 am

    Sorry! Glad I didn’t mention that rape allegation….

  • N4Nomad // July 14, 2009 at 12:12 pm

    How does a 30% stake make him the “man who owns your biggest rivals”?

    Do you struggle with arithmetic?

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