The Esk
Player Valuation: £70m
Why would Usmanov stay at Arsenal?, you ain't a numpty, far from it, he'll go to his grave holding 30% of nothing if he isn't involved in his dream with Moshiri to own a Prem club.
Because (i) he personally (not just alongside Moshiri in that letter) has committed to leaving his holdings to his family and generations to come (ii) he has said on numerous occasions Arsenal is "his" club (as a supporter) and (iii) perhaps most importantly there's an old investment adage that says "the money from the impatient ends up in the pocket of the patient". That's almost always true, there are times when you just have to play the waiting game and not chase the next "deal". You may then ask why hasn't Moshiri done similar? Well because I put it to you that (i) Moshiri wants to achieve something on his own account other than in partnership with Usmanov, and (ii) as I've said on numerous occasions from a portfolio management point of view they're both increasing their exposure to the PL at a time when revenues are going to soar. That seems a sensible investment decision, regardless of the emotional investment in owning/part-owning a football club.