Arsenal Director Danny Fiszman Dies At 66 – Three days after the director and Shareholder Danny Fiszman agreed to sell his stake in the Premier League club to Stan Kroenke, Arsenal announced his death.
Fiszman died at the age of 66 after a long battle with throat cancer. The Arsenal director died at his home in Switzerland.
Some believed that his decline in health was the main reason for his decision to sell his 16.11% stake of the club to the American billionaire Stan Kroenke. The American businessman purchased the club at $1.2 billion.
Arsenal are the third most successful club in English top-flight history. Kroenke’s potential purchase of the team currently second in the EPL will take the number of foreign-owned clubs in the 20-team league to 10.
In 1992, Fiszman joined the Arsenal board. In 2008, he was ranked as the 348th richest person in Britian by the renowned Sunday Times Rich List, prior to his move to Switzerland. He is known to made his wealth in the diamond industry.
In a statement on Arsenal’s official website, Chairman Peter Hill-Wood said: Danny Fiszman was a visionary director, a gentleman and a true Arsenal fan.
“”We are all deeply saddened by the loss of our dear friend Danny. His voice, wisdom and presence around the football club he so dearly loved will be sorely missed.
“Arsenal Football Club will forever be indebted to Danny for his invaluable foresight and contribution during the move from Highbury to our new stadium.
