Recent reports claimed that Usmanov was in negotiations to sell his 30% share of the club, but the 64-year-old has said that he is assuring supporters that he remains committed to the Premier League outfit.
A statement read: "In recent days there has been speculation relating to a possible offer for my 30% stake in Arsenal. As part of that I can understand the anxiety that these rumours are causing to the fans as reflected by the Arsenal Supporters Trust. In light of this, I would like to be clear that I am not holding any talks with Mr Kroenke about a sale.
"My interest in Arsenal from the beginning was long term and my intention has always been to buy additional shares should they become available. This I did with the purchase of the stake of my business partner Farhad Moshiri with which I increased my shareholding from 13% to 30%, and also with my proposed offer for the stake of the majority shareholder which valued the Club at some £2bn. That offer remains valid today.
"I have always been and will continue to be an ardent supporter of Arsenal and I see my 30% stake as an important aspect in protecting the best interests of the fans in the club. It has been well documented that I have no say in the running of the club, that my views differ from those of the majority shareholder and that I would take a different approach to delivering footballing success.
"I would like to assure supporters that I am open to various future scenarios – a constructive partnership with the majority shareholder, the purchase of his stake either alone or in a consortium, or if a party appears who shares my and undoubtedly the majority of fans' visions for the club, I could consider the question of selling my stake."
Kroenke played a key role in handing manager Arsene Wenger a new contract during the summer.
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