Danny Fiszman
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Daniel David Fiszman (born 1945 in London) is a diamond dealer, and a director of Arsenal Football Club.
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[edit] Biography
Fiszman is the son of a Belgian Jewish couple who fled the Nazis during World War II. He made his fortune in diamonds. He owned the Star Diamonds Group [5] based in London which was worth about £80m, mainly trading in rough diamonds.[1] Star Diamonds Group also owns 16% in Abbeycrest, whose major clients including Argos and Asda.
Other shareholdings take his total worth of around £236m. He is ranked 348th on the Sunday Times Rich List [2] (351st in 2007, 273rd in 2006, 305th in 2005 and 207th in 2004).
[edit] Arsenal Football Club
Fiszman is also non-executive director and second largest shareholder in Arsenal Football Club. He owns 15,000 shares or 24.11% of the company, and was the largest shareholder as at 27 September 2007[3] but was eclipsed by Red and White holdings on 28th February 2008. Fiszman bought part of his stake in Arsenal from fellow director David Dein including 2,840 shares in 1999.[4] Fiszman led the building of the new Ashburton Grove stadium.
Any takeover of the club would be dependent on the acquisition of Fiszman's stake. Fiszman however has denied any wish to sell his shares. [5] In March 2007 he sold a block of 659 shares for over £3.9m to Kroenke Sports Enterprises.[6] This is a significant sale as reducing his stake to less than 25% resulted in a loss of veto rights over any future changes to the company statutes. Speculation linked this with a move abroad where he would substantially reduce any Capital Gains Tax liability that would come with a sale of his stake in the club.[7]
On 23 July 2007 - Fiszman stated his desire not sell his shares for the foreseeable future. [8]
[edit] Personal life
Fiszman lives in St Prex near Geneva, Switzerland. His hobbies include running and flying, and he is a fully qualified commercial jet pilot.
[edit] References
- ^ Graff ranked as 36th richest in Britain - DIB Online
- ^ http://business.timesonline.co.uk/tol/business/specials/rich_list/article3768855.ece Danny Fiszman on Sunday Times' Rich List]
- ^ Who's who on Gunners board | The Sun |HomePage|Sport|Football
- ^ Kicking Around - Sportstar
- ^ [1] - Sky.com
- ^ [2] - Plus Market Statement
- ^ [3] Guardian Unlimited
- ^ [4] Arsenal.com
