Danny Fiszman: Difference between revisions
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'''Daniel David Fiszman''' (born 9 January 1945) is a [[diamond]] dealer, and a director of [[Arsenal F.C.|Arsenal Football Club]]. |
'''Daniel David Fiszman''' (born 9 January 1945) is a [[diamond]] dealer, and a director of [[Arsenal F.C.|Arsenal Football Club]]. |
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==Early life== |
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Fiszman was born in [[Willesden]], [[North London]] <ref>[http://www.dailymail.co.uk/sport/football/article-481211/Danny-Fiszman-brief-view.html Danny Fiszman: a brief view] - Mail Online</ref> and is the son of a [[Belgium|Belgian]] [[Jew]]ish couple who fled the [[Nazi]]s during [[World War II]]. |
Fiszman was born in [[Willesden]], [[North London]] <ref>[http://www.dailymail.co.uk/sport/football/article-481211/Danny-Fiszman-brief-view.html Danny Fiszman: a brief view] - Mail Online</ref> and is the son of a [[Belgium|Belgian]] [[Jew]]ish couple who fled the [[Nazi]]s during [[World War II]]. |
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==Career== |
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| ⚫ | Other shareholdings |
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Fiszman made his fortune in diamonds, building Star Diamonds Group which traded in rough diamonds.<ref>[http://www.diamondintelligenceonline.com/magazine/magazine.asp?id=3872&search_text Graff ranked as 36th richest in Britain] - DIB Online</ref> Star Diamonds Group also owns 16% in Abbeycrest, whose major clients including [[Argos (retailer)|Argos]] and [[Asda]]. He sold the group in 2007 for £150M, to concentrate on his role in completing Arsenal's new stadium.<ref>{{cite web|url=http://www.telegraph.co.uk/sport/main.jhtml?xml=/sport/2007/04/20/sfnfis20.xml|title=Fiszman the power behind throne|author=David Bond|publisher=Telegraph|date=20 Apr 2007|accessdate=10 April, 2011}}</ref> |
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| ⚫ | Other shareholdings took his total worth of around £236m, ranking him 348th on the 2008 ''[[The Sunday Times (UK)|Sunday Times]]'' Rich List <ref>[http://business.timesonline.co.uk/tol/business/specials/rich_list/article3768855.ece Danny Fiszman on Sunday Times' Rich List]</ref> (351st in 2007, 273rd in 2006, 305th in 2005 and 207th in 2004). |
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Fiszman is also non-executive director in Arsenal Football Club. He owns 10,025 shares or 16.1% of the company, and was the largest shareholder as at 27 September 2007<ref>[http://www.thesun.co.uk/article/0,,2002390000-2007180318,00.html Who's who on Gunners board | The Sun |HomePage|Sport|Football<!-- Bot generated title -->]</ref> but was eclipsed by [[Alisher Usmanov]] and [[Farhad Moshiri]] through their Red and White Holdings group in February 2008. Fiszman bought part of his stake in Arsenal from fellow director [[David Dein]] including 2,840 shares in 1999.<ref>[http://www.hinduonnet.com/tss/tss2920/stories/20060520011304200.htm Kicking Around] - Sportstar</ref> Fiszman led the building of the new [[Ashburton Grove]] (aka Emirates) stadium. |
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Any takeover of the club would be dependent on the acquisition of Fiszman's stake. In March 2007 he sold a block of 659 shares for over £3.9m to Kroenke Sports Enterprises (KSE).<ref> [http://www.plusmarketsgroup.com/story.shtml?ISIN=GB0030895238&NewsID=24542] - Plus Market Statement</ref> This was 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.<ref>[http://football.guardian.co.uk/Columnists/Column/0,,2038152,00.html?gusrc=rss&feed=5] Guardian Unlimited</ref> |
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Fiszman bought into Arsenal Football Club and became a board member through his purchase of an 8% stake from his friend [[David Dien]], starting with 2,840 shares in 1999.<ref>[http://www.hinduonnet.com/tss/tss2920/stories/20060520011304200.htm Kicking Around] - Sportstar</ref> Fiszman slowly increased his stake to 24%, the largest shareholder as at 27 September 2007,<ref>[http://www.thesun.co.uk/article/0,,2002390000-2007180318,00.html Who's who on Gunners board | The Sun |HomePage|Sport|Football<!-- Bot generated title -->]</ref> at which point he led the building of the new [[Ashburton Grove]] stadium. |
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On 27 March 2009 Fiszman sold 5,000 ordinary shares of £1 each in Arsenal Holdings plc to KSE, UK, Inc |
Fiszman is presently a non-executive director in Arsenal Football Club. He owns 10,025 shares or 16.1% of the company. In March 2007 he sold a block of 659 shares for over £3.9m to [[Stan Kroenke]] Sports Enterprises (KSE).<ref> [http://www.plusmarketsgroup.com/story.shtml?ISIN=GB0030895238&NewsID=24542] - Plus Market Statement</ref> This was 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.<ref>[http://football.guardian.co.uk/Columnists/Column/0,,2038152,00.html?gusrc=rss&feed=5] Guardian Unlimited</ref> On 27 March 2009 Fiszman sold 5,000 ordinary shares of £1 each in Arsenal Holdings plc to KSE, UK, Inc, at a price of £8,500 per Share.<ref>[http://www.arsenal.com/news/news-archive/club-statement-arsenal-holdings-plc Club Statement: Arsenal Holdings plc] - Arsenal.com</ref> |
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Fiszman stated his desire not sell any more of his shares for the foreseeable future,<ref>[http://www.arsenal.com/article.asp?thisNav=News&article=478303&lid=NewsHeadline&Title=Danny+Fiszman+-+My+position+is+absolutely+clear] Arsenal.com</ref> after the sale of 5,000 ordinary shares to Kroenke takes the American's stake in Arsenal Holdings plc to 12,756 Shares (representing 20.5%). The other major shareholders are [[Alisher Usmanov]] and [[Farhad Moshiri]], through their Red and White Holdings group in February 2008. |
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==Personal life== |
==Personal life== |
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Revision as of 19:56, 10 April 2011
Daniel David Fiszman (born 9 January 1945) is a diamond dealer, and a director of Arsenal Football Club.
Early life
Fiszman was born in Willesden, North London [1] and is the son of a Belgian Jewish couple who fled the Nazis during World War II.
Career
Fiszman made his fortune in diamonds, building Star Diamonds Group which traded in rough diamonds.[2] Star Diamonds Group also owns 16% in Abbeycrest, whose major clients including Argos and Asda. He sold the group in 2007 for £150M, to concentrate on his role in completing Arsenal's new stadium.[3]
Other shareholdings took his total worth of around £236m, ranking him 348th on the 2008 Sunday Times Rich List [4] (351st in 2007, 273rd in 2006, 305th in 2005 and 207th in 2004).
Arsenal Football Club
Fiszman bought into Arsenal Football Club and became a board member through his purchase of an 8% stake from his friend David Dien, starting with 2,840 shares in 1999.[5] Fiszman slowly increased his stake to 24%, the largest shareholder as at 27 September 2007,[6] at which point he led the building of the new Ashburton Grove stadium.
Fiszman is presently a non-executive director in Arsenal Football Club. He owns 10,025 shares or 16.1% of the company. In March 2007 he sold a block of 659 shares for over £3.9m to Stan Kroenke Sports Enterprises (KSE).[7] This was 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.[8] On 27 March 2009 Fiszman sold 5,000 ordinary shares of £1 each in Arsenal Holdings plc to KSE, UK, Inc, at a price of £8,500 per Share.[9]
Fiszman stated his desire not sell any more of his shares for the foreseeable future,[10] after the sale of 5,000 ordinary shares to Kroenke takes the American's stake in Arsenal Holdings plc to 12,756 Shares (representing 20.5%). The other major shareholders are Alisher Usmanov and Farhad Moshiri, through their Red and White Holdings group in February 2008.
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. Fiszman is currently undergoing treatment for a long term serious illness.[11]
References
- ^ Danny Fiszman: a brief view - Mail Online
- ^ Graff ranked as 36th richest in Britain - DIB Online
- ^ David Bond (20 Apr 2007). "Fiszman the power behind throne". Telegraph. Retrieved 10 April, 2011.
{{cite web}}: Check date values in:|accessdate=(help) - ^ Danny Fiszman on Sunday Times' Rich List
- ^ Kicking Around - Sportstar
- ^ Who's who on Gunners board | The Sun |HomePage|Sport|Football
- ^ [1] - Plus Market Statement
- ^ [2] Guardian Unlimited
- ^ Club Statement: Arsenal Holdings plc - Arsenal.com
- ^ [3] Arsenal.com
- ^ "Charles Sale: Danny Fiszman's fight is worry for Arsenal". Daily Mail. 11 January 2010. Retrieved 11 January 2010.