Gunners Board Oust Bracewell-Smith Out? Gazidis Welcomed In

Arsenal have made major changes in the boardroom after announcing a re-structuring of their board of directors.

Lady Nina Bracewell-Smith and Richard Carr both depart from the board, but Carr will stay on as a director of the club.

This potentially allows her to leave the lockdown agreement with the other directors and dispose of her shareholding.

Bracewell-Smith, whose family have a previous wealth of share ownership at the club, owns a 15.9% stake in the club and is the third largest shareholder in the club following Danny Fiszman, with 24.11%,

New chief executive Ivan Gazidis is set to join the board of both the Club and Company in the new year.

The reasons behind the reshuffle are as yet unclear, however Arsenal fans will fear it heralds another period of instability at the top of the club’s hierarchy.


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