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Arsenal chiefs feud over RVP exit

Updated: July 5, 2012, 7:49 PM ET
Associated Press

LONDON -- A simmering feud between the major shareholders of Arsenal erupted Thursday when American owner Stan Kroenke was accused of selling the club's best players and replacing them with cheaper ones.

In the letter obtained Thursday by The Associated Press, Alisher Usmanov and Farhad Moshiri wrote to Kroenke expressing "deep reservations" about how he runs the club after captain Robin van Persie declined to sign a new contract.

Usmanov and Moshiri own just under 30 percent ...

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