Longtime Arsenal director Fiszman dies aged 66

Longtime Arsenal director Fiszman dies aged 66

Published Apr. 14, 2011 8:30 a.m. ET

Danny Fiszman, a director at Arsenal for 19 years, died from cancer Wednesday just days after agreeing to sell his stake in the Premier League club. He was 66.

Fiszman helped the club move from its old Highbury home to the new Emirates Stadium. He sold his stake to Stan Kroenke in a move announced Monday, helping the American investor take control of the club with a 62.89 percent holding.

Kroenke says Fiszman ''taught me so much about the proud history and traditions of Arsenal.''

A diamond trader and qualified pilot, Fiszman bought his first stake in Arsenal from David Dein to acquire a seat on the board. He owned as much as 33 percent of the north London club until his holding was diluted over recent years.