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Exclusive: Arsenal delay in announcing Arsene Wenger decision is breaking the law
EU law stipulates that companies must reveal any information to potential investors that makes a material difference to the future value of the company in order to limit the potential for insider trading. Although shares in parent company Arsenal Holdings plc are rarely traded, they are nevertheless listed on the NEX Exchange in London and subject to their regulations. Arsene Wenger hinted publicly that a mutual decision had been reached - with the 67-year-old expected to sign a new two-year deal - when he announced in his post-match press conference on Saturday that, “I know what I will do in my future so you will soon know very soon.” GETTY
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