Deloitte steps down as Linklaters auditor over conflict of interest linked to Arsenal share dispute

PwC takes Linklaters audit role amid negligence claim brought by ex-Arsenal shareholder

Deloitte has stepped down as Linklaters’ auditor due to a conflict of interest relating to the lawsuit brought by former Arsenal shareholder Lady Nina Bracewell-Smith over the sale of her stake in the Premier League club in 2011.

The magic circle firm and the Big Four accountant are being sued for more than £11m in damages by Bracewell-Smith over their advice on the sale of her 15.9% stake to the club’s current majority owner, US businessman Stan Kroenke.

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