ARSENAL have been setting the Premier League alight this season with their name rarely not on the lips of pundits across the country.
As the evolution of the club under Mikel Arteta continues, we look further at the man behind the strategy, Stan Kroenke.
Who is Arsenal FC owner Stan Kroenke?
American billionaire Stan Kroenke has seen his investments flourish as his sports franchises succeed on all levels, dominating their sports.
In 2022, the Los Angeles Rams won the Super Bowl, Colorado Mammoth won the NLL and Colorado Avalanche won the NHL championship.
It seems fitting that only Arsenal were to add more silverware to his portfolio, which appears to be on the cards this season in the Premier League.
The 75-year-old is seeing his investments go from strength to strength.
When did Stan Kroenke buy Arsenal?
Stan Kroenke now owns 100 per cent of the Gunners having bought his first shares in 2007 – becoming majority stakeholder in 2011 and slowly increasing his shares to the point where Kroenke Sports & Entertainment (KSE) now solely own the club.
The American businessman bought out Alisher Usmanov’s shares in the club to take ownership after a deal thought to be worth in the region of £602m.
Kroenke began his interest in Arsenal by purchasing a mere 9.9% stake in the club and over time has worked at that to the point where he is now the club’s owner with nobody else co-owning any part of the football club.
In the past, fans have been critical of the American businessman saying that he is too distanced from the club and demanding that someone come in to save them from his grasp.
However, perception has changed somewhat as transfer funds have been made available more regularly and Kroenke’s son, Josh, has become more hands-on in North London.
Mikel Arteta has praised the foresight and vision of the owner recently and how they are working closely with him to take the football club to where it wants to, and needs to be.
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What is Stan Kroenke’s net worth?
Stan Kroenke is listed as the 48th richest American.
After the success of many of his franchises in 2022, he has seen his wealth rocket.
According to Forbes, Kroenke is now worth in the region of €12.9bn.
That figure is all the more impressive as it has snowballed from the overview of his wealth in the previous year significantly.
Specifically, Stan Kroenke has seen his net worth increase by €2.2bn over that period of time.
As his company KSE have become more involved in matters at Arsenal, manager Mikel Arteta has seen him have funds available to seriously strengthen the squad.
This is coming to fruition this season as the North London outfit sit at the top of the Premier League as they have done for the majority of the season.
Many pundits throughout the game are now conceding that The Gunners seem to be nailed on to clinch the coveted trophy this season.
Such a victory would really top off what has really been a momentous 18 months for Stan Kroenke.
Source: Soccer - thesun.co.uk
