Latest Arsenal news as Stan Kroenke continues to be successful with his sports teams after a big season for the Gunners and ahead of a pivotal summer transfer window for Mikel Arteta's side
Arsenal owner Stan Kroenke is on a bit of a roll with his sports teams.
The Los Angeles Rams won their first Super Bowl since moving to California from St. Louis in Missouri eight years ago when they clinched the Vince Lombardi trophy last year. According to Forbes, the Rams are one of the most profitable sports franchises in the world.
Indeed, over the last three years the Rams have turned a profit of $318 million and are tenth in the League table for the most profitable teams. Their NFL rivals, Dallas Cowboys, lead the way with a whopping profit of $1.171 billion.
Kroenke's decision to relocate the Rams to a more attractive market in Los Angeles, and build the SoFi Stadium in Inglewood at a cost of $5bn, looks to be paying off. The 70,000-seater stadium hosted the Super Bowl last year, the College Football Playoff National Championship in January and Wrestlemania in April.
They will be in addition to the 2023 CONCACAF Gold Cup Final, 2026 FIFA World Cup matches and the opening and closing ceremonies of the 2028 Summer Olympics. Kroenke, 75, has seen his net worth balloon to a whopping $14.9bn through his ownership of Kroenke Sports & Entertainment, which owns the Rams, Nuggets and Arsenal.
Arsenal's Declan Rice summer the last of its kind as Stan Kroenke wants a self-sufficient future
Ubong12
0
he's a stingy owner who is only interested in making profits from the team instead of paying off the supporters loyalty by pumping more money into the team to buy quality players who can play at a competitive level and win trophies
Ah ahn!! At least he has seen what we have in hand, the progress is going fine,....300M isn't too much too drop for Arteta nah
LarryOJ1
1
He’s not a football lover so as long he still be our CEO we go still day get issues because he no day drop money for the team na Him NBA team he day spend money on
lozdknorsu
1
Kroenke spend money in Arsenal football club and forget about money making machine
Lisiknopsz
1
But before I opened this article I saw something related to this nosense "Stan kroenke has a money-making machine" but reading the body it was irrelevant
Ultimateo_Kinqpap
0
Arsenal
johemnstu
0
He is worth $14.9Bn And he's just giving Arteta only 200M for summer window??
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he's a stingy owner who is only interested in making profits from the team instead of paying off the supporters loyalty by pumping more money into the team to buy quality players who can play at a competitive level and win trophies
Ubong12
0
He is worth $14.9Bn And he's just giving Arteta only 200M for summer window??