Arsenal news as Stan Kroenke has another surge in his financial wealth following an impressive start to 2023
Arsenal owner Stan Kroenke has seen his net worth increase by a whopping $2 billion. The American businessman has seen his Gunners improve hugely in the 2022/23 campaign, seeing them finish five points behind champions Manchester City.
Previously, the 75-year-old has been heavily criticised from supporters for his lack of investment in the playing squad. For many years, the Gunners have underperformed on the pitch while their rivals flexed the financial muscles in the transfer market.
But amid the north Londoners' terrific season, Kroenke's net worth has rocketed.. According to the Bloomberg Billionaires Index, the Los Angeles Rams and Denver Nuggets owner has seen a $2 billion increase to his net worth since March.
Now, his value sits at $14.9 billion, compared to the $12.9 billion previously listed.
Arsenal's return to the Champions League and hefty prize money rewarded for their second-placed finish in the Premier League may have played a role in this increase. The Colorado Avalanche's Stanley Cup win will have also bolstered his fortune, while the Denver Nuggets are in the NBA Finals for the first time after beating the Los Angeles Lakers.
It's expected that Kroenke's net worth will only continue to increase with his teams on an upward trajectory and Arsenal in particular face a crucial summer transfer window after their second-placed finish in the Premier League.
Madcap_237
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you said he didn't invest, bro. sorry if i misunderstood.
"He spends little on Arsenal COMPARED to how he spends on his other Sports Franchises" That's wht I said.
ReptilianFans
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Bro....He didn't! If he did, u would not hear Arsenal fans chanting #KroenkeOut over the past few yrs! He's a very wealthy man but yet spends little on the club compared to how he spends on his other sports assets
you said he didn't invest, bro. sorry if i misunderstood.
Madcap_237
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then you should say he has to invest more... not that he didn't invest at all, right.. hehehehe
Lol and could u highlight where in my comment I said he doesn't invest AT ALL?💀
ReptilianFans
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Bro....He didn't! If he did, u would not hear Arsenal fans chanting #KroenkeOut over the past few yrs! He's a very wealthy man but yet spends little on the club compared to how he spends on his other sports assets
then you should say he has to invest more... not that he didn't invest at all, right.. hehehehe
Madcap_237
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look at the transfer fees spent for past two or three seasons. they are not small numbers by any means. i think it is a little bit unfair to say he didn't invest on Arsenal team
Bro....He didn't! If he did, u would not hear Arsenal fans chanting #KroenkeOut over the past few yrs! He's a very wealthy man but yet spends little on the club compared to how he spends on his other sports assets
Lordy2099
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Let him take 500m from the 2 billion and give Arteta to invest in world-class players, that is what is of interest to football lovers, not how much goes to his bank account
lozdknorsu
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drop 600m to edu and Arteta for great and high profile player
charles707
1
spend on the right players and tittles will flood in
ReptilianFans
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Honestly [Sadtolook]He spends alot of money on all the other sports teams he owns but neglects Arsenal the most!
look at the transfer fees spent for past two or three seasons. they are not small numbers by any means. i think it is a little bit unfair to say he didn't invest on Arsenal team
Borizo10
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Honestly [Sadtolook]He spends alot of money on all the other sports teams he owns but neglects Arsenal the most!
ii just pray he start spending for Arsenal now
Madcap_237
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just remove 1b and spend on this Arsenal squad
Honestly [Sadtolook]He spends alot of money on all the other sports teams he owns but neglects Arsenal the most!
Borizo10
4
just remove 1b and spend on this Arsenal squad