Arsenal announce appointments of Josh and Stan Kroenke as co-chairs

Arsenal have announced Josh and Stan Kroenke as co-chairs of the club.

Kroenke Sports & Entertainment assumed 100 per cent ownership of Arsenal in 2018 and the club have said 'the appointments are a recognition of how our leadership structure has evolved.'

Josh is the son of Stan and the duo are involved in running several sports clubs world wide.

While also heavily involved in Kroenke Sports & Entertainment, Josh is the heir to the Walmart family inheritance.

Tim Lewis, meanwhile, has become the executive vice-chair of the club.

On the appointments, Stan Kroenke told the club website: 'This is a simple evolution as part of us all driving Arsenal forward and further reaffirms our family's long-standing commitment to this great club. Stability in football has never been more important as we move past the pandemic, and we believe this is the perfect time to formalise these roles.

'Our objectives and ambition will never waver - to field teams that compete for trophies at the highest level and lead our club in a way that inspires our passionate supporters around the world.

'Supported by our Director, Phil Harris, and together with our Executive Team and all our wonderful people, we have an incredible opportunity to build on the values and traditions of Arsenal Football Club.'

The decision has mostly been met with positivity despite calls for the Kroenke's to sell the club during Arsenal's struggles.

Josh is seen more often at the Emirates on match days, though it's understood Stan remains heavily involved behind the scenes.

The duo, alongside Tim Lewis and Lord Harris of Peckham, had been working as directors on the club board.

Arsenal face Crystal Palace this weekend in the Premier League as they chase their first title in nearly 70 years.