Arsenal confirmed this past Thursday that the son of their majority stakeholder Josh Kroenke will be the new non-executive director at the club. He is set to combine his role of President of the Denver Nuggets basketball team with that of his new role.
The 33-year-old has echoed the sentiments that his arrival highlights the commitment of the Kroenke family to Arsenal football club. According to ESPN, he said, “It is an honour to join the board of Arsenal. This reaffirms our family’s long-term commitment to the club.”
It has indeed been a good timing to announce the new appointment as Arsenal sit top of the Premier League table and cannot be displaced this weekend. This comes after a very good start to the season, which was missing in recent years.
It seems the club has finally added some stability although Wenger’s contract expires at the end of the current season. However, it is only a matter of time before he extends his deal, with Arsenal looking increasingly likely to break their trophy duck this season.
Kroenke added, “Arsenal is in a strong position on and off the pitch. We are enjoying a period of growth for Arsenal and the Premier League. We look forward to an exciting future that includes winning trophies, increasing our already impressive support around the globe and extending our commercial opportunities. We strongly feel our experience in sports management, marketing and broadcast will be an asset to an already impressive board.”
Kroenke Jr., who is a financial management graduate from the University of Missouri, is also President of the Colorado Avalanche NHL ice hockey team, who are currently enjoying their best ever start to a new season.
Arsenal chairman Sir Chips Keswick was pleased to announce the arrival of Josh. He said, “We are delighted to welcome Josh Kroenke to the board of Arsenal. He has great experience in running sports organisations and brings extensive knowledge of what is required to succeed as we develop our club for the future.”