Since April 2011, the majority shareholders of Arsenal Football Club have been Kroenke Sports & Entertainment, owned by business tycoon Stan Kroenke.
Kroenke initially became a minority shareholder at the club in 2007, before being added to the board of directors in 2008. Three years later, he and his company became the majority shareholders of the North London outfit. Following this, in 2018, Kroenke and KSE bought 100% ownership of the club.
This means that Kroenke does not just own Arsenal FC – he also owns all of Arsenal’s associated real estate, including the Emirates Stadium itself.
As such, should Arsenal wish to build a new stadium, this would be under the control and supervision of Kroenke – but only as things stand.
In addition to owning the Arsenal men’s team, KSE also oversee the Arsenal women’s team, who are currently playing under Jonas Eidevall in the WSL.
Who is Arsenal owner Stan Kroenke?
Born in 1947, Kroenke’s first job was as a cleaner for his father’s lumber company before he reached the age of ten years old.
He went on to found Kroenke Group in 1983, a real estate firm. His company would go on to build shopping centres, apartment complexes and also branched out into the development of city plazas.
He founded THF (To Have Fun) Realty in 1991, and by 2016 its net worth stood at approximately £1.5 billion ($2 billion). It benefitted from its partnership with Walmart, the US supermarket conglomerate with a mind-boggling estimated net worth of £325 billion.
In 1999, Kroenke founded Kroenke Sports & Entertainment – the company that would go on to acquire full ownership of Arsenal. By this point, Kroenke already owned a stake in NFL outfit St. Louis Rams.
Since acquiring Arsenal, the American has branched out into several other areas of business – in 2017, he founded the Los Angeles Gladiators, an e-sports team in the Overwatch League. He also owns the LA Guerillas in the Call Of Duty league.
Among the other teams that Kroenke has held a stake in include the Los Angeles Rams (formerly the St. Louis Rams), the Denver Nuggets (Basketball), the Colorado Rapids, the Colorado Avalanche (Hockey) and the Colorado Mammoth (Lacrosse). He was also a part-owner of the Colorado Crush with Pat Bowlen.
What is Stan Kroenke’s net worth?
According to a recent report from the London Evening Standard, Stan Kroenke’s net worth is estimated to be in the region of £11.1 billion ($12.9 billion).
This makes him the fourth-richest owner in the Premier League, behind the various consortiums and investment groups that own Chelsea, Manchester City and Newcastle United.
What have been Arsenal’s biggest successes under Kroenke Sports & Entertainment?
Since Kroenke took over Arsenal in 2011, questions have been raised regarding his commitments to the club – he does, of course, have to split his interest across all of the sports teams he owns. Nevertheless, Arsenal have enjoyed a modicum of success during his time as chairman.
The Gunners’ first trophy under Kroenke came in 2014, when they defeated Hull City to win their first FA Cup trophy since 2005. Since then, Arsenal have gone on to win the cup in 2015, 2017 and 2020.
Last season was arguably Arsenal’s best Premier League campaign under Kroenke. They sat atop the Premier League for much of the season, only to be beaten out by Manchester City in the season’s last few months.
What is Stan Kroenke’s role at the club and who else is on the board?
Kroenke, along with Tim Lewis (executive vice-chairman), Lord Harris of Peckham and Josh Kroenke (Stan’s son and co-chairman), make up the board of directors at Arsenal FC, according to the Arsenal official club website.
Below them in the hierarchy is CEO Vinai Venkatesham. While he does not sit on the board of directors, he is in direct communication with all branches of the club. Alongside Lewis, he is also intimately involved with the running of the football team itself.
As owner and chairman of the club, Kroenke has the final say when it comes to making decisions regarding the day-to-day running of the club. Additionally, he is also the person who provides the lion’s share of the funding for the club to spend.
This includes the transfer budget, money towards renovating the Emirates, securing business deals and so on. This close season Arsenal are currently spending more than they ever have – they even broke the record for the highest transfer fee paid for an English player when they purchased Declan Rice from West Ham United for £105 million.
How much is Arsenal worth?
This makes Arsenal the sixth most valuable club in the Premier League – only Tottenham Hotspur, Chelsea, Manchester City, Liverpool and Manchester United stand above them (in that order).
It is worth mentioning that this research was conducted before Arsenal’s success in the 2022/23 season – as such, it would not be a surprise to learn that their worth may have increased since.
Manchester United are the most valuable club in the Premier League currently, reportedly worth £4.8 billion.
Is Arsenal up for sale?
This is a tricky question to answer, as there are several conflicting reports on the subject. According to a report from the Daily Mail in 2021, Kroenke officially put the club up for sale and there has been nothing to officially contradict this statement as of yet.
Despite this, Kroenke has said in a recent interview, via AllFootball: “We remain 100 per cent committed to Arsenal and are not selling any stake in the club. We will not entertain any offer.”
As such, fans have been left confused as to the where the status of both the club and Kroenke stands. It seems that he is not willing to sell the club at this current moment, but this could change – seemingly on a whim.
Should Arsenal be sold, it would likely take an astronomical figure to prise it from Kroenke’s hands – currently, no official figure has been named in terms of what the American would be willing to accept to relinquish control of the club..