Arsenal
Aston Villa
Chelsea
Crystal Palace
Everton
Fulham
Liverpool
Manchester City
Manchester United
Newcastle United
Nottingham Forest
Southampton
Tottenham Hotspur
West Ham United
Wolverhampton Wanderers
News
£625m news from the US shows what Stan and Josh Kroenke are planning at Arsenal
Developments in the United States give a major indication about Stan and Josh Kroenke are planning behind the scenes at Arsenal.
Stan Kroenke took full control of the Gunners in 2018 but has since taken a backseat role, 🌄delegating operational responsibilities to son Jos🍸h.
The family’s Kroenke Sports and Entertainment group comm💎ands assets of over £10bn, making them the second-richest sports ow🤡nership group in the world.
Most of that value is located in the United States, where Kroenke owns American football, ic🔴e hockey, basketball and MLS franchises.
And the latest news across the pond g🏅ives a real clue about Kroenke’s strategy for Arsenal going forward.
Kroenkes want Arsenal games abroad
One of the most controversial episodes in KSE’s history came in 2016, when the company’s NFL side St Louis Rams relocated to Lo༺s Angeles.
That project yielded impressive sporting results, with the LA Rams, as🤪 they subsequently became known, winning the Super Bowl in 2022.
Kroenke also helped finance the £4.3bn construction of the world-class LA Rams home gro🥂und, the SoFi Stadium, where Arsenal will play Man United in a friendly lไater this summer.
But in St Louis, the move did not go down well, especially given the resources the locܫal authorities pumped into trying to keep the franchise in𝓡 the city.
As reported by local ℱoutlet , a review into the failed attempt𒈔 to keep the Rams in Kroenke’s home state of Missouri.
Th💮e city eventually reached a £625m settlement with the NFL after the Rams left.
The scale of the costs involved show just ho💙w desperate Kroenke was 🐽to move the franchise when he spied a better commercial opportunity.
And, significantly, the 76-year-old waไnts to do the same at Arsena🍰l.
Not a total relocation, which would likely be blocked by the incoming independent regulator, but rather a gradual movemen𝕴t to playing more matches in the United States and beyond.
The expanded 32-team Club World Cup, for example, has the ⛦full support of Ar🐻senal. And,ܫ while the European Super League failed, Kroenke was a key advℱocate.
- READ MORE FOOTBALL FINANCE ANALYSIS: Sta꧃n Kroenke’s Arsenal take💃over masterplan takes shape amid £1.6bn reveal
How much could Arsenal earn from Club World Cup?
Initially, it was believed that any team going all the wayꩵ in the expanded Club World Cup could earn as much as £84m in prize money.
That cash would be transformative for the likes of Arsenal. It’s almost as much as Mikel Arteta‘🌳s side earned in the Champions League in t🌟otal last season.
However, FIFA appears to have overestimated how much it could bank for the TV rights👍 for the tourname📖nt.
Talks with Apple abouಞt a streami🐼ng deal have stalled, meaningღ football’s🌊 world governing body has had to go back to clubs to see if they would play for a more modest fee.
Arsenal are not due to play in the inaugural version of the tournament next year, with Man City and Chelsea being Englan🦩d’s representatives.
But with their renaissance on the pitch in recent years, they would expect to generate cash from the Club World Cupꦿ in future iterations of the quadrennial event.