Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Football London
Football London
Sport
Richard Cusack

Stan Kroenke ally identifies Arsenal owner's secret weapon amid $5.9bn comparison

Stan Kroenke is enjoying life as a sports team owner.

He watched his Denver Nuggets take a 2-1 lead in their maiden NBA Finals appearance when they beat Miami Heat on Thursday. Colorado Avalanche won the National Hockey League's Stanley Cup last year and the Los Angeles Rams were victorious in the 2022 Super Bowl.

Meanwhile, Arsenal are all set up for a tilt at the Premier League again after finishing second last season with a huge summer transfer window coming up where their main target is the England star Declan Rice from West Ham United. The Gunners are back in the Champions League and looking to re-establish themselves as one of the Premier League's top teams.

READ MORE: Arsenal news and transfers LIVE: Deal agreed, Rice bid, Caicedo battle, Nico Williams scouted

In an interview with the website Sportico, sports consultant Marc Ganis has drawn comparisons with the Kraft family, who own the New England Patriots. Since 1994, when Robert Kraft bought the Patriots for $172 million, the club has won six Super Bowls and moved into the Gillette Stadium, which has now pushed the club's value up to $5.9bn as the NFL continues to grow.

Kraft has been aided by his son, Jonathan, who has been an integral part of the operation. "The Krafts have been the gold standard for team ownership," Ganis, who has known Kroenke for almost three decades, said.

"I would argue that a major part of that is because it's actually two people in Bob and Jonathan Kraft. "Now you have that with Stan and Josh Kroenke."

Josh, a former college basketball captain at Missouri, has played a pivotal role in growing the teams in Kroenke Sports & Entertainment. Indeed, having been on the board at Arsenal since 2013, the club announced that he had been made a co-chair back in March after a restructuring of the boardroom.

He is also president of the Nuggets and Avalanche.

READ NEXT:

Declan Rice signs, Partey out, Caicedo in - Dream Arsenal midfield after £175m transfers

Fulham and Joao Palhinha help Arsenal finally complete £92m Declan Rice transfer

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.