Arsenal have become one of the most well-run football clubs in Europe in recent years. In fact, fortunes on and off the pitch have all pointed in the same direction in recent years.
In the summer of 2023, the Gunners spent £250million in the transfer window to improve Mikel Arteta's squad after their failed Premier League title bid last season. Kroenke paid £105million to smash the club's transfer record bringing in Declan Rice with Kai Havertz, Jurrien Timber and David Ray all following.
Three months remain in the 2023/24 Premier League season and Arsenal remain in a three-horse race with Manchester City and Liverpool for the title. Arteta's men are currently third in the table but sit just two points off the leaders.
It's fair to say that Rice's arrival has strengthened the north Londoners, with his dazzling display at his former side, West Ham, in the 6-0 win a perfect case study. Havertz's versatility and Raya's technical ability to turn defence into attack has meant the business in the window has been worthwhile.
The Gunners are fighting to win their first Premier League title in 20 years and the cute transfer dealings done by technical director Edu Gaspar and Kroenke have helped transform the club after a number of mediocre years.
Kroenke, who became majority shareholder of the club in 2011, enjoyed a slight increase of his net worth in the summer. The American billionaire's value went from $10.7billion to $12.9bn (£9.5bn) from 2022.
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Now, with the football club back in the Champions League and competing for domestic success once again, Kroenke has enjoyed another increase of his net worth. According to Forbes, the Arsenal owner's worth is now a whopping $15.7bn (£12.4bn) - an eye-catching $2.8bn increase since July.
Depending on how Arsenal do in the knockout stages of the Champions League in the second half of the season, the Los Angeles Rams and Colorado Rapids owner is likely to receive another boost in his finances.
While the increase of net worth is a boost for Kroenke, it is also good news for Arsenal and Arteta. More money available to the American means more funds available for the summer transfer window.
Financial Fair Play and Profit and Sustainability Rules prevented the Gunners from adding to the squad in January. However, that shouldn't be the case in the summer.
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