Arsenal owners issue rare update as Josh Kroenke speaks out on future of club
Josh Kroenke has spoken out on his family's future at Arsenal, insisting that he and his father, Stan, are 'long-term holders' and have no intention of selling the club
Josh Kroenke has made it crystal clear that his family are in it for the long haul with Arsenal, having played a key role in reviving the club's status as Premier League heavyweights.
The 43-year-old, along with his mogul dad Stan, faced a rocky road with Gunners supporters, with fans even taking to the streets in protest against their ownership after the botched European Super League fiasco. But it seems the tide has turned, with the father-son duo steering the ship towards calmer waters and under Mikel Arteta's guidance, Arsenal are gunning for glory at the top of the league once again, the Mirror reports.
In a candid chat on YouTube with Curious Mike, Josh Kroenke opened up about their vision for the future and doubled down on their commitment to the Gunners.
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Speaking out, the Arsenal bigwig revealed: "We were a real estate family that fell into sports due to our love of it. It's morphed into what we have now Los Angeles Rams, Colorado Avalanche, Denver Nuggets, Colorado Mammoth, Colorado Rapids. The really big one is over in London. We have Arsenal Football Club.
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"We've been pretty committed. We're long-term holders in everything we do. My father's philosophy, and it's the same with me as well, whenever you invest in something, if you're trying to short buck... that's not our strategy. We want to invest in something that makes sense for us over the long term."
After a shaky start, Arteta has turned Arsenal into a formidable force, eyeing glory in top competitions like the Champions League. The Gunners are on the brink of making it to the semi-finals for the first time since 2009, with a crucial clash against Bayern Munich in Germany this Wednesday (April 17).
The stakes are high after a riveting 2-2 draw at the Emirates last week, and following a setback in the Premier League title chase with a 2-0 defeat to Aston Villa, Arteta is gunning for a strong comeback from his squad.
In the run-up to this pivotal game, Arteta said: "We have to change it. There's a lot of things we can do there to write that story differently [against Bayern]. It's about earning the right collectively and individually."
"We want a performance that puts us in the Champions League semi-final. The prep has been to achieve that. We have earned it for 10 months and everything we did last season. We have an unbelievable opportunity to make it happen."
"Most of our players haven't experienced a night like this. They're super motivated. They're prepared and they feel confident. We want to make it happen. It would be unbelievable. If we make it happen and we're in the semi-final, we'll be in a really high emotional state with something that we haven't achieved in 15 years and that's the opportunity."