Sports

Stan Kroenke receives double $14.6bn confirmation after Arsenal gamble ahead of Champions League

Arsenal news: The Gunners owner Stan Kroenke has reaped the rewards of the clubs return to Europe’s biggest stage

The net worth of Arsenal owner Stan Kroenke has enjoyed an impressive upward trajectory in the last 18 months.

The Gunners have gone from top-four strugglers to Premier League title challengers in the past 24 months. Kroenke’s spending in the previous four windows have been pivotal in their success under Mikel Arteta.

Following last season’s second-placed finish in the league, Arsenal return to the UEFA Champions League for the first time in six years and will see the club bank millions for their participation. And of course, the deeper in the tournament that you go, the more money is available to be won.

It hasn’t just been at Arsenal where Kroenke has enjoyed success. The American’s sporting franchises have reached historic levels of success over the past two years after the Denver

The gambles in the transfer market and acceptance to allow Arteta to play a big role in proceedings have already reaped the rewards. According to Forbes, Kroenke’s net worth in 2020 was $10billion – a then-record.

Unfortunately for Kroenke, the Covid-19 pandemic did not help his fortunes with a $1.8billion drop to $8.2billion in 2021. However, now, his net worth is valued at $14.6billion.

Kroenke’s impressive trajectory, which you can see here, makes him the 48th richest man in the world. To put his net worth into perspective compared to Chelsea owner Todd Boehly, Kroenke is valued more than double.

Should Arsenal continue their return to the pinnacle of English football, it’s extremely likely that Kroenke’s net worth continues to increase.

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