Arsenal transfer news as Stan Kroenke targets big money at crucial time for Gunners ahead of January demands
Brentford striker Ivan Toney
Arsenal are likely to make a move for Ivan Toney over the winter
Stan Kroenke is a very, very rich man. He’s one of the richest men on the planet, and he’s putting it to good use.
Not only is he a very successful businessman who owns over 60 million square feet of real estate—his main business—he’s also behind some of the world’s top sports teams. In the last two years alone, he has seen his teams win the NBA Super Bowl and become one of the best teams in the Premier League.
It’s an almost unprecedented treble for the Americans, as Arsenal fans now want to see their team move to third on the title-winning list. The Colorado Avalanche, Colorado Rapid and Colorado Mammoth were also at the top of their game in hockey, lacrosse and soccer.
Kroenkeand#039’s ability to balance his share with the rest of the sports and entertainment (KSE) portfolio is perhaps most impressive despite the LA Rams moving home to state-of-the-art SoFi Stadium. recent years Arsenal themselves have recently struggled with a change of venue, moving from Highbury to the Emirates Stadium.
Declan Rice opens up about his move to Arsenal
As sports companies do today, Kroenkel’s value isn’t just driven by game-day earnings and experience. He is already worth around £11.95 billion ($14.6 billion), but his worth continues to grow as more and more investments come his way. However, he has also managed to combine his interests with the arenas he uses for his parties, which also appear as potential venues for concerts and multi-sport events. So much so that in the summer he saw The Killers and Arctic Monkeys – two of the biggest bands of the last 15-20 years – play Emirates Stadium, and Beyonce and Taylor Swift did their massive tours at the Loss. Also to Angels for nine nights.
NBC Sportsand#039 reported that it will be played at SoFi Stadium, which was purpose-built with a surrounding sports complex and an impact village; Peter King that made the business magnate a whopping £8.18 million ($10 million). This is a small amount compared to the enormous cost of £4.1 billion ($5 billion) that went into building the stadium.
Mikel Arteta has made Arsenal’s £50m defensive move a priority ahead of the January window.
In the grand scheme of things, however, this is a more than useful sum of money for Mikel Arteta to invest in his squad in the coming months. Even if those things don’t exactly work out, Arteta and Arsenal will look to bolster their squad in January as they look to mount their second genuine title challenge in as many years.
The club are believed to be interested in Brentford forward Ivan Toney, but could be forced to pay £60 million ($71 million), if not more, for the 27-year-old. Chelsea are also in the running for the England striker.
Considering Arsenal not only spent big on Declan Rice, Jurrien Timber and Kai Havertz in the summer, but also couldn’t offload as many players as they would have liked to reinvest the money, that’s a high asking price to pay mid-season. Kroenke and his £8m from the NFL giants would certainly be welcome at this point.