Arsenal owner Stan Kroenke is planning to launch a new project to build MLS side Colorado Rapids a brand new stadium, according to reports.
As well as owning the Gunners, the American billionaire's empire includes a range of different sports clubs with the Denver Nuggets of the NBA, Los Angeles of the NFL and NHL outfit the Colorado Avalanche among the stand-out names. Recently, Kroenke became the first owner to win North America's three major sports titles after the Nuggets won their first NBA championship.
Most of Kroenke's success has come in American sports, with him yet to oversee a Premier League title success with Arsenal since becoming a majority shareholder of the football club in 2011. Last season was the Gunners' best attempt, with Mikel Arteta's men leading the way for the majority of the year before falling behind eventual treble winners Manchester City.
