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Football London
Football London
Sport
Josh Holland

Who is Stan Kroenke? The Arsenal and Denver Nuggets owner with mega $14.9bn fortune

Arsenal are enjoying their most successful period under Stan Kroenke's ownership. The Gunners have restored their status as one of England's best teams and will return to the Champions League for the first time since 2017 next season.

Mikel Arteta has continued the tremendous rebuilding job in north London over the past 18 months. Next season has more pressure resting on it, with expectations surrounding the club set to increase.

While much of the gratitude is rightly aimed at Arteta, Edu Gaspar and the players, owner Kroenke has seen his reputation amongst the Emirates Stadium drastically improve in recent years.

READ MORE: Arsenal owner Stan Kroenke takes step toward NBA milestone to help Mikel Arteta's $250m dream

In 2021, the American businessman was the subject of heavy protests following the revelation of plans for the European Super League. Fortunately for supporters, the plans fell through and football's pyramid continued as normal.

Following such a successful 2022/23 season, Kroenke will be busy over the summer improving the playing squad at the Emirates Stadium. The US businessman, alongside his duties in England, oversees a number of franchises in the United States in different sports.

Here, football.london brings you a lowdown on who Stan Kroenke is:

Born in Columbia, Missouri in 1947, Stan is owner of Kroenke Sports & Entertainment. The Denver-based company is the holding company of a number of sports clubs across the globe, as well as Esports teams.

Alongside owning Arsenal, the 75-year-old owns the LA Rams of the NFL, the Denver Nuggets of the NBA, Colorado Avalanche of the NHL, Colorado Rapids of Major League Soccer, Colorado Mammoth of the National Lacrosse League and the LA Guerrillas of the Call of Duty League.

Valued at $14.9 billion by Bloomberg Billionaires Index, Kroenke has seen his investments in sport flourish in recent years. The Los Angeles Rams won the Super Bowl under his ownership, with Colorado Mammoth winning the NLL and Colorado Avalanche winning the NHL Championship.

He bought his first shares in Arsenal - 9.9% - in 2007 before gradually increasing his ownership. In 2011, his stake grew to 62.89% after he purchased Danny Fizman and Lady Nina Bracewell-Smith's shares.

Now, Kroenke solely owns the club after buying Alisher Usmanov's shares, a deal thought to be worth in the region of £602m.

After seeing the Gunners fall short in the Premier League title race, Kroenke is on course to be victorious in his franchises in the States. If the Nuggets win the NBA Finals against Miami Heat, he will become the first owner to win the three major North America titles.

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