Who is the owner of Arsenal FC?
Here's a look at how KSE's Arsenal's takeover!
Arsenal FC's home ground, the Emirates Stadium. (Image via Daily Cannon)
Arsenal FC is a renowned football club based in London. The club boast a rich 135-year history and an impressive trophy collection, including 13 English league titles, 14 FA Cups (a record among Premier League clubs), 2 League Cups, 16 FA Community Shields, and a European Cup Winners’ Cup.
Notably, Arsenal FC is the only club to win the Premier League title while staying unbeaten in the 2003-2004 season. It earned them the nickname ‘The Invincibles.’ Now, this article will explore the key figures behind the club’s success – its owners.
Stan Kroenke and the takeover of Arsenal FC
Arsenal and Arsenal Women’s FC have a unique ownership structure compared to other English football clubs. The parent company, Arsenal Holdings plc, has relatively few shares, all held by Kroenke Sports & Entertainment (KSE), an American company owned by billionaire Stan Kroenke.
Stan Kroenke, an American businessman, owns Arsenal and various other sports and eSports organizations through his company Kroenke Sports and Entertainment (KSE). KSE holds all the shares of Arsenal Holdings plc, which in turn owns twelve subsidiary companies. It includes Arsenal Football Club plc, Arsenal (Emirates Stadium) Limited, and Arsenal Overseas Ltd.
Before Kroenke, Arsenal was owned by the Bracewell-Smith and Hill-Wood families. In the early 2000s, Kroenke acquired a 9.9% stake from ITV plc and gradually increased his ownership to 66.64%. He faced competition from Red and White Holdings, co-owned by Alisher Usmanov and Farhad Moshiri. In 2018, Kroenke purchased the remaining shares, including those from Usmanov, becoming the club’s sole owner.
A Look at Arsenal Football Club’s Net Worth
Forbes ranked Arsenal as the third most valuable football club in the world after Manchester United and Real Madrid, with the club being valued at $1.2bn (£605m), excluding debt, back in 2009.
Later, Deloitte rated Arsenal fifth in the 2011 Deloitte Football Money League, ranking the world’s top football clubs in terms of revenue, with Arsenal earning £274.1m in the 2009/10 season.
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Sayantan Dutta
(266 Articles Published)