According to reports, Arsenal owner Stan Kroenke invested his own money in the club’s summer transfer campaign that saw the arrival of a record signing.
Arsenal were busy in the summer as they acquired the likes of Nicolas Pepe, David Luiz, William Saliba, Gabriel Martinelli, and Kieran Tierney for more than £100 million
The Mirror suggests that industry insiders are sure that Kroenke had to step in with his millions rather than relying on the Gunners’ self-sustaining transfer model.
It’s Arsenal’s tradition to carefully map out a slush fund of cash which is used to reassure banks just in case they fail to make it into Europe.
However, Kroenke has bought Alisher Usmanov’s 30% stake in the London club and this action will change the process in which things are run at the club. He has seemingly increased personal backing to the club.
According to Kroenke’s son, Josh Kroenke, a director at the club in a chat with reporters on Thursday, Arsenal’s business in the summer shows that the club still possesses an aura