Arsenal owner Stan Kroenke ‘invested his own money’ on transfers this summer, including Nicolas Pepe, David Luiz and Kieran Tierney signings
Sept. 20, 2019
Arsenal owner Stan Kroenke apparently used his own money to fund the Gunners’ transfer window overhaul as they signed five new players in the summer.
Gunners fans were left raving about their summer transfer business after landing Nicolas Pepe, Kieran Tierney, David Luiz, Gabriel Martinelli and hot prospect William Saliba.
Kroenke have come under heavy criticism from supporters over his lack of investment into the team over the years since taking charge of the club.
Club supporters’ groups assembled to write a strongly-worded letter back in July that took aim at the American billionaire’s ‘passive ownership’, branded him ‘absent’ and claimed he was using the club as an ‘investment vehicle’.
But, according to the Daily Mirror’s John Cross , leaders in the football finance industry are ‘convinced’ the American sports tycoon injected his own cash into the club to boost their coffers this summer.
Ahead of the transfer window, it was widely claimed manager Unai Emery only had £40million to play with.
But Arsenal exceeded fan expectations by making a number of big signings – including the club-record £73m arrival of Pepe from Lille.
After the transfer window closed the club owner’s son, Arsenal director Josh Kroenke, said it was their plan to be ‘aggressive’ in the transfer market this summer and told fans to ‘read between the lines’.
And it is now claimed those funds came directly from Kroenke Sr himself, perhaps as a signal of his commitment to the club to answer supporters’ doubts.
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