Arsenal owner Kroenke takes total US franchise spend this summer to £23bn

Nearly £23bn of US sports franchises were sold across the summer after Arsenal owner Stan Kroenke purchased the Los Angeles Angels. The surprise purchase – a MLB record at £2.97bn – ended a summer of spending across North America which included basketball, NFL and women’s football. Kroenke’s sporting portfolio now puts

Arsenal owner Stan Kroenke has bought the Major League Baseball franchise, the Los Angeles Angels, in a deal reportedly worth $4bn.

Billionaire Kroenke Buys Los Angeles Angels For $4 Billion  Forbes

Kroenke Sports and Entertainment has acquired a majority stake in the Los Angeles Angels of Anaheim, adding a Major League Baseball franchise to a list of sports assets that includes the Los Angeles Rams, Denver Nuggets and Colorado Avalanche. Financial details of the deal were not immediately clear. Kroenke Sports is