Who Owns Arsenal: Ownership Insights

• Arsenal Football Club is fully owned by American billionaire Stan Kroenke through Kroenke Sports & Entertainment (KSE), which controls 100% of Arsenal Holdings plc as of November 2025.
• Josh Kroenke, Stan Kroenke’s son, serves as Co-Chairman, actively overseeing operations, strategic planning, and football development in London.
• The Kroenke family’s single-ownership model gives Arsenal long-term financial stability, unified decision-making, and clear control over both business and sporting strategy.

Arsenal Football Club stands as one of the most iconic and influential football clubs in the world. Founded in the late 19th century, it has evolved from humble industrial beginnings into a powerhouse of global sport and business. Headquartered in North London, Arsenal combines over a century of football tradition with modern innovation, strong commercial strategy, and worldwide fan appeal.

As of November 2025, Arsenal competes in the English Premier League and is valued at approximately $3.4 billion, ranking among the world’s most valuable football clubs. The team plays its home matches at the Emirates Stadium, an architectural landmark with a capacity of over 60,000 spectators. Arsenal is owned by Stan Kroenke, an American billionaire, through Kroenke Sports & Entertainment (KSE).

The club is globally recognized not only for its success on the field but also for its distinct footballing philosophy, historical contributions to English football, and business excellence. Arsenal has built a brand synonymous with style, youth development, and global influence. Its footballing ethos—intelligent play, technical skill, and attacking flair—was epitomized under the management of Arsène Wenger, who transformed the club in the modern era.

Arsenal Founders and Origins

Arsenal’s story began in 1886 when a group of workers at the Woolwich Arsenal Armament Factory in southeast London decided to form a football team. They initially called it Dial Square, after a workshop inside the factory. Soon after, the team was renamed Royal Arsenal, representing the workers’ pride in their community and trade.

In 1893, Arsenal turned professional and joined the Football League, becoming the first club from southern England to do so. The club later changed its name to Woolwich Arsenal. However, financial struggles and limited local support led to a major turning point in 1913, when businessman Henry Norris orchestrated a move north to Highbury in North London.

This relocation marked the beginning of a new era. Arsenal dropped “Woolwich” from its name, officially becoming Arsenal Football Club. Over the next decades, Arsenal would transform into one of England’s most dominant and innovative football institutions. The appointment of Herbert Chapman as manager in the late 1920s revolutionized the club. Chapman introduced modern tactics, shirt numbers, and floodlights—ideas that shaped football globally. His influence laid the foundation for Arsenal’s rise as a symbol of professionalism and innovation.

Major Milestones in Arsenal’s History

• 1886: Arsenal is founded as Dial Square by munitions workers at the Woolwich Arsenal Armament Factory in South London.
• 1887: The club changes its name to Royal Arsenal and begins playing competitive matches.
• 1891: Royal Arsenal turns professional, becoming one of the first southern English clubs to do so.
• 1893: Arsenal joins the Football League under the name Woolwich Arsenal, becoming the first club from southern England to enter the league system.
• 1895: The club adopts the cannon as its emblem, a symbol that remains central to its identity today.
• 1904: Woolwich Arsenal earns promotion to the First Division for the first time.
• 1910: Financial difficulties lead to new investors stepping in to save the club.
• 1913: Businessman Henry Norris orchestrates the club’s relocation from Plumstead to Highbury in North London — marking the start of the modern Arsenal era.
• 1914: The club officially drops “Woolwich” from its name, becoming simply Arsenal Football Club.
• 1919: Arsenal gains promotion to the First Division after World War I, establishing a permanent presence in top-flight football.
• 1925: Herbert Chapman becomes manager, revolutionizing tactics, training, and professional standards within English football.
• 1930: Arsenal wins its first FA Cup, defeating Huddersfield Town 2–0.
• 1931: Arsenal captures its first League Championship, beginning a golden era of dominance.
• 1933: The club introduces its now-iconic red shirt with white sleeves, designed by Chapman.
• 1934: Chapman passes away suddenly; George Allison continues his legacy and leads Arsenal to more titles.
• 1935: Arsenal wins its third consecutive league title, setting a record in English football.
• 1953: Arsenal wins its seventh league title, ending the early post-war era as one of England’s most successful clubs.
• 1970: The club lifts its first European trophy, the Inter-Cities Fairs Cup.
• 1971: Arsenal achieves the League and FA Cup Double, cementing its status as an elite English club.
• 1979: The team wins a memorable FA Cup Final against Manchester United, 3–2, with Alan Sunderland’s late winner.
• 1986: George Graham is appointed manager, ushering in a defensively disciplined and successful new era.
• 1989: Arsenal wins the First Division title at Anfield in dramatic fashion, defeating Liverpool 2–0 with a last-minute goal from Michael Thomas.
• 1991: The club captures another league title, losing only one game all season.
• 1993: Arsenal wins both the FA Cup and League Cup, the first club to do the domestic cup double.
• 1994: Arsenal secures the European Cup Winners’ Cup, defeating Parma in the final.
• 1996: Arsène Wenger is appointed as the first foreign manager in Arsenal’s history, revolutionizing training, nutrition, and tactics.
• 1998: Arsenal wins the Premier League and FA Cup Double under Wenger’s leadership.
• 2002: Arsenal wins another Double, repeating the Premier League and FA Cup triumph.
• 2003–04: The “Invincibles” complete an entire Premier League season unbeaten — a historic achievement unmatched in modern English football.
• 2006: Arsenal moves from Highbury to the new Emirates Stadium, increasing capacity and global reach.
• 2006: Arsenal reaches its first-ever UEFA Champions League Final, losing narrowly to Barcelona.
• 2014: The club ends a nine-year trophy drought, winning the FA Cup against Hull City.
• 2015: Arsenal defends the FA Cup, defeating Aston Villa in the final.
• 2017: Wenger wins his record seventh FA Cup, the most by any manager in the competition’s history.
• 2018: Stan Kroenke completes his full takeover, making Arsenal a privately owned club under Kroenke Sports & Entertainment (KSE).
• 2019: Arsenal reaches the Europa League Final, though loses to Chelsea in Baku.
• 2020: Under Mikel Arteta, Arsenal wins another FA Cup, defeating Chelsea and marking a new managerial chapter.
• 2022: Arsenal begins rebuilding its squad under Arteta with an emphasis on youth and pressing football, regaining Champions League qualification prospects.
• 2023: Arsenal mounts a strong Premier League title challenge, finishing second after leading the table for most of the season.
• 2024: Arsenal returns to the UEFA Champions League and records the highest annual revenue in club history, surpassing €700 million.
• 2025: Arsenal remains among Europe’s top-performing clubs under Mikel Arteta, maintaining title contention, modernizing its youth development program, and expanding its global academy network across the United States, Asia, and Africa.

Who Owns Arsenal?

As of November 2025, Arsenal is owned by Stan Kroenke through his company Kroenke Sports & Entertainment (KSE). The American businessman gained full ownership in 2018 after buying out all remaining shares.

Arsenal’s current ownership model is centralized, privately held, and family-led. All significant decisions are made by Stan Kroenke and Josh Kroenke, with operational execution handled by the club’s executives and football management team.

The Arsenal Board of Directors, co-chaired by Stan and Josh, includes representatives from KSE and senior club officials. This structure ensures that Arsenal’s financial, sporting, and commercial activities are aligned with the long-term strategy defined by the ownership group.

Kroenke Sports & Entertainment (KSE) – The Parent Company

Kroenke Sports & Entertainment (KSE) serves as the umbrella company for all of Stan Kroenke’s sports and entertainment assets. Headquartered in Denver, Colorado, KSE manages teams, arenas, real estate, and media ventures across the U.S. and Europe. Arsenal is one of its most prominent international holdings.

KSE oversees Arsenal through KSE UK Inc., which is registered in the United Kingdom. It provides strategic oversight, financial management, and governance coordination. This means Arsenal operates within a larger sports business ecosystem — allowing for cross-promotion, sponsorship synergies, and shared best practices in sports operations.

Through KSE, Arsenal benefits from advanced analytics, branding experience, and global marketing expertise that have been developed across other KSE franchises. However, the structure also means that all major decisions — including stadium naming rights, sponsorship partnerships, and board appointments — must align with KSE’s long-term investment strategy.

KSE prioritizes sustainability and brand equity over short-term spending. This philosophy has guided Arsenal’s approach to financial management and squad development. In recent years, this has translated into heavy but strategic investments in young players, training infrastructure, and data-driven recruitment — reflecting KSE’s broader sports model.

Stan Kroenke – Majority and Controlling Owner

Stan Kroenke is an American businessman and sports magnate best known for building one of the largest sports empires in the world. Born in 1947 in Missouri, USA, he is the founder of Kroenke Sports & Entertainment (KSE) — a conglomerate that owns and manages teams across multiple sports, including the Los Angeles Rams (NFL), Denver Nuggets (NBA), Colorado Avalanche (NHL), and Colorado Rapids (MLS).

Kroenke’s involvement in Arsenal began in 2007, when he purchased an initial 9.9% stake in the club. Over the next decade, he gradually increased his shareholding, ultimately completing a 100% buyout in August 2018, making Arsenal a privately owned club.

Ownership Stake and Structure

Stan Kroenke’s ownership is exercised through KSE UK Inc., which wholly owns Arsenal Holdings plc, the parent company of Arsenal Football Club. This structure means every share in Arsenal Holdings is controlled by KSE, giving Kroenke full ownership and voting control.

Under this arrangement, Arsenal is no longer listed on the PLUS market, the exchange where shares once traded among minority investors. Since 2018, all public shareholding has been removed, and the club now operates as a private entity.

Role and Decision-Making Control

Stan Kroenke oversees Arsenal’s long-term business strategy rather than daily operations. He sets the strategic direction for the club — approving key hires, budgets, and investment plans. His focus has been on financial stability, commercial expansion, and long-term competitiveness.

Kroenke’s approach mirrors his American sports model: sustainable growth, infrastructure investment, and global brand development. His influence extends across all strategic matters — from stadium partnerships to global sponsorships and youth academy expansion.

Between 2023 and 2025, Kroenke has continued to back Arsenal’s sporting rebuild under Mikel Arteta. He has approved significant investments in player recruitment and training facilities, reflecting a shift toward long-term competitiveness. The club’s improved performance and record revenues in 2024 have strengthened his ownership position and justified his hands-off but strategic management style.

Josh Kroenke – Co-Chairman and Active Representative

Josh Kroenke, Stan Kroenke’s son, is the Co-Chairman of Arsenal Football Club and plays an active role in its day-to-day strategic operations. Born in 1980, Josh has a strong background in sports management, serving in leadership roles across other KSE-owned teams, including the Denver Nuggets and Colorado Avalanche.

He has become the public face of the Kroenke family’s ownership of Arsenal, representing the club at board meetings, media events, and high-level management discussions.

Responsibilities and Role

Josh acts as a bridge between KSE headquarters in the U.S. and Arsenal’s executive team in London. He is responsible for overseeing club performance, ensuring alignment with KSE’s global vision, and managing communication between ownership and the board.

Josh is also deeply involved in major decision-making areas such as player transfers, commercial deals, and long-term sporting strategy. Under his leadership, Arsenal has seen a renewed focus on youth development, sustainable recruitment, and fan engagement initiatives.

As of November 2025, Josh Kroenke has become an increasingly visible figure in the club’s operations. He has been instrumental in guiding Arsenal’s modernization strategy — supporting the rebuild under Mikel Arteta and approving upgrades to training facilities and global academy networks. His growing involvement signals a transition of operational leadership within the Kroenke family while maintaining Stan Kroenke’s overall authority.

Arsenal Ownership History

The ownership history of Arsenal Football Club tells the story of its transformation from a small, community-led football team in South London into a privately held global sports enterprise.

Since its founding in 1886, Arsenal’s ownership has evolved through several distinct eras — from local industrial beginnings and family stewardship to corporate and international control.

Each stage has shaped not only how the club is managed, but also its culture, governance, and long-term strategy.

The Founding Era (1886–1910)

Arsenal’s story began in 1886 when a group of munitions workers from the Woolwich Arsenal Armament Factory formed a football club called Dial Square. The club was a collective effort, owned and operated by the workers themselves — a cooperative spirit that defined its early years.

Soon renamed Royal Arsenal, the club enjoyed rapid success in local competitions, prompting it to turn professional in 1891. Two years later, it became Woolwich Arsenal, joining the Football League as the first club from southern England.

However, by the early 1900s, the club’s location in South London proved financially limiting due to small crowds and poor transport links. Financial troubles loomed, and the club entered administration in 1910, marking the end of its community-led ownership.

The Henry Norris and Early Corporate Era (1910–1929)

In 1910, businessman Sir Henry Norris — then a director at Fulham F.C. — intervened to save the club from bankruptcy. Norris acquired the struggling Woolwich Arsenal and initiated sweeping changes that would alter its destiny.

One of his boldest decisions came in 1913, when he relocated the club from Plumstead (South London) to Highbury (North London). This move transformed Arsenal’s geographical and financial outlook. The club was rebranded simply as Arsenal Football Club the following year.

Under Norris’s direction, Arsenal also benefited from his political connections — controversially gaining promotion to the First Division in 1919 after World War I. Though his tenure ended in 1929 following a Football Association inquiry into financial irregularities, Norris set the foundation for Arsenal’s long-term stability and North London identity.

The Hill-Wood Family Era (1929–1990s)

Following Norris’s departure, Arsenal’s ownership and governance shifted to the Hill-Wood family, who would dominate the club’s boardroom for nearly seven decades.

The Hill-Woods were a prominent banking family deeply rooted in traditional English football governance. Under Samuel Hill-Wood and later his descendants, Arsenal became one of the most respected and stable clubs in the country. The family’s long stewardship was marked by consistency, financial prudence, and loyalty to English football traditions.

During this period, Arsenal achieved remarkable on-field success, particularly under Herbert Chapman in the 1930s and later with managers like Bertie Mee, George Graham, and Arsène Wenger. The Hill-Wood family’s steady leadership maintained Arsenal’s independence and reputation for class, even as other clubs faced turmoil.

The Dein and Bracewell-Smith Influence (1980s–2000s)

In the 1980s, the club’s ownership began to diversify beyond the Hill-Wood family. Businessman David Dein, who joined the board in 1983, purchased shares and played a transformative role in modernizing the club.

Dein was instrumental in bringing Arsène Wenger to Arsenal in 1996, a move that revolutionized English football through new training methods, nutrition, and playing philosophy. During this time, the Bracewell-Smith family, longtime shareholders, also held a significant portion of the club, continuing the tradition of family investment in Arsenal’s governance.

By the early 2000s, Arsenal’s move to the Emirates Stadium required substantial financing. This project prompted a shift in shareholder dynamics, as new investors were sought to fund the stadium and modernize operations.

The Entry of Foreign Investors (2007–2011)

The first major step toward foreign ownership came in 2007, when American billionaire Stan Kroenke purchased a 9.9% stake in Arsenal from ITV, the broadcasting company that held minority shares. Around the same time, Alisher Usmanov, a Russian businessman, entered the picture by acquiring shares through Red & White Holdings.

This set up a period of shareholder rivalry, as both Kroenke and Usmanov sought to increase their stakes. Kroenke’s strategy was gradual — he steadily acquired shares from legacy holders such as Danny Fiszman, Nina Bracewell-Smith, and members of the Hill-Wood family.

By April 2011, Kroenke had secured over 62% of Arsenal Holdings plc, making him the majority shareholder. Meanwhile, Usmanov’s stake peaked at around 30%, but he was excluded from the board and had limited influence on decisions.

The Full Takeover and Privatization (2018)

In August 2018, Stan Kroenke completed his long-term plan to become Arsenal’s sole owner. He purchased Alisher Usmanov’s remaining 30% stake, giving him 100% control of the club.

This move also meant that Arsenal was delisted from the PLUS stock exchange, ending public share trading and minority ownership entirely. The club became a private entity under Kroenke’s holding company, KSE UK Inc.

Since then, all shares in Arsenal Holdings plc have been owned by KSE, making the Kroenke family the exclusive owners of Arsenal Football Club.

The Kroenke Family Era (2018–2025)

Under full Kroenke control, Arsenal entered a new phase of stability and global branding. The ownership is structured under Kroenke Sports & Entertainment (KSE), with Stan Kroenke as the ultimate owner and Josh Kroenke serving as Co-Chairman and operational representative.

While Stan Kroenke oversees strategic investments, his son Josh has become increasingly influential in club affairs. Between 2023 and 2025, Josh Kroenke has been actively involved in sporting direction, transfer policy, and global academy expansion.

The KSE era has emphasized financial sustainability, modernization, and global commercial growth — a model influenced by American sports management principles. Arsenal has since recorded strong revenue growth, consistent competitiveness in the Premier League, and a redefined brand image as a progressive, data-driven club.

Stan Kroenke Net Worth

As of November 2025, Stan Kroenke’s net worth stands at approximately $21.3 billion. This figure has grown steadily since 2020, driven by surging franchise valuations and real estate gains.

Kroenke’s diversified portfolio — spanning from the Los Angeles Rams (NFL) to Arsenal (Premier League) — has benefited from booming sports broadcasting rights, increasing stadium revenues, and strategic brand partnerships. His company, KSE, is estimated to have a combined sports and entertainment asset value of over $21 billion, representing one of the most valuable private sports portfolios in the world.

Primary Sources of Wealth

Real Estate Empire

Stan Kroenke’s fortune began with property development. He founded The Kroenke Group and THF Realty, both of which focus on commercial real estate, retail centers, and large-scale developments across the United States. His expertise in property investment has made him a billionaire many times over, with his real estate ventures spread across 30 U.S. states, including vast shopping complexes and commercial spaces near major retail chains.

Kroenke’s background in real estate provided the financial foundation that later enabled his expansion into the sports industry. His companies continue to generate significant annual income through leasing, retail partnerships, and property appreciation.

Sports Franchises

Kroenke’s entry into sports ownership began in the 1990s and has since evolved into one of the most successful multi-sport portfolios worldwide. Through Kroenke Sports & Entertainment, he owns:

• Los Angeles Rams (NFL) – Super Bowl champions in 2022, with a franchise valuation exceeding $6 billion.
• Denver Nuggets (NBA) – 2023 NBA champions, significantly boosting the franchise’s worth.
• Colorado Avalanche (NHL) – One of the leading teams in U.S. ice hockey, with multiple title wins under KSE.
• Colorado Rapids (MLS) – Part of his early sports ventures, establishing Kroenke’s influence in U.S. soccer.
• Arsenal F.C. (Premier League) – Acquired full ownership in 2018, valued at around $3.4 billion as of 2025.

The performance and valuation of these franchises form a substantial part of Kroenke’s net worth. As the sports industry has expanded globally, the appreciation of team values has become a major driver of his personal fortune.

Agricultural and Land Holdings

Kroenke is also one of the largest private landowners in the United States. His agricultural and ranching properties cover more than 1.6 million acres, spread across Montana, Wyoming, and Texas. This includes the historic W.T. Waggoner Ranch in Texas, purchased in 2016 and valued at over $725 million.

These vast land holdings not only provide steady income through farming, ranching, and leasing operations but also serve as appreciating assets in his diversified portfolio.

Business Growth and Wealth Expansion (2020–2025)

Between 2020 and 2025, Stan Kroenke’s wealth has seen consistent growth despite global economic challenges. The sharp rise in franchise valuations across U.S. sports leagues, especially following the NFL’s record media rights deals, has significantly boosted his portfolio.

The Los Angeles Rams’ relocation to Los Angeles and the opening of the $5 billion SoFi Stadium in Inglewood — a project Kroenke personally financed — has been a cornerstone of his wealth expansion. SoFi Stadium serves as a multi-purpose venue for both sports and entertainment, enhancing the value of Kroenke’s overall holdings.

His ownership of Arsenal has also benefited from increased club valuation, higher commercial revenues, and a successful sporting resurgence under manager Mikel Arteta, with 2024 seeing record-breaking revenue of €716.5 million.

Role of Kroenke Sports & Entertainment

KSE serves as the umbrella company for Kroenke’s entire investment empire. Established in 1999, it manages not only sports franchises but also media networks, real estate, and esports. The company’s diverse assets include:

• Altitude Sports and Entertainment (regional TV network)
• SoFi Stadium (jointly used by Rams and Chargers)
• Ball Arena in Denver (home to the Nuggets and Avalanche)

Through KSE, Kroenke manages his holdings with a focus on synergy — maximizing cross-promotional value among his teams and leveraging global partnerships. This integrated model has allowed KSE to grow into a conglomerate valued at over $21 billion, one of the largest privately owned sports empires in the world.

Influence on Arsenal’s Financial Stability

Stan Kroenke’s immense wealth has given Arsenal financial stability and long-term security. While he has often faced criticism from fans for perceived caution in direct spending, his ownership has ensured that the club operates debt-free and maintains a sustainable model aligned with UEFA Financial Fair Play regulations.

Under his leadership, Arsenal has invested heavily in youth development, global academy expansion, and infrastructure — including upgrades to the Emirates Stadium and the London Colney training facilities.

Moreover, Kroenke’s financial backing provides Arsenal with the ability to make strategic transfers and maintain competitiveness without risking financial instability.

Arsenal Net Worth

As of November 2025, Arsenal Football Club has an estimated net worth of $3.4 billion, placing it among the top ten most valuable football clubs in the world. This valuation reflects Arsenal’s continued financial growth, global fanbase expansion, and resurgence on the pitch under its current leadership. A combination of commercial revenue, brand value, infrastructure, and sporting performance shapes the club’s net worth.

The club’s ownership structure under Kroenke Sports & Entertainment (KSE) ensures financial stability and long-term investment planning. Arsenal’s value now rivals top European clubs such as Bayern Munich and Paris Saint-Germain in terms of overall brand power and commercial influence.

Despite occasional operating losses, Arsenal remains profitable on a long-term basis due to diversified income streams and prudent financial management. The club’s model focuses on sustainable reinvestment rather than short-term profit-taking — a strategy that has enhanced both its sporting and financial reputation.

Revenue Growth and Financial Performance

Arsenal achieved record annual revenue of approximately €716.5 million ($770 million) in the 2023–24 season, marking a major milestone in the club’s modern financial history. This growth was driven by three core areas:

1. Matchday Income – The Emirates Stadium continues to generate one of the highest gate receipts in world football, with near-capacity crowds and premium hospitality sales contributing significantly to overall revenue.
2. Broadcasting Revenue – Arsenal’s return to the Champions League, combined with a strong domestic performance, significantly boosted television and prize money earnings.
3. Commercial and Sponsorship Deals – The club has expanded its partnerships globally, securing long-term sponsorship agreements with top brands in technology, finance, and sportswear.

In addition, Arsenal’s digital and merchandising operations have seen strong growth, fueled by a rapidly expanding international fanbase and enhanced online presence across Asia and North America.

Brand Value and Global Influence

Arsenal’s brand remains one of the most recognizable in world football. Its value is estimated at over $1.2 billion, making it one of the most marketable clubs globally. The club’s global fanbase — estimated at over 80 million supporters worldwide — continues to grow thanks to strong outreach initiatives, youth academies, and digital engagement.

The “Arsenal Way” — known for its attacking football philosophy, community involvement, and focus on class and tradition — has made the brand not just a football name but a global identity. Arsenal’s partnerships with international academies and its popularity in markets such as the United States, India, Nigeria, and Japan have further increased its commercial appeal.

The women’s team, Arsenal Women, has also strengthened the brand’s value. As one of the most successful women’s football teams in Europe, it contributes significantly to the club’s overall image, sponsorship opportunities, and social impact.

Infrastructure and Asset Value

Arsenal’s Emirates Stadium, opened in 2006 at a cost of approximately £390 million, remains one of its most valuable physical assets. The state-of-the-art arena contributes heavily to matchday and commercial income through hospitality suites, corporate events, and retail operations.

The club also benefits from a world-class training facility at London Colney, an academy at Hale End, and expanding global partnerships that add to its asset base. These facilities not only enhance player development but also boost Arsenal’s valuation through tangible infrastructure ownership.

The Emirates Stadium’s naming rights, corporate boxes, and consistent sell-out attendance ensure that the club remains among the top earners in stadium-generated income.

Investment and Financial Sustainability

Under the ownership of Stan and Josh Kroenke, Arsenal has transitioned into a financially disciplined organization focused on sustainable growth rather than short-term spending. The club operates without significant debt, relying on revenue and strategic investment rather than external borrowing.

This fiscal stability has allowed Arsenal to maintain a balance between commercial growth and footballing investment. Player recruitment has been guided by data analytics, youth development, and long-term planning — resulting in both improved performances and asset appreciation in player value.

Furthermore, Arsenal’s commitment to sustainability extends beyond finances. The club has been recognized for its environmental initiatives, operating as one of the most eco-friendly football clubs in Europe, with a focus on reducing carbon emissions and promoting green energy use at its facilities.

Comparative Position in Global Football

With a net worth of $3.4 billion, Arsenal ranks among the top 10 most valuable clubs globally in 2025, alongside giants like Real Madrid, Manchester United, Barcelona, and Bayern Munich. The club’s consistent revenue growth, international appeal, and brand diversification continue to drive its rising valuation.

While it trails behind some rivals in overall revenue, Arsenal’s financial structure is considered healthier due to lower debt levels and strong operational efficiency. Its emphasis on long-term stability rather than aggressive external financing distinguishes it from many competitors.

Arsenal Leadership

As of 2025, Arsenal’s leadership represents a new era of professionalism and global ambition. With Stan and Josh Kroenke providing ownership stability, a modernized board enhancing governance, and executives like Richard Garlick, Andrea Berta, and Mikel Arteta driving daily operations, the club is positioned for sustained success.

Key members include:

• Stan Kroenke – Co-Chairman
• Josh Kroenke – Co-Chairman
• Richard Garlick – Chief Executive Officer (from September 2025)
• Andrea Berta – Sporting Director (appointed March 2025)
• Kelly Blaha – Non-Executive Director, specializing in corporate finance and compliance
• Otto Maly – Non-Executive Director, focused on real estate and infrastructure strategy
• Dave Steiner – Non-Executive Director, advisor on financial operations and auditing
• Ben Winston – Non-Executive Director, expert in branding and media relations.

Ownership Leadership

Stan Kroenke – Owner and Co-Chairman

Stan Kroenke remains the ultimate authority at Arsenal. As the owner and founder of Kroenke Sports & Entertainment (KSE), he sets the strategic direction for the club’s business and sporting objectives. His leadership emphasizes sustainable growth, brand expansion, and asset development over short-term risk-taking.

Although Kroenke remains based in the United States, his influence is deeply felt through long-term investment policies, global sponsorship initiatives, and strategic hiring at board and executive levels. His focus in recent years has been on ensuring Arsenal’s continued global relevance and financial stability amid an increasingly competitive football economy.

Josh Kroenke – Co-Chairman and Active Executive Leader

Josh Kroenke plays an increasingly pivotal role in Arsenal’s management. As Co-Chairman, he acts as the bridge between ownership in the U.S. and the executive leadership in London. His responsibilities include overseeing major strategic decisions, approving sporting budgets, and guiding the club’s international growth strategy.

Josh is the public face of the Kroenke family in football matters, engaging regularly with the board, sporting director, and first-team management. In recent years, he has been particularly influential in reshaping Arsenal’s recruitment model, global brand positioning, and youth development strategy. His growing presence signals a generational shift in the club’s leadership dynamic.

Executive Management

Richard Garlick – Chief Executive Officer (2025–Present)

Appointed CEO in September 2025, Richard Garlick oversees all day-to-day business operations at Arsenal. A former Managing Director at the club, Garlick’s promotion signaled a shift toward integrated leadership, merging football and corporate decision-making under a unified executive office.

Garlick’s focus includes expanding commercial partnerships, optimizing operational efficiency, and driving the club’s digital transformation strategy. He also plays a key role in sustainability initiatives, financial planning, and ensuring compliance with Premier League and UEFA regulations. His pragmatic approach aligns closely with the Kroenke family’s business philosophy of measured, data-informed growth.

Andrea Berta – Sporting Director

In March 2025, Arsenal appointed Andrea Berta, a highly respected Italian football executive, as Sporting Director. Previously with Atlético Madrid, Berta is renowned for his recruitment expertise, tactical understanding, and ability to build competitive squads under financial discipline.

Berta’s appointment was a major statement of intent, reflecting Arsenal’s ambition to blend elite European sporting management with its strategic vision. His responsibilities include overseeing player recruitment, scouting, analytics, and development across both the men’s and women’s teams.

Berta works directly with Mikel Arteta to ensure seamless coordination between the technical team, data analysts, and youth academy operations. His arrival has also enhanced Arsenal’s reputation as a club capable of attracting world-class executive talent.

Vinai Venkatesham – Transition and Advisory Role

Although Vinai Venkatesham stepped down as CEO earlier in 2025, he continues to serve as a transitional advisor within KSE’s football network. His legacy includes leading Arsenal through the post-pandemic recovery period, expanding international partnerships, and promoting digital growth across fan engagement platforms.

Football Leadership and Technical Staff

Mikel Arteta – First-Team Manager

Mikel Arteta remains the cornerstone of Arsenal’s footballing project in 2025. Appointed in late 2019, he has evolved from a promising young coach into one of Europe’s leading managers. Under his leadership, Arsenal has returned to Champions League competition, challenged for domestic titles, and reestablished its attacking, possession-based identity.

Arteta is deeply involved in every level of the club’s football operations — from senior team management to youth integration and player development philosophy. His tactical sophistication and focus on leadership culture have made Arsenal’s sporting project one of the most admired in world football.

Per Mertesacker – Academy Director

Former Arsenal captain Per Mertesacker continues to oversee the Hale End Academy, where he has successfully implemented a holistic approach to player development. The academy has produced several first-team regulars, including Bukayo Saka and Emile Smith Rowe, and remains a vital part of the club’s strategy under Arteta and Berta.

Zafar Iqbal – Head of Sports Medicine and Performance

Dr. Zafar Iqbal leads the club’s medical and performance division, responsible for injury prevention, player rehabilitation, and health optimization. Under his direction, Arsenal has integrated modern sports science technologies, contributing to improved fitness levels and squad durability throughout the demanding Premier League calendar.

Leadership Vision and Philosophy

Arsenal’s leadership in 2025 is defined by a clear strategic alignment between ownership, board governance, and executive execution. The club operates under three guiding principles:

1. Sustainability and Stability – Ensuring financial prudence while maintaining competitiveness.
2. Footballing Excellence – Building teams through innovation, youth, and tactical evolution.
3. Global Growth – Expanding Arsenal’s reach across international markets through brand partnerships and digital engagement.

This collaborative model has created a leadership culture where business and football coexist under a unified long-term vision — to make Arsenal both a financially elite institution and a consistently competitive football powerhouse.

Conclusion

Under the leadership of Stan and Josh Kroenke, the answer to who owns Arsenal defines the club’s current era of stability, ambition, and global influence. Backed by Kroenke Sports & Entertainment, Arsenal has grown into a $3.4 billion powerhouse in 2025, combining strong financial foundations with renewed on-field success. This ownership model has transformed Arsenal into a modern football institution — one that honors its historic legacy while embracing innovation, sustainability, and long-term vision for the future.

FAQs

Who owns Arsenal Holdings plc?

Arsenal Holdings plc is fully owned by Stan Kroenke through his company Kroenke Sports & Entertainment (KSE). As of 2025, KSE controls 100% of the shares, making it the sole owner of the club’s parent company.

Who is Stan Kroenke?

Stan Kroenke is an American billionaire businessman, real estate developer, and sports magnate. He is the founder of Kroenke Sports & Entertainment (KSE), which owns multiple sports teams including the Los Angeles Rams (NFL), Denver Nuggets (NBA), and Arsenal F.C. He is known for his long-term investment approach and strategic management of global sports assets.

Who was the owner of Arsenal before Kroenke?

Before Stan Kroenke gained full control, Arsenal’s ownership was divided among several major shareholders. These included Alisher Usmanov (Red & White Holdings), Danny Fiszman, and Nina Bracewell-Smith, alongside long-standing family stakeholders such as the Hill-Wood and Bracewell-Smith families. Kroenke gradually acquired their shares between 2007 and 2018.

What is Arsenal’s owner’s net worth?

As of November 2025, Stan Kroenke’s net worth is estimated at around $21.3 billion. His wealth comes from real estate development, large-scale property investments, agricultural holdings, and ownership of multiple professional sports franchises under KSE.

Who owns Arsenal Football Club?

Arsenal Football Club is completely owned by Stan Kroenke, through his holding company Kroenke Sports & Entertainment. His son, Josh Kroenke, serves as Co-Chairman and plays an active role in daily management and strategic decisions.

Who owns Emirates Stadium?

The Emirates Stadium is owned by Arsenal Holdings plc, which is in turn fully owned by Stan Kroenke through KSE. This means the stadium is part of Arsenal’s corporate assets and is not rented or leased from an external party.

Is it true that Dangote wants to buy Arsenal?

Yes, Nigerian billionaire Aliko Dangote has publicly expressed interest several times in buying Arsenal, particularly between 2016 and 2021. However, no official bid was ever made, and as of 2025, Stan Kroenke remains the sole owner of the club.

How did Stan Kroenke get rich?

Stan Kroenke built his fortune through real estate development. He founded The Kroenke Group and THF Realty, specializing in shopping centers and commercial properties across the U.S. He later expanded into sports ownership, acquiring major franchises across multiple leagues, which significantly increased his wealth.

Why didn’t Dangote buy Arsenal?

Aliko Dangote never proceeded with an official acquisition bid. Reports suggest that Kroenke Sports & Entertainment was not interested in selling, and Arsenal’s full privatization in 2018 made a takeover extremely difficult. Additionally, Dangote’s focus shifted to his industrial projects, particularly the Dangote Refinery in Nigeria.

Who is the owner of Arsenal Stadium?

The owner of Arsenal Stadium (Emirates Stadium) is Arsenal Holdings plc, controlled by Stan Kroenke. The stadium, completed in 2006, is one of the club’s key assets and contributes significantly to its annual revenue through matchday and commercial operations.

When did Kroenke buy Arsenal?

Stan Kroenke first invested in Arsenal in 2007, purchasing a 9.9% stake from ITV. He became the majority shareholder in 2011 after acquiring shares from Danny Fiszman and Nina Bracewell-Smith, and completed a 100% takeover in August 2018 by buying Alisher Usmanov’s 30% stake.