Why would Kroenke turn down over 1 billion profit from Arsenal sale?
If Stan Kroenkes refuses to sell, his evil cards are officially on the table by T Moore  By now Im sure that most Arsenal fans will be salivating at the idea that Daniel Eks second improved 2 billion bid will tempt the Kroenkes into handing over the reins of the club. When you consider that were just coming out of a world-wide pandemic and economic crash, receiving 2 billion wouldnt be such a bad thing for any businessman! Digging a little deeper into how much profit that would be making the Kroenkes  it would be approximately more than twice the likely total outlay they coughed up to purchase all the shares, which began back in 2007 when they first purchased a 9.9% stake from ITV Holdings. Whilst an exact total figure is unclear, due to all the shares that were individually purchased over time, a rough total figure was circulated to be in the region of 1.029 billion, after Usmanov had been finally brought out in 2018 as the last remaining shareholder standing in Kroenkes way of 100% ownership. The only answer I can think of is the commercial interests of the club to a businessman like Stan Kroenke, outweigh the financial interest let alone any football interest (I think its obvious that isnt in the Kroenke equation whatsoever)! For anyone unfamiliar with what happened recently to a fellow London club, Charlton Athletic, let me tell you about their previous owner, Roland Duchatelet. One of the former directors at the South London Club came forward and exposed Duchatelets business strategy at the time, explaining that the owner didnt want the club to get promoted out of League 1 as the running costs of the club would increase as a result. The plan was to keep running costs as minimal as possible and sell players for profit, money which was never re-invested and likely pocketed by the owner. There was also the small matter of charges put against the assets of the club, and loans taken out against the club as well. This of course sent the Charlton fans into a rage, and Im sure some of you have seen the lengths they went to protest against their owner, including traveling to his home town in Belgium! Now Im not suggesting that Kroenke doesnt want Arsenal to succeed in such a vein, but like Duchatelet, success is not the priority for an owner like him. The benefits of owning an internationally recognised brand like Arsenal Football Club, are commercial, opening the doors to international markets, sponsorship, advertising, a global network to world-wide commerce. You dont get those perks owning an NFL team, which is primarily an American audience and thus American market centred business. If you consider Arsenal before the Kroenke-era, this is a club whose finances were so well set-up, they were able to fund their own stadium build. Yes, admittedly there were a few player sales along the way, but there was no massive debt hanging over the club, or billion pound loans to repay like certain neighbours are now experiencing. And when you consider the template of other owners such as Duchatelet at Charlton, the answer is obvious, the club is being run at the lowest expense to the ownership, while the owner is milking in a steady revenue stream of profit. If you want a further example of Kroenkes sporting track record, look no further than the St Louis Rams NFL team who he purchased in 2010. 5 years later Kroenke moved the team over 1,800 miles to become the LA Rams, telling the fans that St Louis was no longer a viable market for the NFL. The City of St Louis are currently waiting for the Supreme Court to decide whether they are entitled to damages with Stan Kroenke included as one of the defendants. Sounds much rather like a certain move to a European Super League does it not  Thomas Moore