Arsenal owner Stan Kroenke makes huge decision on stadium after landing $175m deal

Billionaire Stan Kroenke looks set to upgrade the stadiums for several of his sports team after landing a whopping $175million (£135.5million) deal.

The 76-year-old is the owner of numerous sporting heavyweights, including Premier League giants Arsenal, the NFL's Los Angeles Rams and the 2023 NBA champions, the Denver Nuggets.
Kroenke has achieved enormous amounts of success with his franchises having won two Super Bowl's with the Rams and two Stanley Cups with NHL side, the Colorado Avalanche.

The success has come at the perfect time for Kroenke, who has his eyes set on a reign of dominance for his clubs through delivering significant improvements on the arenas of the team's under the Kroenke Sports and Entertainment (KSE) banner.

The Missouri native famously spent over $5billion (£4billion) on SoFi Stadium for the Rams, who won the Super Bowl in 2021 and is planning on moving their practice fields after splashing out $175m (£135.5m) to buy the Warner Center.

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