“From what we can see, the regulator doesn’t want to get involved in the operational, day-to-day activities of clubs.
“Arsenal are generating a PSR profit each year when you take into consideration their investment in infrastructure, the women’s team and the academy.
“Therefore, there is little to worry about from their point of view at present.”
Has Stan Kroenke spoken to Super League 2.0 organisers?
In April 2021 when Arsenal were forced to drop out of the European Super League in response to a furious backlash from fans, Kroenk had to redesign his business plans overnight.
If KSE had taken them into a closed-shop Super League with a £2.7bn prize pot, profits would be guaranteed for the Gunners and their enterprise value would have exploded.
Now, the Super League has returned. A22 Sports Management, the firm funded by Barcelona and Real Madrid to resurrect the breakaway competition, unveiled the ‘Unify League’ late last year.
Arsenal’s position is that they have not entertained any advances from A22 since 2021, when they were sent the clearest of messages by their supporters whose collective will helped the competition’s collapse.
However, A22 CEO Bern Reichart has said he has had conversations with 10 English clubs, many of whom are actively interested in joining the new competition, which they hope will replace the Champions League.
Photo by Jacques Feeney/Getty Images
Photo by Jacques Feeney/Getty Images
Reichart has also insisted that while many clubs have distanced themselves from the project publicly, it is a very different story behind the scenes.
Stan Kroenke proved that he has little reverence for social importance of sport to fans when his relocated the Rams from St Louis to Los Angeles in 2016.
Many analysts believe that this is why an independent regulator with the power to block attempts to join breakaway leagues, stadium and badge changes, and other measures is so important.
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