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

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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 the Angels alongside Premier [...]