Arsenal owner Stan Kroenke purchases MLB franchise Los Angeles Angels
Dubai: Arsenal owner Stan Kroenke has completed the purchase of Major League Baseball side the Los Angeles Angels in a deal reportedly valued at $4bn. Kroenke, who has held a controlling stake in Arsenal since 2011, now has ownership interests across six of the world’s biggest professional sports leagues. The Angels join the NFL’s Los Angeles Rams, NBA’s Denver Nuggets, NHL’s Colorado Avalanche…
Arsenal owner Stan Kroenke has acquired the Los Angeles Angels Major League Baseball team in a deal reportedly valued at $4 billion, according to the Los Angeles Times. Kroenke, who has owned Arsenal since 2011, now owns stakes in six of the world's premier sports leagues, including the NFL, NBA, NHL, MLS, and the Premier League.
The Angels join a roster of teams under Kroenke's ownership, which also includes the Los Angeles Rams, Denver Nuggets, Colorado Avalanche, and Colorado Rapids. Kroenke expressed excitement about the future of the Angels organization, noting their storied history and a prime market for the franchise.
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