Arsenal: "It is very important for the Club to be successful commercially" (Stan Kroenke)

News Tank Football - Paris - News #10943 - Published on

"None of us up here [on the board], fans, players, or Arsène [Wenger] are happy until we have won championships and trophies. We have said that over and over again and are committed to that," said the American businessman Stan Kroenke, the majority shareholder (66.83%) of Arsenal (Premier League, ENG) at the club's general shareholders' meeting, on the 17/10/2013.

Arsenal recorded a turnover of €288.5 million in 2012/13, an increase of 3.2%. The club's commercial revenues grew 20% to €73.6 million, thanks to the renegotiation of their partnership with Emirates airline. The new contract also includes the naming rights of the stadium and is estimated at €37 million per year until the 2018/19 season.

"When you try to build towards that (winning trophies), it is very important for the club to be successful commercially, and we are very pleased with the progress we have made in that area. We have come a long way, with the debts of the club being paid down, the commercial revenues are increasing in a nice way", said Stan Kroenke.

"Certainly you guys are aware of the Emirates deal. We have…


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