Arsenal owner Stan Kroenke spends big in California


While Arsenal manager Arsene Wenger was busy looking after the clubs pennies by not signing anything other than one loan deal for the Gunners during the month of January the same cannot be said of the clubs principle shareholder Stan Kroenke who according to ESPN has just purchased 60 acres of land in Inglewood, California leading to speculation that he will be building a new Stadium for the St. Louis Rams NLF team.

Inglewood is just outside of Los Angeles, the city the Rams played in from 1946 to 1994 before moving to St. Louis and with the lease running out on the stadium they play in now expiring next year the speculation is that Kroenke wants to take his American football franchise back to Hollywood where there is a much more lucrative television audience to be gained from the populous Los Angeles market.

Not wanting to create uproar from fans in the Rams current home city of St. Louis NFL Commissioner Rodger Goodell is playing down talk of for what all intents and purposes looks like a plan the take the team back to Southern California.

 “Stan is a very successful developer,” Goodell said. “He has billions of dollars of projects that are going on around the country of real estate development. I think instead of overreacting we should make sure we do what’s necessary to continue to support the team locally, which the fans have done in St. Louis, and make sure we can do whatever we can to make sure that team is successful in the St. Louis market.”

At the end of the day if Kroenke thinks he will make more money in California than in Missouri what the fans think and their loyalty to the team will not even come into the equation.