Stan Kroenke

Kroenke increases stake in Arsenal to 20 per cent

Kroenke increases stake in Arsenal to 20 per cent London - United States sports tycoon Stan Kroenke has increased his stage at English Premier League side Arsenal from 12 to over 20 per cent

Kroenke, who has been a member of the Arsenal board since last September, paid 42.5 million pounds (60.3 million dollars) for a third of fellow director Daniel Fiszman's stake in the Gunners.