Arsenal appoint majority shareholder Stan Kroenke's son Josh as a non-executive director
The appointment is said to 'reaffirm the family's long-term commitment to the club'
Thursday 05 December 2013
The son of Arsenal majority shareholder Stan Kroenke has been appointed a non-executive director at the Barclays Premier League leaders.
Arsenal confirmed on Thursday evening that Josh Kroenke will take on the position in a move the 33-year-old said would "reaffirm our family's long-term commitment to the club".
Kroenke, a financial management graduate of the University of Missouri, is set to combine the role with his duties with the family's sporting empire in the United States.
"It is an honour to join the board of Arsenal," he said in a statement.
"This reaffirms our family's long-term commitment to the club.
"Arsenal is in a strong position on and off the pitch. We are enjoying a period of growth for Arsenal and the Premier League. We look forward to an exciting future that includes winning trophies, increasing our already impressive support around the globe and extending our commercial opportunities.
"We strongly feel our experience in sports management, marketing and broadcast will be an asset to an already impressive board."
Announcing the appointment, Arsenal chairman Sir Chips Keswick said: "We are delighted to welcome Josh Kroenke to the board of Arsenal. He has great experience in running sports organisations and brings extensive knowledge of what is required to succeed as we develop our club for the future."
Josh Kroenke has been heavily involved with the family's three sporting franchises in Colorado and is in his seventh year at the Denver Nuggets, the past three serving as the NBA club's president and governor.
The Nuggets registered a franchise best 57-25 win-loss record last season - losing just three of their 41 home games - which earned George Karl the NBA's Coach of the Year award. Despite that Karl was fired by the club after a first-round play-off exit.
Josh Kroenke is also president of the Colorado Avalanche NHL ice hockey team, who are enjoying their best ever start to a season, and is the alternate governor of the Colorado Rapids Major League Soccer team.
The Arsenal statement also said Josh Kroenke worked "closely with Kroenke Sports & Entertainment executives on multiple business operation issues, ranging from finance to marketing".
Latest in Sport
Eden Hazard exclusive interview: All is rosy in the garden of Eden
Arsenal vs Monaco: Theo Walcott 'involved in spat' with fans after Champions League defeat
Paul Scholes: Jose Mourinho's attempt to influence football's decision-makers is not working. In fact, it may have backfired
It's time to stop the 'small club' jibes after Chelsea signed £200m Yokohama deal
After record-breaking £5.136bn Premier League TV deal, why are Everton the only British club to win in Europe?
- 1 The black and blue dress: Makers considering a white and gold version
- 2 Husband and wife die holding hands within hours of each other after 67 years of marriage
- 3 What color is The Dress, white and gold or blue and black? An eyewitness gives a definitive answer
- 5 Fearne Cotton quits Radio 1 after ten years for 'family and new adventures'
New theory could prove how life began and disprove God
Half of Ukip voters say they are prejudiced against people of other races
'Cash for access' scandal: Sir Malcolm Rifkind says 'unrealistic' for MPs to live on £67,000 salary
This is what it's like to be dead, according to a guy who died for a bit
'Jihadi John': CAGE representative storms off Sky News accusing Kay Burley of Islamophobia
Aqsa Mahmood branded a 'disgrace' by her parents after claims she recruited three UK girls flying to Middle East