Arsenal owner Stan Kroenke's net worth rises by £323 million despite coronavirus pandemic

Despite financial effects of coronavirus crisis in Europe, Arsenal owner Stan Kroenke has reportedly seen his personal wealth rise by £323 million since start of 2020. In spite of  Stan Kroenke net worth progressing this year, a majority of Arsenal players accepted a 12.5 percent pay cut. Arsenal stars have also resumed individual training at London Colney base amid rumours of a potential Premier League return.

ALSO READ: Man City Players Joked About Signing Cristia Ronaldo And Lionel Messi After Takeover

Arsenal owners: Stan Kroenke net worth

Stan Kroenke became solitary Arsenal owner back in September 2018 after owning a 90 percent stake at rth London club. Arsenal owners, under Kroenke Sports and Entertainment company, bought out  30 percent share from Russian oligarch Alisher Usmav at a time when Gunners were valued at £1.8 million. Although Stan Kroenke's business decisions have come under scrutiny from Arsenal faithful, 72-year-old American appears to be doing exceedingly well from a personal standpoint. 

ALSO READ: Son Heung-min Carries Gun, Wears Army Suit During Military Service In South Korea

Arsenal owners wealth: Stan Kroenke net worth jumps up £323 million

According to a study done by Institute of Policy Studies last month, Stan Kroenke net worth shot up by £323 million. study, which is termed as Billionaire Bonanza, provided a comprehensive analysis on Stan Kroenke, who is worth w worth  £8.1 billion and how his value rose by a staggering £323 million this year despite financial drawbacks of coronavirus crisis. More so, Stan Kroenke's wife and Walmart heiress, Ann Walton Kroenke, saw her net worth increase by £97 million as well. 

ALSO READ: Premier League Clubs Could Vote To Relegate Bottom Three If y Block Project Restart

Arsenal players' pay cut: Premier League return

Earlier last month, most of  Arsenal players and coaching staff accepted a 12.5 percent w cut to redistribute income towards  n-playing staff at club. World Cup-winning German midfielder Mesut Ozil along with two Arsenal stars ors refused to accept pay cut, seeking furr clarity on issue. Amid resumption of individual training at Arsenal's London Colney training ground, re have been reports suggesting that a potential Premier League return is near.

ALSO READ: Paulo Dybala Beats Coronavirus After Four Positive Tests, Juventus Confirm Recovery