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<p><strong>The discussion around multi-club ownership in modern football remains highly contentious, though Arsenal owner Stan Kroenke has largely stayed out of it.</strong></p>
<p>While the 77-year-old billionaire does own the MLS team Colorado Rapids, many fans argue that <a target="_blank" href="https://tbrfootball.com/stan-kroenke-and-kse-have-just-sealed-12-5bn-feat-with-arsenal-that-no-one-in-the-world-can-match/">Kroenke Sports & Entertainment (KSE)</a> acts more like absentee landlords.</p>
<p>The Rapids have long requested upgrades in facilities and squad investment but have not received support from Kroenke. Consequently, they are often considered the least valuable team in MLS, even as valuations typically rise.</p>
<p>Despite sharing an owner, the relationship between <a target="_blank" href="https://tbrfootball.com/topic/arsenal/">Arsenal</a> and the Rapids doesn't fit the definition of a multi-club network beyond shared ownership.</p>
<p>This setup is not comparable to networks like Red Bull or Manchester City’s City Football Group, where there’s coordinated investment, resource sharing, and a common brand identity.</p>
<p>Interestingly, Arsenal manager <a target="_blank" href="https://tbrfootball.com/topic/mikel-arteta/">Mikel Arteta</a> has expressed interest in the multi-club model, noting its prevalence among peers: <em>“Many clubs now have systems like this due to restrictions in the country."</em></p>
<p>As the football landscape shifts, various clubs, including over half in the Premier League, are increasingly operating under this model. Could Arsenal leverage such networks to their advantage?</p>
<h2 class="wp-block-heading" id="h-walton-family-linked-with-sheffield-wednesday-takeover-arsenal-links-clear">Walton Family's Link to Sheffield Wednesday and Arsenal</h2>
<p>Stan Kroenke, whose net worth stands at £13.5bn, is married to Ann Walton, an heiress from America’s wealthiest family.</p>
<p>The Walton family, owners of Walmart, collectively hold around £320bn in wealth. Recently, they’ve been connected to a potential £100m takeover of Sheffield Wednesday, although other interested parties include a group from Saudi Arabia.</p>
<p>If the Walton-Penner group proceeds with the Sheffield Wednesday deal, it may open avenues for collaboration between them and Arsenal, given the existing connections in NFL ownership.</p>
<h2 class="wp-block-heading" id="h-stan-kroenke-immersive-technology-platform-cosm-wins-award">Kroenke's Investment in Emerging Technologies</h2>
<p>Kroenke is known for diversifying his investments into sports-related businesses, with plans to transition Arsenal's Emirates Stadium into a commercial hub similar to his ventures in Los Angeles.</p>
<p>Additionally, he has invested in COSM, an immersive technology platform that has gained recognition for showcasing Premier League matches, recently awarded the sports business breakthrough of the year by Sports Business Journal.</p>
<p>With the ambitions for Arsenal and potentially a new style of Emirates Stadium, it seems Kroenke is intent on extending the club's influence and reach beyond traditional expectations.</p>
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