Kroenke Sports & Entertainment have confirmed that Josh Kroenke has been promoted to vice chairman of KSE and KSE UK.
Josh, the son of Arsenal majority shareholder Stan, is already the president of both Colorado Avalanche and the Denver Nuggets and sits on the board of governors of the NHL and NBA respectively. He also has a role as alternate governor for the Colorado Rapids and is co-owner of Overwatch esports team Los Angeles Gladiators.
That’s on top of the director position he has at Arsenal. He’s seemingly a very busy chap.
Several outlets, including the Mirror, reported recently that the 37-year-old spent much of February shadowing Ivan Gazidis at the Emirates as he conducted an in-depth review of how Arsenal is run. It led to suggestions that he could take over as chairman from Sir Chips Keswick this summer.
In light of this latest development, it looks as though Kroenke Jr will have an increased hands-on role higher up the chain of command at KSE, but suggestions he’ll be involved in the daily nitty-gritty at Arsenal could be wide of the mark.
That’s not to say he’s not going to be an influential figure in the future of our club; KSE UK have repeatedly made clear that they will not sell their stake in Arsenal (despite apparent approaches).
On the responsibilities that come with his new position, Kroenke Jr said: “While the business of sport has transformed in recent years, we are still just getting started.
“This new position allows me the opportunity and flexibility to work closer with employees, fans, sponsors and community leaders to strategize and celebrate the power of sports and entertainment.”
He added: “I am particularly looking forward to sitting down with entrepreneurs and technology leaders to bring innovative platforms to connect and engage our millions of fans around the world 365 days a year.
“From our venues to our teams to the fan experience, I am incredibly excited about the future of KSE and about working with all of our teams and businesses to create memories that keep our fans coming back time and time again.”
There remain whispers of an impending boardroom reshuffle at Arsenal, but it’s very unlikely anything will happen before the summer. Take Josh Kroenke out of the equation and the average age of those on the Arsenal board (Sir Chips Keswick, Ivan Gazidis, Ken Friar Lord Harris of Peckham, Stan Kroenke) is just shy of 72. Younger blood is certainly needed.