Belfast Telegraph

Kroenke confident over future

Arsenal majority shareholder Stan Kroenke maintained the club had "all the elements for success" when addressing shareholders at Thursday morning's Annual General Meeting at Emirates Stadium.

After taking a controlling stake of more than 60% in the Gunners' parent holding company earlier this year following the purchase of shares from the late Danny Fiszman, the Denver-based sports magnate revealed he was relishing his involvement at Emirates Stadium.

"What a wonderful club," Kroenke said. "We are involved extensively in sports in the United States and had lots of opportunities to involve ourselves in lots of clubs around Europe and in the (English) Premier League. We did not have an interest, but as we became involved with Arsenal in a commercial undertaking in Denver, I became more interested."

He added: "Arsenal has all the elements that you need to have success in this kind of business.

"(The club) has tremendous management at the top, a wonderful manager on the pitch who makes great decisions in regard to personnel, and a tremendous following with the supporters.

"With all those things in place, it was an easy decision for us to get more involved. We are glad to be here, are happy with the direction of the club and are here for the long term - we love London, you had better get used to seeing us, because we will be around."

Gunners boss Arsene Wenger told the AGM that everyone at the club must stay united behind the team.

Wenger's side have slowly recovered form with seven wins from the last eight games as they reached the quarter-finals of the Carling Cup and moved top of their Champions League group following what was the most testing spell of Wenger's 15-season tenure.

Wenger said: "I can see a lot of fear and discontent among you and I can understand that because we live in a world where we fight with people who have extremely high resources.

"The way we can compete is to try to be intelligent, but as well to be united because it is very difficult to be consistent in football. We have been more consistent than anybody else in the world in the last 15 years. To stay at the top, top level, we have to be united."

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