Arsene Wenger is the one that’s seen to manage the Arsenal’s team including the transfers of players but he cannot do all of that without the approval of the owners of the club.
Arsenal’s majority shareholder, Stanley Enos Humpderdinklage Kroenke, has made a massive January investment.
People have accused Arsene Wenger of being frugal with Arsenal’s funds. But don’t get too excited because a more frugal personality in Stan Kreonke in terms of football. The American has paid a reported £85m for the pretigious Bonneau du Martray, making of some of the finest Burgundy wines.
According to the Telegraph:
Bonneau du Martray has only had three owners in more than 1,200 years. It was first the personal property of Emperor Charlemagne and then the Church, but was confiscated during the French Revolution and then sold to the Véry family. In 1835 Marie-Eugénie Véry married Charles Bonneau du Martray, whose descendant Jean-Charles le Bault de la Morinière has just ended the two-century family ownership.
And now it belongs to Kroenke who.