Inside Arsenal owner Stan Kroenke’s £500m ranch – the largest in the USA and bigger than New York and LA combined

0
2


ARSENAL owner Stan Kroenke is worth an incredible £6.3BILLION and has a property portfolio to match.

The American sports tycoon and his Walmart heiress wife purchased the United States’ largest ranch in 2016 and it’s so big you could fit the entire cities of New York and Los Angeles inside its borders.

The W.T Waggoner Ranch is the largest in the USA

The estate in Texas stretches over a staggering 535,000 acres

The map shows just how vast the ranch is
Kroenke paid £500m for the land in 2016

Both LA and New York City fit into the massive Texas ranch
New York City AND Los Angeles would both fit inside its borders

At a whopping 535,000 acres, the W.T Waggoner Ranch in Texas was bought by Kroenke and his wife Ann Walton for a cool £500million.

The ranch includes thousands of cattle, hundreds of horses and oil wells, and 30,000 acres of farmland.

The 73-year-old billionaire’s company Kroenke Sports and Entertainment owns Arsenal and recently cut 55 jobs due to financial issues at Emirates Stadium.

He also owns NFL side LA Rams, NBA team Denver Nuggets, NHL franchise Colorado Avalanche and MLS side Colorado Rapids.

And he is investing billions of dollars into the construction of the 70,000 seat SoFI Stadium in Inglewood, California, which will be home to the Rams and fellow NFL side LA Chargers.

When he secured the ranch in 2016, Kroenke said: “This is an incredible opportunity and an even greater responsibility.


ARSENAL NEWS LIVE: Follow for the latest Gunners news


Enormous waterways travel through the vast property

Kroenke said he was honoured to protect the American landmark when he bought the ranch in 2016

“We are honoured to assume ownership of the Waggoner – a true Texas and American landmark – and are deeply committed to continuing the proud legacy of W.T. “Tom” Waggoner, his family and his descendants.

“Our gratitude to them and to the many parties involved in this process is immense. We will continue to preserve and protect this uniquely American treasure.”

Kroenke is a fairly unpopular figure at Arsenal and last summer Gunners fans issued a joint statement calling on him to reinvigorate the club but a spate of staff redundancies show problems have not gone away.

The statement said supporters had “never felt more marginalised”. The club have since sacked Unai Emery and hired Mikel Arteta.

New York City could fit inside the ranch’s border

And Los Angeles could still fit alongside NYC within the boundaries

However, Kroenke’s wealth was brought into question again last month when Mesut Ozil refused to take a pay cut amid the coronavirus crisis.

Some of the Arsenal squad agreed to reductions but Ozil refused shortly before it emerged Kroenke’s fortune soared by £323m in the opening months of 2020.

Reports also suggested Kroenke would make a large cash injection into Arsenal to ease the financial impact of Covid-19 on the club.

However the announcement that 55 staff were being made redundant despite European football being secured for next season has been held up as the latest example of mismanagement in the Kroenke regime.


Kroenke is married to Ann, whose father Bud was an early partner in Walmart, which was founded by his brother Sam.

In 2012, Kroenke bought another historic property, the 124,000-acre Broken O Ranch in Montana.

He also owns ranches in Wyoming, Arizona and British Columbia.

The ranch comes with 30,000 acres of farmland

Agricultural machinery is seen across the gigantic swathes of land

Oil wells are also dotted across the property in Northern Texas

Picturesque stone outhouses also feature on the land

Kroenke’s estate stretches as far as the eye can see

LEAVE A REPLY

Please enter your comment!
Please enter your name here