Kroenke Wins Full Control of Arsenal After Usmanov Agrees to Sell

Owner Stan Kroenke of the Los Angeles Rams looks on prior to a game against the Indianapolis Colts at Los Angeles Memorial Coliseum on Sept. 10, 2017 in Los Angeles, California. Photo by Sean M. Haffey/Getty Images

LONDON—American billionaire Stan Kroenke has struck a deal to take full control of Arsenal by buying out Russian rival Alisher Usmanov, valuing the English Premier League club at around $2.3 billion but enraging some fans of the north London team.

Coming at a crucial time for Arsenal as they start life without manager Arsene Wenger for the first time in 22 years, the deal cements the position of the U.S. sports boss among an elite band of super-rich soccer club owners in England.