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Arsenal owner Kroenke buys MLB franchise LA Angels

By GhanaSummary Newsroom1 min read
Arsenal owner Kroenke buys MLB franchise LA Angels

Arsenal owner Stan Kroenke has bought the Major League Baseball franchise, the Los Angeles Angels, in a deal reportedly worth $4bn.

A statement from Moreno read: "The Moreno family has been honoured to steward the Angels for 23 years, and we believe that with [Kroenke's holding company] Kroenke Sports & Entertainment's experience and success, they are the best next owner for the franchise.

With less than a month of the regular season remaining, that is set to extend to 12 seasons - the longest active play-off drought in the MLB - with the Angels holding the joint-worst record in the American League.

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