5 reasons why it is time to stop supporting Arsenal 

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Is this the start to Arsenal's spiral into the abyss?

#1 The owner, Stan Kroenke, has no intention of winning trophies

Arsenal v Hull City - Premier League
Stan Kroenke at one of his rare appearances at an Arsenal game

What is the point of a football club which is as big as Arsenal? It is a rhetorical question since everyone knows that the club needs to compete in the league and has to reach the latter stages of the UEFA Champions League if they are to be clubbed with the elite in Europe.

However, Arsenal's owner and billionaire Stan Kroenke is on record as saying that, “If you want to win Championships then you would never get involved.”

Kroenke's statements might have made some sense had Arsenal been a poor club but the club, located in London and charging the highest ticket prices in Europe, is one of the continent's commercial powerhouses.

In such a situation, the owner's statement simply reinforces what many fans had suspected, Kroenke is simply using the club as an investment and he is happy as long as the revenues keep the club among the elite in Europe.

A study published by Soccerex Football Finance, that was published on 4th of January this year states that Arsenal is the 2nd richest club in the world, second only to Manchester City. The club has £766 million in fixed assets and that is more than any other club anywhere in the world.

On the other hand, the club can boast of £300-million war chest in the bank, second only to Manchester United, who have more money in the bank than the North London club with a £307-million balance.

Last but certainly not the least, the club's annual net debt of £8 million is the lowest among all the clubs in England and the report has suggested that Arsenal can spend 'significantly' on transfers if the club wants.

However, as everyone knows, Kroenke is not in it for the trophies and those numbers must have further convinced him that just being there is reward enough.

When one considers the fact that Kroenke refused to sell the club to Alisher Usmanov for £3 billion back in 2017, the situation seems a bit desperate for fans. Kroenke won't sell and he won't lift a finger to turn the club into a competitive side either. What's the point in supporting such a club?

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Edited by Aakanksh Sanketh
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