Arsenal have ended their annual £3m payment to the club’s majority owner Stan Kroenke, according to the Daily Mail.
Per-the-source, Arsenal Supporters’ Trust were unhappy nature and size of the payment to the American owner. The report goes onto state that the Arsenal Supporters’ Trust wrote a letter to the club’s chairman Sir Chips Keswick, stating that the payment was in breach of regulations.
Arsenal released a statement that reads, “For the year ended 31 May 2016 Kroenke Sports & Entertainment LLC has waived its entitlement to any fee in respect of services provided to the Group.”
Arsenal Supporters’ Trust spokesman Tim Payton told the Daily Mail that the majority of its members were against the payment, stating that Stan Kroenke has been unable to justify the fee.
“More than 90% of our members were against this fee and believed that Stan Kroenke had not been able to justify it or explain what services he provided. We considered it to be an inappropriate payment. This welcome outcome shows that supporters do have a voice and organised pressure can make a difference,” Payton was quoted as saying my the Mail.
Meanwhile, Arsenal fans are far happier with whats been going on with their team in the Premier League. The Gunners racked up five league wins in a row and sit in third place with 16 points after seven games.
Arsenal recorded a 1-0 victory over Burnley over the weekend and will look to keep their winning run going when they they host Swansea City at the Emirates Stadium on October 1