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Arsenal owner Stan Kroenke sees wealth rise by £323million amid coronavirus crisis as playing and coaching staff take 12.5% pay cuts

Arsenal owner Stan Kroenke has seen his personal wealth grow by over £300million since the start of 2020, despite the coronavirus wreaking financial havoc across the globe.

Kroenke's Gunners are believed to be struggling under the weight of the crisis with players and staff agreeing to take 12.5% pay cuts.

However, a study published last month by The Institute for Policy Studies revealed that the American himself is far from struggling.

Arsenal owner Stan Kroenke has seen his personal wealth grow by £323m this year

The study, entitled Blillionaire Bonanza, detailed that Kroenke, who is worth £8.