The Gunners are owned by Kroenke Sports and Entertainment and they came to sole ownership in 2018. Tim Lewis has been now appointed as the vice-chairman of the North London club.
“We are pleased to announce Stan Kroenke and Josh Kroenke have become our Co-Chairs whilst Tim Lewis becomes our Executive Vice-Chair,” Arsenal announced on Wednesday.
“The appointments are a recognition of how our leadership structure has evolved over the past several seasons since Kroenke Sports & Entertainment assumed 100 per cent ownership of Arsenal Football Club in 2018,” the announcement added.
The Gunners have made radical changes in their leadership off the field as they have made some crucial appointments in the last few years.
Club update: Stan Kroenke and Josh Kroenke become Co-Chairs of Arsenal Football Club and Tim Lewis appointed Executive Vice-Chair.
— Arsenal (@Arsenal) March 15, 2023
“This is a simple evolution as part of us all driving Arsenal forward and further reaffirms our family’s long-standing commitment to this great club,” Stan Kroenke said.
“Our objectives and ambition will never waver – to field teams that compete for trophies at the highest level and lead our club in a way that inspires our passionate supporters around the world,” he added.
The Gunners are currently at the summit of the Premier League table and are 5 points clear of Man City at the top. With 11 games left to play, the North London club are chasing a Premier League title for the first time in 19 years, since their invincible title win in the 2003-04 season.
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