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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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