and growing fan unrest -- coupled with Kroenke 's recent confirmation of a takeover bid for the St Louis Rams -- would it be wise for the American to aim his sights on owning Arsenal now ? CNN 's business correspondent Jim Boulden helps break down Kroenke 's decision . Why invest in the English Premier League ? The recent sale of their overseas television rights amounted to over $ 1.5 billion , while the domestic rights went for much more . This means the Premier League clubs can sign expensive players on big wages , according to Boulden . `` A lot of the league 's strength is to do with Sky and its multi-billion dollar deal to show the games around the world , '' he said . `` Sky gives an enormous amount of money to Premier League clubs . '' Could Kroenke expect much profit from Arsenal ? Boulden says the main way to maximize profit is to keep a club healthy , and deliver success on the pitch before selling it on down the line for a profit . He said : `` I look upon Stan Kroenke like these other guys in America :
-LRB- CNN -RRB- -- The international draw of its star players , the huge sums paid for rights to broadcast live action and the loyal nature of its consumers have long made the English Premier League an attractive home for investors . In recent years this has included a number of American billionaires who , having made their money with sport franchises in the United States , saw ownership of teams including Manchester United -LRB- Malcolm Glazer -RRB- , Liverpool -LRB- Hicks and Gillett -RRB- and Aston Villa -LRB- Randy Lerner -RRB- as the best way to expand a global portfolio . Stan Kroenke -- owner of the Denver Nuggets basketball team , the National Hockey League 's Colorado Avalanche and Major League Soccer 's Colorado Rapids -- could be the next to join this elite group after a major shareholder at London-based Arsenal confirmed that she is looking to sell her stake . Kroenke already owns 29 percent of the Champions League quarterfinalists , and needs only one more percent to trigger a complete takeover . Blog : Should Stan Kroenke buy Arsenal ? But with the economic downturn compounding both Liverpool and Manchester United 's struggles with debt