Latest news with #StanKroenke


The Sun
15-07-2025
- Business
- The Sun
Todd Boehly joins exclusive club of owners to be world champions in two sports as Chelsea win Club World Cup
CHELSEA owner Todd Boehly has joined an exclusive club of owners to have become 'World Champions' in two sports. The Blues earned their new title of world champs thanks to their dominant 3-0 victory over Paris Saint-Germain in the Club World Cup final on Sunday. 5 Chelsea were spectacular as Cole Palmer shone once again to help the London club become the first team to with Fifa's revamped tournament. That victory means that Chelsea are now the first club to have won every major trophy on offer for an English team, adding the Club World Cup to titles like the Premier League, Champions League, Europa League and Conference League. But their success has also done wonders for owner Todd Boehly, who is now one of just a handful sports team owners to have seen his teams be crowned world champions in multiple sports. Boehly is also a co-owner of Major League Baseball franchise the LA Dodgers, who won the 2024 World Series - meaning the 51-year-old American is now technically a two-time world champion. He joins the exclusive club of owners to do so, including Arsenal 's head honcho Stan Kroenke, who achieved the same feat with two of his US teams. Kroenke's NFL franchise the LA Rams, and his NHL team the Colorado Avalanche, won the Super Bowl and the Stanley Cup respectively in 2022 - both earning the title of world champions in their sports. Mikel Arteta 's best efforts in the Premier League and Champions League in recent seasons. Boehly, who appeared to promise Chelsea would win the Champions League in 2026 following the game, has every right to feel smug after his much-criticized player trading model paid dividends for the first time. 5 5 5 Clearlake capital and Boehly have taken the brunt of league-wide fan anger since their takeover for splashing way in excess of £1BILLION on new signings. And although there was a general consensus that the bold method of stock-piling young talent on mammoth contracts and selling the deadwood was failing, the Blues' success in the US - coupled with their stellar performances - could change the way Boehly's methods are viewed. Cole Palmer and Chelsea celebrate in style as they arrive back at their hotel after Club World Cup victory However, the first challenge Chelsea boss Enzo Maresca will face in continuing the club's success is managing the shortened break and hectic schedule on the horizon for the SW6 outfit. Chelsea will now have to settle for a shorter post-season break and smaller pre-season preparations than their Premier League rivals after going all the way in the Club World Cup.
Yahoo
03-07-2025
- Business
- Yahoo
Commanders Owner Heading For Inevitable ‘Emotional Conflict of Interest'
Commanders Owner Heading For Inevitable 'Emotional Conflict of Interest' originally appeared on Athlon Sports. Conflicts of interest - of the emotional sort - can arise when professional sports owners buy multiple teams in different leagues. Advertisement Los Angeles Rams owner Stan Kroenke has majority control of the Denver Nuggets and Colorado Avalanche. His work out west isn't too much of a conflict of interest, though. The same cannot be said for Washington Commanders owner Josh Harris. Harris purchased control of the Commanders in 2023, following his acquisitions of the Philadelphia 76ers in the NBA and the New Jersey Devils in the NHL. Now, Harris is expected to control the new Philadelphia sports franchise in the WNBA in 2030. "Philadelphia, the W's coming. Let's go, this is awesome," Harris said Monday in a statement. "To the city of Philly, this is your team. Philadelphia is a city about sports, and basketball in particular, including generations of extraordinary women's basketball talent, athletes who have shaped the game and inspired countless others." Advertisement As excited as Harris may be about bringing the WNBA to Philadelphia, it's easy to see how this could be a conflict of interest in the eyes of fans who are loyal to their cities. The Philadelphia Eagles are considered the top team in that city, and Harris' Commanders are one of their biggest rivals. That might leave a sour taste in the mouth of several Philly fans. It came to a head during the Eagles' run to Super Bowl LIX. After defeating Harris' Commanders in the NFC Championship Game, the 76ers were the lone team in the city to NOT congratulate the Eagles on a Super Bowl appearance. It was an apparent 'emotional conflict of interest' then, and Harris' purchase of a WNBA team won't change that now. Advertisement From a business perspective? It's all good. But we understand why some passionate fans might see it as a bad look when the involved cities are entangled in a 'sports hate' for each other. Related: 'Deebo Is Fat' Evaluation Making The Rounds on Commanders Trade Get Samuel Related: Jayden Daniels' Commanders Own 'Best NFL Offense' Potential In 2025 This story was originally reported by Athlon Sports on Jul 1, 2025, where it first appeared.


USA Today
02-07-2025
- Business
- USA Today
Broncos unlikely to leave Colorado for stadium (or training camp)
It's not uncommon for NFL teams to threaten moving cities (or states) when it's time to build a new stadium. NFL owners often use the leverage of staying in town to get the funding they seek from local taxpayers. The Los Angeles Rams and Las Vegas Raiders are recent examples of moving out of state. The Kansas City Chiefs are a recent example of threatening to relocate if they don't receive funding to upgrade their stadium. Meanwhile, the Denver Broncos might be inching toward building a new stadium. It remains to be seen if the Broncos would ask taxpayers to help fund such a stadium (if they do build one). Rams owner Stan Kroenke, who's married to Ann Walton, cousin of Broncos co-owner Rob Walton, privately funded SoFi Stadium in Los Angeles (but he did make fans purchase PSLs). We're still early in the process, but there have been no public threats of relocation from Denver's NFL franchise (and Gov. Jared Polis is "committed" to keeping the team in Colorado). The Broncos are also spending about $175 million on renovations for their facility, a sign that they don't have plans to move away. Denver coach Sean Payton used to organize out-of-state training camps with the New Orleans Saints, and the Rams practiced in Hawaii this spring. But the Broncos will continue to hold training camps in Englewood. 'We're going to try to get this building over here built. If you want to ask Greg [Penner] that question you can, but I think we have it here," Payton said in May when asked about potentially practicing somewhere other than Broncos Park Powered by CommonSpirit. "We have it here," Payton continued. "I like our set up and our routine. I like the fields, the facilities and the meeting space. In one year — give or take — in May, we'll be moving over there. So I don't want to move to a … How much does it cost? $175 million facility and then ask to go to Maui to practice." There have been no signs that the Broncos plan to build a stadium outside of Colorado, and it sounds like they're not even considering moving training camp. Good news for fans in the Denver market. Related: These 25 celebrities are Broncos fans.


USA Today
22-05-2025
- Business
- USA Today
Rams owner Stan Kroenke releases statement on death of Colts owner Jim Irsay
Rams owner Stan Kroenke releases statement on death of Colts owner Jim Irsay The Indianapolis Colts announced that owner and CEO Jim Irsay died at the age of 65 on Wednesday afternoon, passing away 'peacefully in his sleep.' Irsay owned the Colts since 1997, becoming the youngest NFL team owner at the age of 37. Since he first started working for the Colts in 1984, the franchise won 316 regular-season games and 13 postseason games, winning one Super Bowl during his tenure with the team. He started out as the vice president and general manager in 1984 before becoming the owner and CEO in 1997. Following Irsay's death, Rams owner Stan Kroenke released a statement, sending his thoughts to the Irsay family and Colts organization, as well as Indianapolis fans. 'He loved his family, his team, his city and our league, and his commitment to our collective success helped move the NFL forward for many decades,' Kroenke said in the statement. In 2009, Irsay was opposed to a group led by Rush Limbaugh attempting to purchase the St. Louis Rams, voicing his concerns about that potential deal. "I, myself, couldn't even consider voting for him," Irsay said, via ESPN. "When there are comments that have been made that are inappropriate, incendiary and insensitive … our words do damage, and it's something that we don't need." Kroenke became the full owner of the Rams in 2010, gaining unanimous support from the other owners across the league.
Yahoo
14-05-2025
- Business
- Yahoo
Rams Owner Plots Major TV and Film Production Facility at Hollywood Park
Rams owner Stan Kroenke is looking to step into Hollywood, with the construction of a studio and production facility. Hollywood Park Studios will initially serve as the temporary hub for broadcasters that have acquired the rights to cover the 2028 Olympics, Kroenke's company announced Tuesday. After the summer games, it will be made available for film and TV production as part of a broader vision to transform the property into a media, entertainment and technology campus. More from The Hollywood Reporter Jon Voight's Hollywood Coalition Asks Trump to Consider Tax Incentives, Too New York Increases Film and TV Tax Credits to $800 Million to Compete for Hollywood Projects Who's Going to Halt Hollywood's Production Exodus - and How? The first phase of construction for Hollywood Park Studios calls for five 18,000 square foot soundstages, two of which will open to a single stage double that size, across 12 acres. It will also feature a three-story 80,000 square foot office building to support production and postproduction services, as well as some bells and whistles to support operations, including a 1,100 car capacity parking structure and garage that can accommodate sixty trailers. Depending on demand, as many as 20 soundstages and an additional 200,000 square feet of office space will be built. Kroenke's company joins a spate of private equity and real estate firms that rapidly acquired, constructed and expanded stage facilities before the strikes, betting on continuing demand for such space. This includes BARDAS Investment Group and Bain Capital Real Estate, which announced in 2022 a $600 million redevelopment of the former Television Center. Amid an increasingly crowded market of soundstage operators, a snapshot of production levels in Los Angeles showed a steep decline in stage occupancy over the past two years, highlighting the plunge in filming in the region, according to an April FilmLA report. Seventeen studios that operate the majority of stages in L.A. posted average occupancy rates of 63 percent last year, down from 69 percent in 2023. The figures mark a dramatic departure from the 93.5 percent rate that studios reported their stages were used from 2016 to 2022. By Kroenke's thinking, media and sports are increasingly converging as entertainment distribution expands through multiple mediums. 'The vision for Hollywood Park has always been to build a city within a city combining media, entertainment and technology that will transform the greater Los Angeles area,' Kroenke said in a statement. Beyond 2028, he added that the property will be 'welcome a new industry to our live, work, play destination and bring a little bit of Hollywood to Hollywood Park.' Hollywood Park Studios is a part of master development plans for the 300-acre mixed use property, which is anchored by SoFi Stadium, YouTube Theater and the NFL Media office building. It includes apartments, shops, restaurants and a movie theater, with the construction of a $300 million luxury hotel intended to house visiting teams — and possibly talent who may be filming at the nearby production campus — underway. Competing regions, including the U.K., New York, Georgia and Ontario, have more than doubled their stage-based production capacity over the past five years. L.A., which has an estimated 8 million square feet of production space and 13 planned studio projects in the pipeline, maintains an infrastructure advantage, but the decline in production has made it more challenging to fill vacancies. Best of The Hollywood Reporter How the Warner Brothers Got Their Film Business Started Meet the World Builders: Hollywood's Top Physical Production Executives of 2023 Men in Blazers, Hollywood's Favorite Soccer Podcast, Aims for a Global Empire