Arsenal have placed 38th in Forbes’ latest list of the world’s most valuable sports clubs with a value of $2.8billion (£1.98billion), representing a 23% rise.

Hundreds of Arsenal fans gathered outside The Emirates Stadium in London in a oeKroenke out protest demanding the club owner Stanley Kroenke to leave. Owners of the six big British football clubs including Arsenal has become targets of fans after their failed attempt to form a European Super League last week. London United Kingdom - Copyright: Tayfun Salci
Hundreds of Arsenal fans gathered outside The Emirates Stadium in London in a oeKroenke out protest demanding the club owner Stanley Kroenke to leave. Owners of the six big British football clubs including Arsenal has become targets of fans after their failed attempt to form a European Super League last week. London United Kingdom – Copyright: Tayfun Salci

With Arsenal reportedly up for sale and Daniel Ek interested in buying the club from Stan Kroenke, the latest valuation will do nothing to help that, pushing the amount needed to pry Arsenal from Stan Kroenke’s cold hands even higher.

The valuation represents a 23% increase in the past two years, despite the slide on the pitch which has seen Arsenal (most likely) drop out of Europe for the first time in 25 years as well as achieving their lowest finish in the league since the 1994/95 season (12th).

It also represents more than a 100% increase in Arsenal’s valuation since 2015. The worse we get, it seems, the more we make, which can never be a good thing.

Ahead of the final two games of the season, Arsenal sit on 55 points, meaning the maximum they can register is 61. This will likely be slightly better than last season when we got 56 but will represent the second lowest total since that 94/95 season.

Kroenke first came to Arsenal in 2007, a season we finished fourth, and, since that time, Arsenal have managed to finish twice just once (15/16). They have not finished in the top four for the past five seasons.

Still, good to know Kroenke is making a killing.

Kroenke’s LA Rams are joint-13th with a value of $4billion (£2.83billion) and are the only other club owned by Kroenke to place above Arsenal.

None of his other teams make the top 50.

Neither do Spurs.

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Writer. Feminist. Dreamer. Gooner. Owner of DailyCannon.com, writing about Arsenal since 2008. Sometimes found in the Guardian, Vice.com & elsewhere talking queer issues, politics & football. If in doubt, assume sarcasm.