Nearly £23bn of US sports franchises were sold across the summer after Arsenal owner Stan Kroenke purchased the Los Angeles Angels.

Billionaire Stan Kroenke, who also owns Premier League side Arsenal and NFL team the Los Angeles Rams, added Major League Baseball to his empire with the move.

Stan Kroenke is expanding his sports empire by buying the Los Angeles Angels, joining the Nuggets, LA Rams, Avalanche and more.