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Carlo Ancelotti has taken a swipe at Arsenal majority owner Stan Kroenke claiming the owner is more concerned about making profits that winning trophies.
Kroenke came under criticism from the fans during the course of the season when reports claimed he was reluctant to release huge funds to back the manager in the transfer window. Wenger leapt to the defense of the big boss claiming Kroenke is more than ready to back the club in the transfer market but Ancelotti believes the big boss is more concerned about the Financial aspect of the club.
Ancelotti also added that the owner being far away in America makes it difficult for him to offer support to the club.
The Italian also said this was the case for Manchester United who are also struggling to get back to the top of world football since Alex Ferguson retired.
“It is unbelievable what happened to Manchester United and Arsenal,” Ancelotti said as quoted by Standard Sport. “Both managers, Wenger and Ferguson, have done fantastic jobs for all the years they’ve been there.
“I think the difference now is that the owners of Arsenal and Manchester United are removed [from the club] in America. They are not so passionate. There are two important aspects in football – the result and the financial aspects. I think Arsenal and Manchester United are more focused on the financial aspects.
“One year you can win and reach the Champions League but [for their owners] the important thing is the financial situation. For other clubs, like AC Milan and Real Madrid, the most important thing is the result.”
Kroenke is said to have recently acquired additional stakes at Arsenal raising his stake to 67.05 percent.