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Published 18:16 12 Mar 2016 GMT
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Speaking at the Sloan Sports Conference in Boston, "Silent" Stan Kroenke hinted that this trend would continue for the Gunners under his leadership, saying: "For me, being an individual owner, I have to have some sort of reality involved.
"If you want to win championships then you would never get involved. I think the best owners in sports are the guys that sort of watch both sides a bit.
"If you don't have a good business then you can't really afford to go out and get the best players unless you just want to rely on other sources of income."
Kronke owns a number of sporting "franchises" in the US, including the Rams - an NFL side who Kroenke recently moved from St Louis, Missouri to Los Angeles, California in search of a richer fanbase.
Arsenal fans have felt harshly treated by the club's ownership for some time now, particularly by Kroenke's unwillingness to meet with fan groups or speak publicly - and these comments will not do the American's reputation any good.Live sport on TV in Ireland this weekend – Football and GAA – June 26th-28th
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