Stan Kroenke is handing Arsenal boss Arsene Wenger an immediate £40 million to spend this summer.
The Sun says American Kroenke has increased his stake in the club to nearly 63 per cent after buying another £233.2million of shares.
Yet with Arsenal not winning a trophy since 2005, Kroenke hopes boss Wenger will use the £40m available for strengthening.
Mega-rich Kroenke, on the board since 2008, is now hoping to buy the rest of the club's shares although he will not sink any of his personal fortune into the club.
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