Arsenal owner Stan Kroenke has no interest in Arsene Wenger’s future and the team’s poor performances as long as the club’s finances are healthy, according to Gunners legend Ray Parlour .
The Gunners are enduring their worst ever season during Wenger’s 22-year reign and face missing out on Champions League football for the second year running.
A run of four straight defeats in all competitions, including back-to-back losses to Manchester City , has seen the club slip to sixth in the table, 13 points adrift of rivals Tottenham in fourth place.
Arsenal’s recent poor form, which has also seen them lose to Brighton in the Premier League and Swedish minnows Ostersund in the Europa League , has ramped up reports that Wenger could leave at the end of the season.
However, Parlour believes the Frenchman will not be sacked by the club as long as Kroenke is making money, and suggests Wenger will only ever leave Arsenal on his own terms.
Speaking on the Alan Brazil Sports Breakfast , the former midfielder said: “Kroenke is not a football fan. He has not been brought up to enjoy football, he’s more into American football and has his franchises in America.
“He is at Arsenal for one reason – to make money.
“Not being in the Champions League will affect them because they’re losing out on so much revenue, but whether that’s going to change anything…
“As long as the balance sheets are looking good, I don’t think he’s too worried about what happens [on the pitch].”
Wenger has one year remaining on his contract and could well stay to see it out – which is unlikely to go down well with fans.
And Parlour understands their frustrations after seeing their side fall away while their Premier League rivals have all improved.
He added: “They were promised Arsenal would compete with the best when they moved to the Emirates Stadium, but other teams have gone forward and have got better.
“Manchester City, Liverpool , Tottenham, they’ve all gone forward while Arsenal have stayed the same or got worse.
“So that is the big worry for Arsenal fans at the moment, I can understand why they’re so frustrated.”
Watch Ray Parlour on the Alan Brazil Sports Breakfast IN FULL below!
'While the balance sheets are good nothing will change!' Ray Parlour says #Arsenal owner Stan Kroenke will have no interest in Arsene Wenger's future and what happens on the pitch while the club's finances are healthy... https://t.co/AYsRgJWZEr pic.twitter.com/2diqOm8aVk — Alan Brazil (@SportsBreakfast) March 6, 2018