Los Angeles Rams Owner Agrees to Buy All of Arsenal Soccer Team

The transaction brings to an end a protracted battle for full ownership between Stan Kroenke and Alisher Usmanov

Michael Wright

Updated Aug. 7, 2018 10:04 a.m. ET

LONDON—Los Angeles Rams owner Stan Kroenke is doubling down on Premier League soccer, agreeing to take full ownership of London’s storied Arsenal soccer team, in a deal that values the club at £1.8 billion ($2.3 billion).

The transaction brings to an end a protracted battle for full ownership between Mr. Kroenke and minority owner Alisher Usmanov, a Russian billionaire.

The...