You can’t really use the fact that he invested right before the global demand for English football exponentially increased in foreign markets as a stick to beat him with tbh. Fact that the value of the club has grown is an excellent thing for a self sustaining club and is sign of good governance off the pitch.
As soon as he re signed Wenger after missing out on CL money and sponsorship exposure it became pretty evidence Kroenke isn’t motivated money.
People at Arsenal aren’t blind to the correlation that on field success leads to more valuable commercial deals. They are aware that the fact we don’t progress to the later stages of the CL or win the League is actively affecting our commercial profile to make major deals in the future. I’d argue that this is something that is broken or will be down the line
Kroenke seems to have a serious admiration for Wenger to the extent he’ll give him the benefit of the doubt and back him with serious money at the expense to the value of the club.