Kronke investing sounds perfectly reasonable given the situation they find themselves. Firstly they need to win back fans, if they have intentions of selling with the super league proposal being shut down, then they need to increase the value of Arsenal so they can get more, which spending 200m, if spent wisely could make Arsenal more valuable. But more than anything they can't afford to do nothing as its only hurts the value of Arsenal, which hurts them whether they intend to eventually sell or have zero intentions of selling. While if we are spending 200m, 100m of that could easily be from sales so their investment may only be 100m which is far more than they have ever invested but something that the likes of City and Chelsea receive annually from their owners.
Should also factor in that if we make a heap of sales and get rid of a heap of salaries and only replace the outgoing players with one big salary for someone like Grealish then our wage bill for next season will be nowhere near the current wage bill.
Should also factor in that if we make a heap of sales and get rid of a heap of salaries and only replace the outgoing players with one big salary for someone like Grealish then our wage bill for next season will be nowhere near the current wage bill.