Change behind the scenes at Arsenal
"We are delighted to welcome Stan to the Board of Arsenal," said Peter Hill-Wood, Arsenal chairman, on the club's official website. "He brings with him a wealth of experience through his direct involvement in sports clubs in the US and we expect to benefit from his commercial insights and knowledge."
Obviously I don't know the whole in's and out's of this deal, however I don't think every Gunners fan will be overally happy about this appointment. I know several Arsenal fans and I always get the impression that they are proud not to have foreign money being pumped into the club, so this news won't excite them too much.