Kroenke has rejected the idea he could influence the way Wenger did his job.
He told the Daily Telegraph: "I really enjoy Arsene - very smart, very intelligent. He has an absolute view on how he runs that team and the club. He has earned that right.
"Don't look for me to interfere with that. I have learnt over the years that sometimes owners try do that and it is not so good.
"We've always said that there are resources available. There are guys who say that we should push Arsene harder to spend. That's fair enough - there are always lots of opinions but Arsene is an independent thinker and planner.
"He works very hard at it and has a wonderful record. He was trained in economics, my undergraduate study was in economics."