Arsenal majority shareholder Stan Kroenke has moved to reassure doubting fans by insisting that his "goal is to win trophies" at the north London club.
The American released a statement following a stormy shareholders' meeting in which the club's ambition came under question from supporters.
"The reason I am involved in sport is to win," he said. "It's what it's all about. Everything else is a footnote."
Kroenke's big sports deals
Becomes owner of the NBA's Denver Nuggets and the NHL's Colorado Avalanche
Becomes co-owner of Arena Football League team the Colorado Crush
Buys the National Lacrosse League's Colorado Mammoth and MLS side the Colorado Rapids
Takes over as sole owner of the St Louis Rams NFL team
Increases shareholding in Arsenal to almost 67%
"I can assure you no-one is more ambitious than me."
Thursday's meeting came in the wake of a Premier League defeat by Norwich and
a 2-0 home loss to Schalke 04
in the Champions League.
The club's inconsistent start to the season follows the sale of striker Robin van Persie, last season's PFA Player of the Year, to rivals Manchester United.
At Wednesday's Annual General Meeting, manager Arsene Wenger said Champions League qualification was more important to the club
than winning the FA Cup or League Cup.
And chief executive Ivan Gazidis flagged up Arsenal's financial health and readiness for Uefa's Financial Fair Play rules.
But Kroenke added: "Arsenal is a tremendous club with a track record of consistent performance at the top level.
"That is very rare, but we have managed it. I know that will continue as we move forwards. We have an exciting future and our goal is to win trophies."