Yes he can take money of the business, in the form of a dividend. Dividends are in my experience of company law, approved at a board meeting. I don't suppose Kroenke would have too much trouble getting a dividend approved from a board he hand picks. You can nitpick over semantics if you choose.
I'm not nitpicking over semantics, I'm using the semantics you chose in the quote above. You distinguished between 'take £3m out of a business' and declaring a dividend and said that he could do either. That isn't true. He can do the latter, not the former.
I'm bored with this now. G'night.
A team could call itself Arsenal in China but it couldn't play in the English Premier League from China. So if Kronke starts a team in China and gives up part-owning a team in London I would still support Arsenal FC's successor club which would be formed five minutes after he'd gone, if not before.
Arsenal was here before Kronke and it will still be here when the worms have consumed his toupee.