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Arsenal announce £11m profit
Arsenal have again returned robust financial results in their latest published figures, with turnover increased to £148.5million and an overall profit before tax of £11.1m. The Gunners, who sit third in the Barclays Premier League, have seen their off-field revenue streams based around the 60,000-seater Emirates Stadium continue to improve over the six months ending November 30, 2014, which has in turn released more funds for record player purchases of £93.7m, including summer acquisitions of Calum Chambers, Mathieu Debuchy, David Ospina, Alexis Sanchez and Danny Welbeck. The increase in turnover, up some £12.6m from the same period in 2013, was part grown by the club's new kit...
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