News Details
Arsenal post £24.7m profit and boast cash reserves of £193.1m
Arsenal’s parent company has posted a profit of £24.7m and a cash reserve of £193.1m in its latest set of published figures. The results, covering the year ended May 31 2015, put the group’s total turnover at £344.5m, up from £301.9m in 2014. The increase in profit before tax from £4.7m was helped by both a strong growth in commercial activity, including a lucrative new kit deal with Puma as well as player sales of £28.9m and property development. Arsenal, though, also invested heavily in Arsène Wenger’s FA Cup-winning squad over the period, with an outlay of around £114m and increased wages now up to just over £192m which...
Full Story »
Full Story »
-9y from TheGuardian.com
Comments
You May Also Be Interested In...
Arsenal reveal profit, turnover and cash reserves...
Arsenal's full year results confirm the club is in fine financial fettle...
-9y from News.ArseBlog.com
Dinamo Zagreb face Arsenal with owner and manager on...
For the Mamic brothers, Zdravko and Zoran, the Dinamo Zagreb chief...
-9y from TheGuardian.com
Arsene Wenger: Jack Wilshere will get over his latest...
GETTY CROCKED: Wilshere needs surgery on his ankle “Jack Wilshere...
-9y from DailyStar.co.uk
Arsenal wonderkid celebrates milestone with latest...
Arsenal starlet Hector Bellerin took to social media and celebrated...
-9y from CaughtOffside.com
Comments
Hottest News
Arteta: Arsenal are here to make history against PSG
Mikel Arteta says Arsenal are ready to do... Read More »
-1h from SkySports.com
Arsenal latest: Rice says Arsenal have 'no fear' heading...
No description available... Read More »
-1h from SkySports.com
Man United handed transfer boost as Bryan Mbeumo 'is...
Christian Norgaard admits that Brentford teammate... Read More »
-5h from SportsMole.co.uk
