News Details

Arsenal have £193.1 million in cash reserves as profits rise

The N FC crew engage in a debate about whether Chelsea or Arsenal will finish higher in the Premier League this season. Arsenal's parent company has posted a profit of £24.7 million 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 Arsene Wenger's FA Cup-winning squad over the...
Full Story »
Share

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...

Arsenal post £24.7m profit and boast cash reserves of...

Arsenal’s parent company has posted a profit of £24.7m and a cash...
-9y from TheGuardian.com

Premier League 2015-16 in numbers: Week 5

Everton 3-1 Chelsea Getty Images Steven Naismith's perfect hat-trick saw...

Juventus stop rot in time for Champions League trip to...

Juventus warmed up for their Champions League trip to Manchester City on...
-9y from TheGuardian.com

Comments

comments powered by Disqus

Hottest News

Recent News

2015 GunnersToday.com
GunnersToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Arsenal Football Club.