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Ivan Gazidis targets trophies after Arsenal post £191m in cash reserves
Arsenal Chairman, Sir Chips Keswick, presented Arsene Wenger with a gift, thanking the Frenchman for 20 years with the club. Arsenal chief executive Ivan Gazidis believes the club's latest set of robust financial results, which include cash reserves of some £191 million, show they are on course to deliver more major trophies to the Emirates Stadium. Although the Premier League club's latest figures from Arsenal Holdings plc show a drop in overall group profit before tax from £18.2m to £2.9m, there has been a significant increase in turnover from football, up to £350.6m from £329.3m over the same period in 2015. Significant additional broadcasting revenues have been...
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