Emirates Stadium

Next Game

Arsenal v Newcastle

Monday, 28 April 2014, 20:00

Barclays Prem

The KC Stadium

Last Game

Hull City 0 - 3 Arsenal

Sunday, 20 April 2014, 14:05

Barclays Prem

Arsenal reveal £6.7m profit

Arsenal have announced a reduced pre-tax profit of £6.7m for the year ending May 31.

Last Updated: 23/09/13 at 16:20 Post Comment    Bet with SkyBet  Arsenal Specials. Click here to bet.

Arsenal's Emirates Stadium: Sponsorship deal was renewed late last year

Arsenal's Emirates Stadium: Sponsorship deal was renewed late last year

The figure is significantly down on the £36.6m made before tax in the previous 12 months, largely owing to reduced profit on player trading (£1.6m from £26.1m in 2012) and an increase in the wage bill (£154.5m from £143.4m in 2012).

Turnover from football was up £7.5m to £242.8m while the club continues to sit on a sizeable cash reserve of £119.7m.

The renewed shirt and stadium sponsorship deal with Emirates, signed in November and worth £30m a year, will be accounted for year-on-year over the course of the contract while the club record signing of Mesut Ozil will form part of next year's balance sheet.

Chairman Sir Chips Keswick, who replaced Peter Hill-Wood in the role in June, said: "It is my job to ensure we steer further along the course we have set.

"We must continue to grow commercially to provide the club with the best opportunity to achieve success and we must do this in a way which remains true to our values and which ensures and protects the long-term sustainability of the club.

"We face a competitive landscape across the top of the Premier League and across Europe's elite clubs, which is tougher than ever.

"Despite fair play initiatives, the financial competition for top players remains intense and transfer prices and player wages continue to move ever higher.

"It is therefore positive that the strong financial platform we have created in recent years allows us to continue to be competitive at the highest level."

Bet with SkyBet  Arsenal Specials. Click here to bet.

Related News

Sky Bet

    • Retrieving latest Sky Bet odds

Most Commented

Readers' Comments

I

may well get slated by other United fans for this, but out of the three contenders, I'd far prefer Liverpool to win the title. Yes some elements of their fanbase can be a bit OTT, yes they're our biggest rivals and yes it will make our poor season feel even more like the end of an era (Fergie's gone, Liverpool are back on top). However I just have to applaud Brendan Rodgers and the way he's turned Liverpool around in just a couple of seasons. It...

Mike_Christie
Please Stop Telling Us What To Think

H

ooray! We are all excited now, we beat a very mediocre team! With all due respect to WHU supporters, not winning that game shouldn't even be a consideration. This is the problem, there is no winning mentality at the Emirates - we're all congratulating ourselves beating a team that we have a winning record against.

TheWhiz
Wenger hails important win

I

s this meant to be an aspiration for United supporters? Moyes mediocrity strikes again. I see the Bayern boys don't want to sign for him, and his reputation amongst the senior European coaches make other key signings unlikely.

redbornandbred
De Gea's Europa League target

Footer 365

Premier League: Everton remain in top-four hunt with victory over Manchester United

Everton secured a Premier League double over Man United and former boss David Moyes with a 2-0 victory at Goodison Park.

Premier League: Arsenal boss Arsene Wenger pleased with display in 3-0 win at Hull

Arsenal boss Arsene Wenger was pleased with his side's performance as they eased to a 3-0 win over Hull City.

Premier League: Liverpool's Raheem Sterling best young player in Europe says Brendan Rodgers

Liverpool manager Brendan Rodgers has described Raheem Sterling as the best young player in Europe.

Mail Box

That's Why We Didn't Want Jose At United

There is plenty of reaction to Mourinho's antics (Isn't that exactly what he wanted?) plus thoughts on Connor Wickham, Fabio Borini, beach balls and Tim Sherwood...

Kieran's Not The Only One Keeping Notes

Another chap in the mailbox has been keeping notes on comments made by optimistic Man United fans. Plus, Garey Vance is offering a double-or-quits on his new tattoo...

© 2014 British Sky Broadcasting Ltd. All Rights Reserved A Sky Sports Digital Media property