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Arsenal reveal profit, turnover and cash reserves increase
Arsenal's full year results confirm the club is in fine financial fettle with the club posting a group profit before tax of £24.7 million (£20 million more than this time last year) and turnover increasing to £344.5 million. Key figures below Group profit before tax was GBP24.7 million (2014 – GBP4.7 million). The Group’s total turnover amounted to GBP344.5 million (2014 – GBP301.9 million). Turnover from football increased to GBP329.3 million (2014 – GBP298.7 million) with strong growth in commercial activity driven by the new kit partnership with PUMA. Revenues of GBP103.3 million (2014 – GBP77.2 million) from Commercial activities (including retail and...
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