Arsenal Boosted by Record Pounds 35m Profits ; Buoyant Arsenal Are Boosted by Record Pounds 35m Profits

Summary


ARSENAL today announced record profits of million despite the economic downturn, prompting chief executive Ivan Gazidis to say the club were now "superbly positioned for the future", writes James Olley.

The club released their annual financial figures for the year ending May and revealed a profit increase of m on the previous - month period, which will almost certainly mean manager Arsene Wenger will have funds available if he wants to strengthen his squad in the January transfer window.

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Extract


Arsenal Boosted by Record Pounds 35m Profits ; Buoyant Arsenal Are Boosted by Record Pounds 35m Profits

Turnover including property sales increased to m but only of the apartments in Highbury...

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