Arsenal post record profit of £56m
24 September 2010
Arsenal's financial figures for the year to May 2010 show record profits in the group of £56m.
Full details and downloads are here at the Arsenal website.
Key details:
Turnover in the group, including property: up to £379.9m from £313.3m.
Operating profit in the football business down slightly: to £56.8m from £62.7m, after wage costs rose to £110.7m (up from £104m), with further rises to kick in next year.
Group profit before tax: £56m.
Property debt: now zero - with group debt down to £135.6m from £297.7m
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