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

.

Sportingintelligence home page