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View Full Version : Arsenal profits reach record high



Win2Win
24th September 2010, 10:30
Arsenal profits hit a record high boosted by flat sales from the development of their former stadium.



Content from... (http://www.bbc.co.uk/go/rss/-/news/business-11403202)

tomboo
24th September 2010, 10:54
seems a simple choice these days, run your club efficiantly and make a profit, or run it into debt and win a trophy, tough choice

Dedworth
24th September 2010, 11:43
seems a simple choice these days, run your club efficiantly and make a profit, or run it into debt and win a trophy, tough choice

The article states Arsenal are £135.6 million in debt and fails to mention their lack of trophys.

KeithD
24th September 2010, 11:48
But that's normal managed company debt for the stadium and will be paid off over the next 20 years..... Liverpool, ManU, etc have unmanageable debt..... big difference.

tomboo
24th September 2010, 11:50
every business has debt !! yet many are still profitable, as in net profit after loan payments etc. to be fair, arsenal have done a great job of building a world class stadium and maintain a half decent squad.. however much i feel Wenger lack personality, he and the board are doing a good job of running "THAT" club given the current economic climate