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Thread: Arsenal profits reach record high

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    Respected Member Win2Win's Avatar
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    Post Arsenal profits reach record high

    Arsenal profits hit a record high boosted by flat sales from the development of their former stadium.



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    Respected Member tomboo's Avatar
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    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


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    Quote Originally Posted by tomboo View Post
    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.


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    Administrator KeithD's Avatar
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    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.
    Keith - Administrator


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    Respected Member tomboo's Avatar
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    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


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