Arsenal’s latest financial results sees healthy cash reserves for new summer signings, profits up, TV revenues up – but player wages rise and commercial income flatlines as club also explores renewable power supplies at Emirates Arsenal’s latest financial results published this week show a record high of 110.5m spent on players – with a 20 per cent rise in turnover to 191.1m from 158.1m for the six months to the end of November 2016. Layth Yousif MBA studies the results so you don’t have to… Broadcasting revenues amounted for A 25m of total turnover with the primary driver being the increase value of the new Premier League television contract.
Category: Lucas Perez
Arsenal announce increase in football turnover to 191.1million
Arsenal have announced half-year results which show a record investment in players of some A 110.5million and an increase in football turnover to A 191.1million. The figures for the parent holding company of the Premier League club are for the six months ending November 30 2016.
Sutton switch focus to avoiding relegation after Arsenal end FA Cup run
Sutton chairman Bruce Elliott has said the club must focus on avoiding relegation from the National League after the “wonderful distraction” of a run to the FA Cup fifth round. Arsenal brought Sutton’s fairytale run to an end with a 2-0 win on the plastic pitch at Gander Green Lane through goals from Lucas Perez and Theo Walcott, but it was not a night anyone at the club would forget in a hurry.
Arsene Wenger ‘astonished’ by Sutton’s performance as Arsenal progress in FA Cup
Arsene Wenger admits the performance of non-league Sutton was “astonishing” as they offered a stern test to his Arsenal side before falling to FA Cup defeat. The Gunners travelled to the humble surroundings of Gander Green Lane for the fifth-round meeting as Wenger named a strong starting line-up with goals from Lucas Perez and Theo Walcott sealing a 2-0 win.
Kieran Gibbs sees plenty of hard work ahead for Arsenal
Kieran Gibbs was pleased to see Arsenal return to winning ways against Hull on Saturday but insists there is still plenty more to come from the Gunners. The England left-back was recalled to the starting line-up as Alexis Sanchez scored a brace to see off the spirited Tigers at the Emirates Stadium as Arsene Wenger’s side picked up three vital points following two successive defeats.
Leader Chelsea stays in control after title rivals stumble
Chelsea could afford to miss a late penalty in a 1-1 draw at Liverpool on Tuesday, as Antonio Conte’s side extended its lead at the top of the Premier League and its rivals sabotaged their own title bids. Netherlands midfielder Georginio Wijnaldum equalized in the second half for Liverpool, which then had goalkeeper Simon Mignolet to thank for saving Chelsea striker Diego Costa’s spot-kick.
Arsenal Transfer News: Andrea Belotti Interest from Arsene Wenger, Fresh Rumours
Arsenal manager Arsene Wenger has reportedly requested that he be kept informed about any offers for Torino’s Andrea Belotti despite being put off a move after hearing the striker is valued at 50 million. Daniel Cutts and Emanuele Giulianelli of The Sun reported Wenger would still be interested in a deal for the Italy frontman in the future, even if his fee is too rich for the Gunners’ liking right now.