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.