Arsenal News 24/7Writer: Nick Simmonett 
Date:Monday September 24 2007
Time: 7:29PM
UK time is: 09:50:26
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Arsenal Reaping Emirates Rewards
The egarly anticipated results for the last financial year reveled an even bigger increase in revenue and profit than anyone had expected.
Of course, a move to a stadium with an extra 22,000 seats, and a massive assault on the retail market are going to see income rocket, but not even the Arsenal money men knew that the Arsenal group would set British records come May.
It was predicted before Arsenal's move to the new Ashburton Grove Stadium that match day revenue would increase by about £30 Million, which would have taken the season's total to around £74 Million.
That forecast proved to be some way out as Arsenal's match day revenue alone exceeded the total income of some Premier League clubs. Match days generated a staggering £90.06Million in that time, despite Arsenal exiting the Champions League in the second round.
Arsenal's total turnover was up to £200.08 Million from £137.2 Million in the previous year. That's a ride of 46%.
Another very interesting thing to note is Arsenal Holding's PLC's bank balance. Last time the financial results were published it had fallen to £35.6 Million. This time around that has risen to £73.9 Million.
While these results do not take into account depreciation (which could, in theory, reduce the figures by as much as 20%), it also doesn't take into account player trading in that time, which was also a profitable side of the business for Arsenal.
The results also showed that 91% of the appartments at the Highbury Square development have been pre-sold. The total value of the site is expected to exceed £300 Million.
The results put to shame the likes of Chelsea and Manchester United, who's turnover was £152.8 Million and £167.8 Million respectively.
Speaking after the publication of the results Peter Hill-Wood said: 'The best way that Arsenal can continue to deliver success is by maintaining a business that pays its own way.
'We have always pursued, and intend to continue with, a policy of re-investing profits and surplus cash into team development.
'Emirates Stadium now provides the club with the firm financial foundations from which we will continue to build trophy winning Arsenal teams for many years to come.'
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Your Comments
Altogether now, HOW DO YOU LIKE THEM ******** APPLES DEIN??????????
Little Dutch
Money, money, money, money, MONEY!!!! Rich, rich I tells ya, rich!! And all from the clubs hard work, fantastic support from the fans and all in all, the best run football team in the world.
Rocky7
i am more interested in great perfomances and great results on the pitch. please, please bring back the league title to Arsenal this season..
fcdematthew
Up yours chelsky and manure and f@#k off dein.
Armory
Savour every moment Gooners, as Chelsea have proved, every thing can go tits up at the drop of a manager. It feels so good to be red and white right now.
Rocky7
wow didn't expected this, thoguth united far easts presense would always win home
EvertonMike
EM Arsenals far east presense is growing all the time.
Armory
Man Utd should still be above us when their results are released, I doubt Chelski will be though. The difference though is that Man Utd are paying some ridiculous interest charges & aren't even paying back the actual loans yet. I just cannot wait to see the spuds post their results so we can all laugh at the debt they are now in due to stupid spending on players rather than doing things the right way. I heard that they will have to sell their best players if they dont make the top 4 this season. Its a far cry from the uninformed comments their fans were making pre season.
Ashburton Gooner
So much for 'Cashburden Grove' eh? DD, Usmanov, you can both shove your ******** rubles up your arse!
simmy8_2000
AG - That would make me the happiest Gooner in the world. Imagine Spurs without Berbatov, King, Lennon...........I thought the list would be longer than that, but I can't think of anymore good players
Rocky7
The only burden that we have is the strain on the wallet......it's creaking at the seams!!
Rocky7
Now let those who claim our financial prospects aren't sufficient to remain competitive in the future tell us precisely how they would go about increasing the clubs revenues while maintaining it's longer term stability. Not just airy fairy stories about multi billionaires willing to throw money at us just because they have always loved the club. Lets hear a sound reasoned commercially justified business case for doing things differently. Just don't hold your breath while waiting for the response.
Amos.
Is my editor *****ed? He's never this cheerful. ;-)
simmy8_2000
Arsenal are loaded! give is a tenner?.. ^^
upthedale
*us..
upthedale
It seems like Usmanov did the board a PR favour: Everyone's sooo happy to make them rich, I don't think this was the case a few months ago! But in all fairness, they are a in a different league as far as boards go, and deserve success.
afri-gooner
We'll finish outside the top four, the debt will cripple us, Cesc will join Barcelona, wenger will leave us, Spurs will finish above us...........all statements we've had shot at us over the past few years, the only thing that anyone got correct was that Henry would leave.....and that turned out to be a wonderful thing!!
Rocky7
Exactly what I been thinking all day simmy lol.(cashburden, got to give credit to whoever came up with it though) Suppose Arsene will no longer need my choccies and crisps for signing players, I'll start off with the M&Ms (feeling sick already :S )
saisho
If it wasn't for Wenger we wouldn't be in this position, would any other manager been able to do what he has? Successive Champions League qualifications on a small budget (compared to our rivals). We love you Arsene and we love you Arsenal.
saisho
Happy happy days! Everything is going too well; I don't get it - top of the league, not lost yet, everyone playing great, our summer buys look classy, Wenger extends his contract, our club is sound financially... all that, and two big Chav- and Spud-shaped cherries on top! Somebody wake me up!
Andy-bayor
I'll knock on wood for you Andy before you jinx us! heh
SUX2BU
whats the Abba song hmmmmmm ? where as Jol is singing Gloria Gaynor's "I will survive" and Chelski singing Scissor Sisters " I Don't feel like dancin "
PUREGOLD
It CAN get better. What with Spurs begging Mourinho to join their sorry butts. And Mourinho telling them to go to hell. Lol! I almost feel sorry for our inbred neighbours.
You gotta love Wenger's response to being told he had £40 million to blow in January. "Thanks very much, I have done my business in the summer. I will spend it later on."
That's Class!
Wyn Mills
It's taking all my will not to go on the spudz site and rub their so-called "predictions" in their collective faces.....karma is a wonderful, beautiful thing.....
KaoTeK
what a dream start to the season. unbelievable.
supersof
Saw this on time talk LD and I love it, sorry not much to say but this I feel says it all Owen Hargreaves, £17million; Fernando Torres, £21million, Florent Malouda, £13million - Arsene Wenger, priceless.
alwaysgunner
thats classy alwaysgunner...this club just gets bigger and bigger
mish
And we apparently have a 100 million pounds to spend on transfers.. we all knw that it wont be spent tho'! fantastic!
arsenalrulz4ever
can we expand the stadium so we'll get richer and richer?
MYgood-ners
This is brilliant news especiallyt considering the timing as it gives DD the message that he can ***** right off and to Usmanov say it twice.
Ozi Gooner
Too good, far too good, to be true! We told them pessimistic. ignorant, plain faithless people all along that with the stadium as our new cash cow we'd be more than rich enough to pay for the debts, survive Henry's departure, secure Arsene's tenure, see the young players do very well, even afford some great players if Arsene wanted, etc etc. and therefore would not need a sugar daddy. Just how many times did we reiterate those and yet they didn't listen?! I'm so happy now - not because we're proven right, but because we're in love with such a great club!
Louisa
Cashburden Grove? i call it Cash Generator.
fcdematthew
this is fantastic. and the results will get even better next season because our presence is growing in the far east. i live in india and there are more gooners than manure and chelski supporters here. the team is being globally loved because of the football we play, because we entertain every football fan in the world. Long live the king, Long live Arsene Wenger..
luckys_10
and i'm sure Arsene will sign a striker in january, as we lose players for the African nations cup, and also to launch an all out attack on the league and Champions League, and i hope everyone welcomes Le Sulk back to the club..
luckys_10
When you think how far Wenger has taken us. Dare I say it... The next manager... will have to be a complete tard to muck us up now. Great Finances, great stadium, great training facilities, great board, great fans, and most of all GREAT PLAYERS!
ArsenalRob
Its high time we had some spuddies on here to back up their claims that we are a club in decline and they're on the up! they've been pretty quiet havent they ?
TR7
Was just about to ask that, TR7... where on earth are those inbred so-and-so's? What a way to shut the spuds and chavs up, eh?
KenyanGooner
It's nice to see an article that doesn't contain the posts and comments of abusive Spuddies......that said, any Spurs fan trying to take the wee wee here would sound very silly.
Rocky7
Two observations. Firstly, Arsene Wenger has to take a huge amount of credit not just for the team that he puts out on the pitch but also for the way that he develops talent. This development, coupled with some astute buying and selling has done as much for Arsenal's balance sheet than anything else. Yes, he's made mistakes (Francis Jeffers, anybody?) but, overall, he's spent next to nothing compared to his "splash the cash" counterparts at Manchester United and Chelsea. Secondly, Arsenal fans should be encouraged by these financial results but shouldn't rush to crow about them, because these figures aren't as clear cut as they might seem. For example, I understand that the corporate suites that make up one third of the matchday income were sold on a three year basis: do these numbers report all that corporate income or only this year's proportion of it? On the whole, great news for Arsenal but it does just underline Wenger's importance and value: not only has he saved the club a small fortune in transfer fees and player wages, but he's put so many bums on seats that, for the moment at least, Arsenal seem to be laughing all the way to the bank.
DeathBeforeDishonour
I hear you, lucks_10. I'm from India too and Arsenal are bigger than Man Utd her IMO
WouldYouBelieveIt?!
He's done well but surely the players in England can't be so bad that he completely ignores them. If all teams were like Arsenal then it would be a bad lookout for England.Joe Cole, John Terry, Frank Lampard and now Wright Phillips have all benefited by being at Chelsea. Our Academy has got a number of promising English youngsters coming through. I’m not having a go, we were the first team to field an all foreign team (I remember Arsenal fans having a dig about this at the time). This was due to the financial constraints on us at that time. Gullit built this team with considerably less money than Wenger has and to my mind it was a lot more entertaining. What I’m saying is that it should be the responsibility of the big clubs to nurture home talent and I hope to see Arsenal using their vast expertise to this end as soon as possible.
tjay
"Danny and I had dinner with Arsène in June," said Hill-Wood. "Danny said: 'What if we were to give you £100m to spend?' Arsène said: 'I'd give it back to you.'" From an amusing article in the Guardian. Hill-Wood refers to Kenyon's intention to "Paint the world Blue" as "Bull****"...I love it!
http://football.guardian.co.uk/News_Story/0,,2176506,00.html?gusrc=rss&feed=5
SUX2BU
Not very amusing but it shows we must be doing something right if every time an Arsenal representative speaks he has to mention Chelsea. Like they say all publicity is good publicity. The clap trap about Arsenal being a well run business with long term goals blah blah boring blah. Handed down from father to son. Now there's a novelty.
tjay
tjay: Chelsea are the root of all evil.
saisho
Saisho - and God's an Arsenal supporter I suppose. Well it's been interesting debating with you all on this site. I find your views fascinating.
tjay
I find you miserable actually - in the three posts you considered "debating". You just sound like a Spud in Gunner's clothing. It is not the "responsibility of the big clubs to nurture home talent", the responsibility of the big clubs is to simply put the best product they can on the field for the fans to enjoy...just like any sport in the world. Talk about beating a topic to death! Not an issue I imagined would be argued by a supposed Gunners supporter though...and yes, God is an arsenal supporter as is your queen!
SUX2BU
Obviously touched a nerve there but give me a break I only mentioned it once. As a keen patriot I believe it is the responsibility of the big clubs to nurture local talent. It just doesn’t make sense bringing in so much from abroad. Chelsea in the past are as guilty as Arsenal are now on this point but our Academy does seem to be dealing with that. I genuinely want Arsenal, Chelsea, ManU and Liverpool to be prioritising the search for English talent then the next generation can be entertained at Club level and international level. As a Monarchist it saddens me the Queen could stoop so low but even the high and mighty make strange choices at times.
tjay
Oh god. Here we go again!
WouldYouBelieveIt?!
Yes, like I said, talk about beating a topic to death.
SUX2BU
is this guy a gooner.. tjay.. up yours as they say.. the queen aint stopping low.. shez probably got the highest head in ur country.. already necks of our rivals are aching seeing us so far up in the league from their positins.. and that with not even a quarter gone.. its just about settling completely into place.. excellent figures though.. and u can keep ur comments to urself tjay.. unless u stop being such a duck.. oops.. mis-spelt.. dick..
go4it_adi
honestly, i support Arsenal. i dun care about individuals. if they play for Arsenal, they are Arsenal players. i dun care where they are from. if an Arsenal player leaves Arsenal, do i still care about that player? NO. in fact, i was hoping that Henry's Barca would lose to Sevilla so that we could ask Henry 'is the grass greener in Barca?'
fcdematthew
You Frenchies are destroying footy with your Euros. Damn you frogs, and your Euros.
Blue is the colour
:)))
Blue is the colour
Hmmm. Frank Leboeuf, Marcus Desailly, Didier Deschamps, William Gallas, Claude Makelele, Florent Malouda. Remind me what country they all come from? And remind me which London club they all played for? And that's discounting players like Didier Drogba, that made their reputations and were signed from French clubs. It seems that French players and a French influence have worked pretty well for Chelsea, wouldn't you say, Blue is the colour?
DeathBeforeDishonour
Oh please!!!! Don’t be afraid of argument it’s not difficult to rebut what I’m saying. I’ve only heard incredulity about my point no argument whatsoever. It’s clear that I have won this debate. You’ll be glad to hear I won’t return. It’s no fun. The high quality football your team plays is obviously wasted on you lot.
tjay
What an a$$-hat
SUX2BU
We always love a good banter. But if it's something which is being talked about every week senselessly, then there is no point. You haven't won any argument, tjay. Goodbye
WouldYouBelieveIt?!
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