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Arsenal: 1m/ week profit. Crumbling empire

Premier League Arsenal
by U8772785 24 September 2007
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Arsenal's financial results for the yesr ending May 2007 just revealed an operating profit of 51.2m, and a cash balance of 73.9m. On top of this, Arsenal also will receive the benefits of the 724 flats at Highbury Square which is estimated to produce a net profit of somehere around 100m (91% of the units being sold).

It is quite right that Arsenal also have a debt of 260m, resulting in interest payments of 13m a year, but at the current rate of profitability, such a debt burden is insignificant. Theoretically it could be paid off in 5 years.

These results show that far from being restricted on the transfer market, Arsene Wenger could have in fact purchased Tevez, Torres, Nani and still have changed left over for Bent. But who would have been so stupid to buy Bent?


It was an interesting summer watching teams like Spuds spend so much cash on players who can't perform. Likewise, the comments from the plastics at Chelsea who were very quick to suggest that Arsenal FC were crumbling and that their time at the top table was over.

A recent valuation by city accountants stated that Arsenal were now valued above Manchester United, making them the biggest club in the UK. I think it is correct that Arsenal are no longer sitting at the top table, and the reason for that is because the
old top table had attracted some low life (the Chavs) and some wannabes (spuds). Arsenal have moved off that particular top table onto an entirely different level, both on the pitch and financially. It is ironic that those supporters who were so quick to suggest that Arsenal were crumbling are now getting everything they deserve. Long may that continue.

The top true top table is the Big 3. The aristocracy of English football. Arsenal. Manchester United and Liverpool. Always has been. Always will be. I am no fan of United or Liverpool, but credit where it is due. They are big clubs and they know how to run a football team. There is a new top table, and the crumbs from that table are now all that the spuds and chavs can hope for.

Latest 10 comments

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posted Oct 6, 2007

DONT BUY THAT CACK FOR ONE SECOND....

YOUR BROTHER MY ARSENAL!!!!

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posted Oct 6, 2007

I have been on holiday and one of the other pcs broke down so I let him use my computer and let him use my 606 userspace. I cant stand wrestling its a joke and its boring. my brother likes wrestling not me.

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posted Oct 6, 2007

Rubbish.

Not that i care.

You are covering tracks because all credibility was lost.
Climbing down during an argument is sometimes difficult, but necessary.

I simply do not believe for one second that you let 'your' brother loose to post at will.

Still, get on with your life and onwards and upwards.

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posted Oct 6, 2007

say what you like that is fact in if you cant believe it thats youre opinion. why the hell would I cover up my tacks thats not what I do. there are two pcs in the house one broke down so he used the other pc when you have brothers sisters you cant be selfish in my house.

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posted Oct 6, 2007

Making all the same grammatical mistakes and poor punctuation....

Clueless...call me heartless but you are clueless.

Although the Glazers are second rate, vulgar and odd looking...enough so, that i wont be inviting Glazer Snr round to babysit my kids...no sireeee

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posted Oct 6, 2007

when I post I write so people can read it its not school where it has to be perfect, you must be a teacher then.

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posted Oct 6, 2007

I am a sort of teacher, but not in the way you mean.

I teach discipline...lots of it.

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posted Oct 6, 2007

if you want a war I can go all day. instead of all these personal remarks how about how we go to war about how youre thick brainless academy coach liam brady on rte who should be on the brady bunch that I cant stand along with ray houghton dumbfree and that irish hack who the only good thing they are good at is drinking down the pub. that he continues to call anderson ronaldo nani along with the other irish hacks average when he should use players like ronaldo has an example on the type of players that he should be producing especialy if he is trying to produce wingers.

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posted Oct 22, 2007

I must admit i thought Arsenal had delusions of grandeur building a 60,000 stadium. But every home game is full.

You are allowed to spend some of that profit though. You do know that right?

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posted Sep 20, 2008

Big deal about it, every clubs been rich, manchester, man city there rich, arsenal future turned out to be sacks of money, after about 3 years you might see sunderland with 4m per match.
Take it easy, BIG DEAL!

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