Arsenal have cash reserves of £137.6m excluding debt service reserve balence at half year
“Arsenal record a profit of £25.1m up from £12.6m for the half year”
“Club shows approx 8% increase in commercial growth. From £40m to £43m circa for 6 months”
Profit on player sales was £58.4m
That’s great, we’re making loads of money.
Shame we’re having our worst season under Wenger.
Wages costs have increased by £13.2m
How can this be right?
They can’t have included the wages we are saving, after selling, Walcott, Chamberlain, Coquelin, Gabriel etc.