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Monday, 27 February 2012

Arsenal Debt Increased Dramatically



Arsenal also have the advantage of their transfer activities in the summer. Arsenal release their financial statements during the first half of this season.


From the published financial details, it is known there is a profit of $ 80 million before taxes in the first half. In a statement released by the club, the income gain is derived largely from the sale of Sami Nasri and Cesc Fabregas at the beginning of the season.

However, there is a negative note in the financial statements, in which the number of Arsenal's debt increased $ 62 million to $ 217 million in the six months to 30 November. Arsenal chairman Peter Hill recognized-Wood that the financial condition of his team like a roller coaster, up and down this season.


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