Arsenal Finance Thread

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Arsenal Finance Thread

Post by Jay29 on Mon Feb 25, 2013 4:20 pm

It's that time of year again:

http://www.arsenal.com/news/news-archive/club-announces-latest-financial-results

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Swiss Ramble summarises:

#AFC Interims (6 months to 30 November 2012) profit before tax £17.8m (2011 £49.5m), profit after tax £14.9m (2011 £38.0m).

#AFC Interims profit before tax of £17.8m (2011 £49.5m) split: football £15.6m (2011 £48.9m) and property development £2.2m (2011 £0.6m).

Main reason for £34m fall in #AFC football profit is lower profit on player sales £43m (2011 £63m) & match day revenue £38m (2011 £46m).

#AFC Interims player sales £43m mainly RVP and Song, while previous year £63m included Fabregas, Nasri and Clichy.

#AFC Interims results: excluding property profit £2m and profit from player sales £43m, AFC actually made a loss of £27m before tax.

#AFC Interims revenue £138.4m (2011 £116.7m) split between football £106.1m (2011 £113.5m) & property £32.3m (2011 £3.2m).

#AFC Interims revenue: match day £37.8m (11 £46.0m), broadcasting £40.1m (11 £40.6m), commercial £27.7m (11 £26.6m), loans £0.6m (11 £0.4m).

#AFC Interims results: cash balances still high £123m. Lower than May (£154m), due to timing of season ticket renewals.

#AFC Interims gross debt cut to £246m (May 2012 £253m), while net debt worsens to £123m (May £99m) due to lower cash of £123m (May £154m).

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Re: Arsenal Finance Thread

Post by Raptorgunner on Mon Feb 25, 2013 4:39 pm

Darren ‏@DarrenArsenal1

Matchday revenue down, less corporates, and commercial revenue down as well

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Arsenal announces latest financial results

Post by Raptorgunner on Mon Feb 25, 2013 5:12 pm

Darren ‏@DarrenArsenal1

Arsenal £155m wage bill - MUFC £162m wage bill - Arsene "we have a socialist wage structure" proves rewarding of poor players

WTF?

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finance

Post by Jay29 on Tue Feb 26, 2013 11:42 am

More from Swiss Ramble on our finances:

Many look at #AFC £123m cash balance and assume that it’s all available for transfers, but it’s not quite that simple, due to many factors.

1. Seasonal nature of cash flows, e.g. May balance high due to season ticket renewals, but used to pay annual expenses, including wages.

2. As part of their bond agreements, #AFC have to maintain a debt servicing reserve (£24 million in Interims).

3. Similarly, #AFC also have to maintain a small reserve of £1.2m that is restricted to use for the Queensland Road property development.

4. Outstanding transfer fees – at Interims #AFC owed other clubs £31.6m, but were in turn owed £31.4m by other clubs.

5. Contingent liabilities (£7.8m), where transfer payments are made based on conditions being met, such as no of #AFC 1st team appearances.

6. Timing of cash from property development: #AFC interims mention £20m from Queensland Rd “receivable in instalments over a 2 year period”.

7. Timing of Emirates sponsorship cash: new #AFC deal is frontloaded with talk of £30m being made available this summer.

8. Most transfers are funded by stage payments, so #AFC would not necessarily need all the cash upfront.

9. In addition, #AFC could easily take on some additional debt, given the strength of the balance sheet.

10. #AFC also need to fund new signing’s wages, but partially offset by departure of existing players (Arshavin, Squillaci, Fabianski, etc).

11. That said, #AFC wage bill will be hit by improved contracts for the “Brit Pack” (Wilshere, Walcott, Gibbs, Ox, Rambo, Jenko).

12. However, #AFC (like other clubs) will benefit from much higher Premier League TV deal from 2013/14.
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Re: Arsenal Finance Thread

Post by RealGunner on Tue Feb 26, 2013 6:56 pm

Created a new topic for this since it's an important thing ( fairly )
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Re: Arsenal Finance Thread

Post by djoe26 on Tue Feb 26, 2013 7:22 pm

Is it better from last year?

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Re: Arsenal Finance Thread

Post by Raptorgunner on Tue Feb 26, 2013 7:35 pm

Arsenal Trend ‏@ArsenalTrend

Currently we have 99M available to spend on new players. Suspect
Total, 71 players are on Arsenal's pay roll. hmm

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Re: Arsenal Finance Thread

Post by Eman on Wed Feb 27, 2013 3:01 pm

So without selling RvP and Song, we would have been recording a loss hmm

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Re: Arsenal Finance Thread

Post by REWB on Wed Feb 27, 2013 3:15 pm

lol, the way we sold song was funny though, it was just so lax and under the raider because of the rvp situation.

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Re: Arsenal Finance Thread

Post by Jay29 on Wed Feb 27, 2013 3:18 pm

@Eman wrote:So without selling RvP and Song, we would have been recording a loss hmm

It's been like that for years. We've been heavily reliant on the money from player sales because our commercial income was inadequate and we haven't helped ourselves by spending unwisely or player salaries.

With the new sponsorship and TV deals coming into play we should, hopefully, be seeing less reliance of profit made from player sales, although it'll be interesting to see how we fare without the money from being in the Champions League.
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Re: Arsenal Finance Thread

Post by REWB on Wed Feb 27, 2013 3:35 pm

do you think we are going to lose a profit next year? who are we going to sell? i mean there is wilshere but....we all know what would happen if the board decided to sell wilshere. i predict there would actually be riots and i feel that people would actually protest SERIOUSLY by not coming to the stadium anymore. i cant see the board ever selling wilshere. so who else? sagna? maybe but how much would psg be willing to pay? 10mil? would it be worth it selling him? i dont think so imo, he is important. ahh but then again, the new pl deal next season will help out. so finally this summer, it seems we wont need to sell anyone.

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Re: Arsenal Finance Thread

Post by Jay29 on Wed Feb 27, 2013 4:26 pm

If we don't buy or sell anyone, we might still make a profit with the new commercial and TV deals and Champions League money all coming in. But if we go on a spending spree then we probably won't. Depends on how much we spend.

At this point, I think Sagna will probably be the only major departure in the summer, which is still one departure too many, but it wouldn't be as bad as the Cesc or van Persie sales. Wilshere's going nowhere. Our board's not great but they're not actively looking to sell anyone and they and Wenger will tell any interested clubs to eff off.
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Re: Arsenal Finance Thread

Post by RealGunner on Wed Feb 27, 2013 6:22 pm

We should try to get Hugo Mallo of Celta before he goes mainstream
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Re: Arsenal Finance Thread

Post by Great Leader Sprucenuce on Wed Feb 27, 2013 6:31 pm

@Raptorgunner wrote: Arsenal Trend ‏@ArsenalTrend

Currently we have 99M available to spend on new players. Suspect
Total, 71 players are on Arsenal's pay roll. hmm

Because you have 99m in the bank don't mean its available to spend on players.

By that logic we have over 100m to spend on transfer fees....

Something that needs to be said and a lot of people don't seem to understand.

If you spent all that the club would have no money and no one is stupid enough to do that.

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Re: Arsenal Finance Thread

Post by RealGunner on Wed Feb 27, 2013 6:36 pm

We will spend 40m of that if we manage to sell the deadwood and fringe players
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Re: Arsenal Finance Thread

Post by Jay29 on Wed Feb 27, 2013 7:22 pm

Again, Swiss Ramble did a good job explaining these things. Yes, there's £123mil cash in reserve but there are several expenses that that money is required for.

If I had to guess our budget for transfers this summer, I'd say enough to actually buy enough players with. Or, in other words, nobody has a clue, and we should all be weary of what newspapers and Internet Bullshit Artists have to say on the matter.

Let's be frank, we could have £100mil to spend, but it'd mean jack all if the manager decides not to spend it.
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Re: Arsenal Finance Thread

Post by ExtremistEnigma on Wed Feb 27, 2013 7:41 pm

Well, they've announced profits. Someone give me them a trophy for that. Very Happy
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Re: Arsenal Finance Thread

Post by Wilson37 on Fri Mar 01, 2013 2:10 am

@ExtremistEnigma wrote:Well, they've announced profits. Someone give me them a trophy for that. Very Happy
atleast we have a profit.. Some clubs keep spending high, keep losing, only to win the glorious 6th or 7th place trophies..

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Re: Arsenal Finance Thread

Post by Wilson37 on Fri Mar 01, 2013 2:14 am

@REWB wrote:do you think we are going to lose a profit next year? who are we going to sell? i mean there is wilshere but....we all know what would happen if the board decided to sell wilshere. i predict there would actually be riots and i feel that people would actually protest SERIOUSLY by not coming to the stadium anymore. i cant see the board ever selling wilshere. so who else? sagna? maybe but how much would psg be willing to pay? 10mil? would it be worth it selling him? i dont think so imo, he is important. ahh but then again, the new pl deal next season will help out. so finally this summer, it seems we wont need to sell anyone.
its not like we dont need to sell someone.. But like there is hardly someone to sell who will fetch us some decent cash except Wilshere.. Very Happy

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Re: Arsenal Finance Thread

Post by RealGunner on Fri Feb 14, 2014 3:16 pm

http://www.arsenal.com/news/news-archive/51238/club-announces-latest-financial-results

Via DarrenArsenal1



-Arsenal cash reserves over £120m

-Arsenal cash in bank £120.6m + £22m in reserve (cash cover that cant be touched) £140m+

-Match day income increased to GBP45m (Previously 37m)

-Arsenal turnover from football increased to GBP136 million

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Re: Arsenal Finance Thread

Post by RealGunner on Fri Feb 14, 2014 3:17 pm

We are going to renovate our training facilities with the extra cash apparently.
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Re: Arsenal Finance Thread

Post by RealGunner on Fri Feb 14, 2014 3:51 pm

June 1st forecast would say Arsenal will have £175m cash + reserve account as bank cash. (Puma/Season Tickets/2nd Half Result Profits)
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Re: Arsenal Finance Thread

Post by Sina on Fri Feb 14, 2014 3:55 pm

Darren ‏@DarrenArsenal1 wrote:we have the money for 2 £40m players easily
hmm

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Re: Arsenal Finance Thread

Post by RealGunner on Fri Sep 30, 2016 4:21 pm

Tweets via @DarrenArsenal1

Arsenal Group profit before tax was GBP2.9 million

Arsenal Turnover from football increased to GBP350.6 million

Arsenal Wage costs rose to GBP195.4 million (2015 - GBP192.3 million) and represented 55.7% (2015 - 58.4%) of football revenues

Arsenal has £191.1m after the cash cover reserve is removed

Arsenal spent £90m on transfer post June 1

Arsenal Full cash reserves stand at £226.5m (with the £30m cash reserve)

Arsenal this year announce caveat that cash balance stands at £149m when you exclude money owed on transfers and cash reserve cover

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