Arsenal again 'Financially Successfull'...

by Wilson37 Thu Jun 09, 2011 4:32 am

From Goal.com
The Premier League's 20 clubs lost close to half a billion pounds last year despite income soaring past the £2 billion barrier for the first time, according to a report by football finance experts Deloitte.
The clubs in the top division inthe 2009-10 financial year generated total revenues of £2.03bn in the face of the economic downturn. This wasprincipally due to broadcasting revenue increasing by seven per cent to £1.04bn to become the first £1bn revenue stream ofany domestic league in the world.
However, pre-tax losses deepened by 62 per cent to £445m as 16 of the 20 clubs were in the red, with only Arsenal and the three promoted clubs - BirminghamCity, Wolves and Burnley - generating profits.
The Premier League continues to be at the forefront of the global obsession with football as it maintained its dominance as the richest league in Europe, followed by Germany (£1.4bn), Spain andItaly (£1.3bn each) and France.
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Really not suprising for an Arsenal fan as we are used to it and we know how Wenger manages the team.. Its surprising that even ManU fails even after winning the League and reaching Champions League final...
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With the Financial Fair Play implementation, will we gain an advantage over City and Chelsea.. What do you think ?
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by TalkingReckless Thu Jun 09, 2011 4:39 am

this is from the 09-10 not 10-11.......

so the ManU going to final and wining EPL doesn't count

by Sushi Master Thu Jun 09, 2011 5:00 am

I don't know this year's numbers, but I know that we can spend cash if we want to which is what pisses me off when we don't, just for the sake of filling a few more pockets.

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Arsenal again 'Financially Successfull'...

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