Arsenal FC Financial Results for 2013/14 Season

Arsenal Football Club have announced the financial results for the year ending May 31st, 2014.

The club seems to be in a very solid financial position with revenues exceeding £300m and £173m cash on hand.

Here are the important numbers from the financial report:
(please note that the numbers in brackets are last year's results)


Profit (before tax): £4.7m - (£6.7m)

Total Revenues: £301.9m - (£280.4m)

Football Revenues: £298.7m - (£242.8)

Football revenues are from broadcasting, commercial activity and the sponsorship deal with Emirates. Arsenal participated in the UEFA Champions League and won the FA Cup in last season.

Operating Profits: £62.1m - (£25.2m)

Operating profits are before depreciation and player trading.

Wage Costs: £166.4m - (£154.4m)

Player Sale Profit: £6.9m - (£47.0m)

Cash Balance: £173.3m - (£119.6m)

Cash balance does not include the amounts designated for debt service.

Arsenal Holdings plc has no short term debt.

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In the 2014/15 summer transfer window, which is not counted in the numbers above, Arsenal spent around £78m to bring in Alexis Sanchez from Barcelona FC and Danny Welbeck from Manchester United. The summer transfer window net spend was in the area of £46m.

According to the reports in the media, Arsene Wenger will have about £30m available to spend in the January 2015 transfer window.

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Considering the increase in football revenues and a substantial amount of cash on hand, Arsenal FC are in a very good financial position going forward.

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For the full report from Arsenal Holdings plc - Please click here.