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Arsenal Group profit before tax was GBP17.8 million

Profit on sale of player registrations amounted to GBP42.5 million

Turnover from football fell to £106.1 million from £113.5 million as a consequence of there being four fewer home fixtures.

Arsenal cash reserves of £123.3 million.

Arsenal overall after tax profit for the 6 months is £14.9m

https://twitter.com/JamieDalton82

Arsenal post a £5m profit from football side of club before depreciation and player trading

Property revenues were boosted to GBP32.3 million by the sale of the market housing site at Queensland Road

Cash not clear YET but showing cash reserves of GBP123.3 million (which is post cash used as cash cover on debt)

If you strip out the 4 games less than season before club posts a £4m increase in football turnover.

So the 5 year plan, has been to sit still, collect bonuses and wait to renew EMirates and Shirt and pat yourselves on the back

Looks like Arsenal has paid in cash for players in summer - Podolski, Santi, as it seems to have used a large chunk of cash up forcasted...

Showing that £40m odd used for new players in summer and extensions. Leaves £120m vash in bank, with useable cash at £99m

Again Emirates deal a little smoke and mirrors, ''up to £150m'' Wonder how much is guarenteed, and how much is dependent on ECL bonuses etc

Arsenal owed £31.5m by other clubs for players sold

Cash reserves definately used for player purchases, accounts show Arsenal owe £13m on player purchases.

Show how ridiculous is was that it allowed MUFC to pay for RVP over staged payments.

Arsenal confirms summer Asian tour is indeed 3 games

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

The Club has recently submitted a planning application to Islington Council to stage a further three concerts at Emirates Stadium.

The Clubcurrently has planning consent to hold 3 a year and has now requested permission to hold up to six concerts each summer from 2014.

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

As @Brett_leverton points out these accounts not showing front loaded Emirates payment of circa £30m which is either banked or close to be.

https://twitter.com/DarrenArsenal1

Arsenal have chosen to merge (hide) wage costs with other football costs this time out. So hard to fully analyse how the socialism is going

But it appears that the annual wage bill at #Arsenal will be getting very close to £150m

https://twitter.com/timpayton

#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).

#AFC Interims results: underlying improvement in cash balances still positive, despite fall from May to November.


#AFC Interim results: there has been an unhealthy reliance on player sales to make profits in last few years.


#AFC Interim results: almost all the revenue growth in last 5 years has come from centrally negotiated TV deals.


#AFC Interims: £8m match day revenue fall due to 4 fewer home games, but only 1 due to timing. Likely to be 26 games in 12/13 vs 29 in 11/12

#AFC still have plenty of cash to spend on new players. In future, wages should be covered by more revenue from new TV and commercial deals.

Some #AFC deadwood coming to end of contract in summer, but impact of new contracts for Walcott, Wilshere, etc will hit wage bill.

One big question for the #AFC business model is what happens if they fail to qualify for the Champions League...

https://twitter.com/SwissRamble

---------- Post added at 16:59 ---------- Previous post was at 16:42 ----------

Originally Posted by Damien

Interestingly the figures suggest that 'all that money' Wenger has might not be there. The money made selling players once again equals or exceeds the players brought. Every year there seems to be a balance between the two and we often have sold before we've brought, remember Mata falling though because we were waiting for the FÃ*bregas deal to be done? If we hadn't sold players last year and simply brought the players we did anyway (all of whom would have been needed anyway) then Arsenal would have lost money this year. In reality there seems to be under £30 million to spend on both transfers and new contracts before player sales. Anything else means using up the cash reserves....

Wage bill 150-160mil