Thread: Football Season 2013/14 & Summer Window
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Old 23-09-2013, 17:25   #2521
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Re: Football Season 2013/14 & Summer Window
Quote:
Club announces latest financial results
23 Sep 2013
http://www.arsenal.com/news/news-arc...ancial-results

Arsenal Holdings plc has announced its financial results for the year ended May 31, 2013:
  • Group profit before tax was £6.7 million (2012 - £36.6 million)
  • Profit on sale of player registrations amounted to £47.0 million (2012 - £65.5 million)
  • One-off charges related to the impairment of certain player registrations and associated costs amounted to £10.0 million (2012 - £5.5 million)
  • £58.7 million of investment in new players and extended contracts pushed amortisation charges up to £41.3 million (2012 - £36.8 million)
  • Turnover from football increased to £242.8 million (2012 - £235.3 million) driven mainly by commercial activity including the Club’s extended partnership with Emirates
  • Taking account of increased costs, principally wage costs, operating profits (before depreciation and player trading) from football decreased to £25.2 million (2012 - £32.3 million)
  • Property revenue rose to £37.5 million (2012 - £7.7 million) inclusive of the sale of the market housing site at Queensland Road. However, the Queensland Road sale was essentially at break even in profit and loss terms. Overall operating profits from property increased to £4.4 million (2012 - £2.2 million)
  • The Group has no short-term debt and continues to have a robust financial platform from cash reserves, excluding the balances designated as debt service reserves, of £119.7 million (2012 - £120.1 million)

Commenting on the results for the year the Club’s chairman, Sir Chips Keswick, said: “It is my job to ensure we steer further along the course we have set. "We must continue to grow commercially to provide the Club with the best opportunity to achieve success and we must do this in a way which remains true to our values and which ensures and protects the long-term sustainability of the Club. We face a competitive landscape across the top of the Premier League and across Europe’s elite clubs which is tougher than ever. Despite fair play initiatives the financial competition for top players remains intense and transfer prices and player wages continue to move ever higher. It is therefore positive that the strong financial platform we have created in recent years allows us to continue to be competitive at the highest level.”
Quote:
tim payton ‏@timpayton
Arsenal financial results came in very close to the estimates made by Simon & Nigel for @AST_arsenal Small profit & very large cash reserves
3:14 PM - 23 Sep 13
https://twitter.com/timpayton/status/382145917081513984
Quote:
Swiss Ramble ‏@SwissRamble

#AFC 2013 profit before tax £7m (2012 £37m), profit after tax £6m (2012 £30m).
https://twitter.com/SwissRamble/stat...49158876229632

#AFC 2013 profit before tax of £7m (2012 £37m) split between: football £2m (2012 £34m) and property development £5m (2012 £3m).
https://twitter.com/SwissRamble/stat...49369308643329

Main reasons for £32m fall in #AFC football profit is lower profit on player sales £47m (2012 £65m) plus wages growth to £155m (2012 £143m).
https://twitter.com/SwissRamble/stat...49632400588800

Player sales included RVP to Man Utd and Song to Barcelona. Ozil purchase will only be reflected in #AFC 2013-14 figures.
https://twitter.com/SwissRamble/stat...49690646876160

#AFC 2013 revenue £280m (2012 £243m) split between football £243m (2012 £235m) & property £37m (2012 £8m).
https://twitter.com/SwissRamble/stat...49914710773760

#AFC 2013 revenue: match day £93m (2012 £95m), broadcasting £86m (2012 £85m), commercial £62m (2012 £52m), player loans £2m (2012 £3m).
https://twitter.com/SwissRamble/stat...50073041571840

#AFC 2013 commercial revenue of £62m includes new Emirates deal (recognised over new contract term), but is around 40% of Man Utd's £153m.
https://twitter.com/SwissRamble/stat...50751952584704

#AFC 2013 results: cash balances still high £154m (2012 £154m). Gross debt reduced to £247m (2012 £253m). Next highest PL cash: Man Utd £94m
https://twitter.com/SwissRamble/stat...51023093374976

Highest English revenue: MUFC £363m (2013), CFC £261m (2012), #AFC £243m (2013), MCFC £231m (2012), LFC £189m (2012), THFC £144m (2012).
https://twitter.com/SwissRamble/stat...51173127823360

Highest English wage bills: MCFC £202m (2012), MUFC £181m (2013), CFC £176m (2012), #AFC £155m (2013), LFC £131m (2012), THFC £90m (2012).
https://twitter.com/SwissRamble/stat...51296096423938

#AFC 2013 results: club confirms revenue from new PL TV deal will be around 50% higher in 2013/14, so up £29m from £57m to £86m.
https://twitter.com/SwissRamble/stat...62938054062080

#AFC 2013 results: since 2009 revenue has only grown 8%, while wage bill up 49%, leading to rise in wages to turnover ratio from 46% to 64%.
https://twitter.com/SwissRamble/stat...65540800040961
Wenger can spend.. even our late Fiszman said so in 08 and he was one who you didnt really want to cross



---------- Post added at 17:25 ---------- Previous post was at 15:47 ----------

Flamini has been cautioned by the FA for threatening Marc Wilson after he tackled Jack Wilshere unfairly. Mathieu said 'do it again and I'll blind you'.
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