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Home -> News -> EPL -> Revenue Boost for Gunners post FA Cup Win

Revenue Boost for Gunners post FA Cup Win

Sep 24, 2014 09:46
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Arsenal have received a major boost as far as their revenues are concerned, after ending their barren run of silverware by winning FA Cup last season. Arsenal has reported total revenue of over 300 million pounds for 2013-14 season.

This surge in revenue has been led mainly due to increase in TV and broadcasting rights for all English clubs. Almost 160 million of the total revenue is down to TV rights with Sky and BT sport. The successful FA Cup campaign and a renewed sponsorship deal with airline Emirates shot the total revenues up by more than 20 million pounds to 302 million pounds in the year to May, 2014. Pre-tax profit fell to 4.7 million pounds, mainly due to their summer splash on Mesut Ozil and others in last summer. Also their player sales revenue fell to meagre 9.5 million pounds from almost 47 million because of negligible amount generated from players’ transfer fees. In previous season the profits were led by the sales of Robin van Persie and Alex Song.

"The club is in excellent shape, both on and off the pitch," he said. "There is always more to do and, whether investing in the team or in training facilities which provide long-term benefit to the club, our guiding principles are the same and our focus is clear, on delivering more on-field success."

"THis remains the shared ambition of our majority shareholder, Stan Kroenke, the board and everyone connected with the club. We are well placed to deliver against those ambitions."

Arsenal Chief Executive Ivan Gazidis said in a statement.

The financial statement presented by Arsenal does not include the financial details of this summer’s signings which amount to some 60 million pounds sans wages. In spite of all this the Gunners are in supreme financial position bettered only by an underperforming Manchester United.


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