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Arsenal Win the Premier League (Business Edition)

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http://www.independent.co.uk/sport/...pretax-profits-as-revenue-grows-10076183.html

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Arsenal remain a beacon of financial sobriety in the Premier League with an overall profit before tax of 11.1 million pounds in 2014 despite a record transfer outlay of more than 90 million pounds.

The club embarked on an unprecedented spending spree on players in the previous 12 months including the high-profile arrival of Chile forward Alexis Sanchez among a number of additions to the squad in the close season.

Yet their financial results for the six months ending Nov. 30 last year, published on Friday, show turnover from football rose to 148.5 million from 135.9 million in 2013, while cash reserves jumped to 138.8 million, up 18.2 million.

"Our commitment to investment in the squad was evidenced by a record level of expenditure on players joining the club," chairman Chips Keswick said in a statement.



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WE WON THE LEAGUE
IN FINANCE TERMS
WE WON THE LEAGUE IN FINANCE TERMS
 

Stevencc

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Congratulations (in finance terms).
 

smat

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When's the open top bus parade? Might pop down for this one.

NET SPEND
YOU'VE GOT A SHIT NET SPEND
 

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