English Premier League club Arsenal have announced a loss of £3.4
million in its financial results for the six months ended November 30,
2015.
The club did, however, see an increase in turnover to £158.0 million, up from £148.5 million in 2014.
Commenting on the results for the six
months, the club’s chairman, Sir Chips Keswick, said: “This has been an
unpredictable Premier League season thus far. What is important is that
we are in contention and I am sure we have the resources and ability
within the squad to sustain a strong challenge.
“The end of season run-in is going to be an exciting one and I am confident we will be very much at the centre of the action.
“We continue to see robust growth around our commercial revenues and build our support globally through our marketing and media channels. The result for the period has been impacted by a reduction in transfer profits but this reflects the overall stability we have within the squad which, in my view, is a positive factor for the club.”
“The end of season run-in is going to be an exciting one and I am confident we will be very much at the centre of the action.
“We continue to see robust growth around our commercial revenues and build our support globally through our marketing and media channels. The result for the period has been impacted by a reduction in transfer profits but this reflects the overall stability we have within the squad which, in my view, is a positive factor for the club.”
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