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The £16.1m sale of Thierry Henry has helped Arsenal to announce a 55 per cent rise in profits for the last six month period. Arsenal's results were also boosted by its broadcast income, a vital revenue stream which rose to £24.3m (£6.5m) on the back of the improved Premiership deal. Match day income rose modestly to £41.4m (£38m) as the club kept prices at the Emirates static. However, managing director Keith Edelman said the club to raise ticket prices next season to further capitalise on the 'Emirates effect'. The move from Highbury is expected to generate in excess of £300m from property sales. However, the club's chances in the Champions League now look less good after the draw with AC Milan and getting to the final would be worth about £15m. Revenue in the second half will, however, be boosted by Bruce Springsteen concerts. Pre-tax profit in the six months to the end of November rose to £20m against a loss of £8.54m previously. Yet a downturn in property income meant revenue fell from £100.8m to £96.9m. Shares remain unchanged at £8,800 following the announcement of the results.
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