Arsenal’s latest financial results

Arsenal released their latest financial figures yesterday afternoon. They can be read here for all of those interested:

http://www.arsenal.com/news/news-archive/club-announces-latest-financial-results

Arsenal made nearly £50m last year and their profits are now £17.8m despite selling Robin Van Persie last summer.

Arsenal’s cash reserves rose from £115m to £123m.

Profit from trading players was down to £23.2m from £46.1m a year ago. Players such as Cesc Fabregas, Samir Nasri and Gael Clichy were all sold in the summer of 2011, so it’s not a huge surprise considering the major sale of the summer was Robin Van Persie and Lukas Podolski, Olivier Giroud and Santi Cazorla were all brought in for over £10m.

Anyone who wants to digest everything can follow the link above and you will get a good insight into the club’s financial state.