Arsenal submit file revenues of £616m however nonetheless present losses of £17m

Arsenal submit file revenues of £616m however nonetheless present losses of £17m

February 21 – Arsenal have posted file revenues of £616.6 million for the 12 months to 31 Could 2024 with decreased losses of £17.7 million from £52.1 million within the 12 months to Could 2023.

The income soar is an £150 million uplift on the £466.7 million posted the earlier 12 months.

The numbers present robust will increase throughout all income traces however the true driver was the membership’s return to the Champions League.

“The return of Champions League soccer meant there have been 25 residence fixtures and matchday income elevated to £131.7 million in comparison with £102.6 million within the prior 12 months. Throughout all males’s residence fixtures, the typical attendance was 60,095 (2023: 60,082),” mentioned a membership assertion.

“Broadcasting revenues rose to £262.3 million (2023: £191.2 million), the explanation for this being principally the upper ranges of UEFA distribution from Champions League as in comparison with the UEFA Europa League within the earlier season.”

A brand new industrial technique noticed revenues from to £218.3 million from £169.3 million, boosted by the extension of the shirt sponsorship with Emirates who additionally personal the naming rights to the stadium. The membership additionally offered the naming rights to the Sobha Realty Coaching Centre.

With Champions League soccer and a efficiency that ultimately noticed them end second within the Premier League, got here a close to £100 million improve in wage prices to £327.8 million to £234.8 million.

“The rise was primarily pushed by funding in participant wages in each males’s and girls’s groups. There was additionally an impression from elevated industrial and operational headcount,” mentioned the membership.

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