Previous
CSKA Moscow
Manchester City
ESPN3 4:00 PM GMT
Game Details
AS Roma
Bayern Munich
ESPN3 6:45 PM GMT
Game Details
Apoel Nicosia
Paris Saint-Germain
ESPN3 6:45 PM GMT
Game Details
Barcelona
Ajax Amsterdam
6:45 PM GMT
Game Details
Chelsea
NK Maribor
6:45 PM GMT
Game Details
Schalke 04
Sporting Lisbon
ESPN3 6:45 PM GMT
Game Details
BATE Borisov
Shakhtar Donetsk
ESPN3 6:45 PM GMT
Game Details
FC Porto
Athletic Bilbao
ESPN3 6:45 PM GMT
Game Details
Next

50-50: Liverpool vs. Real Madrid

Champions League 18 hours ago
Read
By ESPN Staff
Feb 27, 2012

Gunners post big profits

Arsenal's decision to sell Cesc Fabregas and Samir Nasri helped them report a huge pre-tax profit of £49.5 million for the six months to the end of November.

• Fans must back Wenger
• Wenger hits back on spending

Arsenal, who lost £6.1 million over the same period in 2010, might have made only a small profit but for the controversial departures of Fabregas and Nasri last summer for a reported £54 million.

Arsenal enjoyed an overall profit on player trading of £46.1 million, having made a loss of £5.9 million the previous year.

They made £63 million overall in player sales, while there was an investment of £74.7 million in new arrivals and contract extensions, the cost of both being spread evenly over the length of an individual's deal.

Arsenal's cash reserves also swelled to £115.2 million, up from £110.4 million, with their turnover from football rising to £113.5 million from £97.6 million.

Chairman Peter Hill-Wood told the club's official website: "We are proud of Arsenal's record and consistency over many seasons and have the foundations in place, at every level of the club, to ensure we remain a force in the seasons ahead.''

Comments

Use a Facebook account to add a comment, subject to Facebook's Terms of Service and Privacy Policy. Your Facebook name, photo & other personal information you make public on Facebook will appear with your comment, and may be used on ESPN's media platforms. Learn more.