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Arsenal become richest club in Britain

Top of the table Arsenal have revealed turnover of more than £200million, making them Britain’s richest football club.

The Gunners publicised the results in their financial report for the year ending 31st May 2007, which showed their group operating profits were up 274% to £51.2million.

The results prove that the club’s move to Emirates stadium was financially deft – they averaged match-day revenues of £3.1million per game during their first season at the new ground.

Their turnover well exceeds that of Chelsea and Manchester United, whose results for the same time was £152.8million and £167.8million respectively. Continue reading Arsenal become richest club in Britain