‘Record Revenues & Record Profits’ – AST Breakdown Arsenal’s Finances Ahead Of Huge Summer

By The Editor
on 13th May 2017

AST provide analysis on Arsenal’s finances…

The Arsenal Supporters’ Trust had a meeting this week to crunch the numbers of Arsenal’s financial projections and give their assessment on what to expect this summer.

It’s quite rare for the AST to document such a meeting and have the information readily available to the fans, most of whom are quite unaware in terms of the financial aspects of the club.

Given that Arsenal Football Club are a plc, their financial documents are available to the public for each financial period, yet these intricate details highlighted by the AST are still necessary.

The three AST board members concluded a number of interesting points from their meeting:

Financial health

Arsenal are in a ‘rude health financially’ with record revenues and record profits with our turnover up by almost £70million to £420million for the current season.

This is mainly due to the huge TV deals which have kicked in this season, a revenue stream which will undoubtedly see Arsenal move up in next year’s Deloitte Money League.

Transfers

The AST predict that Arsenal will have a budget of £90million before any sales to spend on players, which seems quite modest given the circumstances.

It’s a figure we’ve spent in two of the last three seasons, and it contradicts the ‘war chest’ headlines heavily reported by the mainstream press during our baron period.

If our revenue has increased considerably, then so should our transfer spend, surely?

Wages

With a number of contracts up for renewal given that we’ve allowed players to enter the final 12 months of their deals, our budget in terms of wages is important to know.

The AST feel like we can comfortably give Alexis Sanchez and Mesut Ozil £300k per week each, although a few players may have to be let go.

Alex Oxlade-Chamberlain and Jack Wilshere are also expecting contract talks this summer and will be pushing for an increase in their weekly wage.

Check out the full analysis in the video above