Arsenal news

Arsenal profits prompt transfer scrutiny

February 25, 2013
By Kevin Palmer
Arsenal Holdings PLC may have announced a £17.8 million pre-tax profit for the half-year to the end of November 2012, but their soaring wage bill and huge cash reserves will leave many irate supporters asking questions of manager Arsene Wenger and his board.

• Blog: Profits raise questions

Chairman Peter Hill-Wood claimed his chief desire was "to make Arsenal fans proud of their club" as they announced another glowing set of financial figures that confirms the club ...

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