Belfast Telegraph

World Cup 2018

Fixtures & Results

Colombia COL 1

Japan JPN 2

REPORT

Poland POL 1

Senegal SEN 2

REPORT

Russia RUS 3

Egypt EGY 1

REPORT

Portugal POR 1

Morocco MAR 0

REPORT

Uruguay URY 1

Saudi Arabia SAU 0

REPORT

Iran IRN 0

Spain ESP 1

REPORT

Denmark DNK

Australia AUS

France FRA

Peru PER

Argentina ARG

Croatia CRO

Brazil BRA

Costa Rica CRI

Nigeria NGA

Iceland ISL

Serbia SRB

Switzerland SUI

Belgium BEL

Tunisia TUN

South Korea KOR

Mexico MEX

Germany GER

Sweden SWE

England ENG

Panama PAN

Japan JPN

Senegal SEN

Poland POL

Colombia COL

Saudi Arabia SAU

Egypt EGY

Uruguay URY

Russia RUS

Spain ESP

Morocco MAR

Iran IRN

Portugal POR

Denmark DNK

France FRA

Australia AUS

Peru PER

Iceland ISL

Croatia CRO

Nigeria NGA

Argentina ARG

Mexico MEX

Sweden SWE

South Korea KOR

Germany GER

Switzerland SUI

Costa Rica CRI

Serbia SRB

Brazil BRA

Senegal SEN

Colombia COL

Japan JPN

Poland POL

Panama PAN

Tunisia TUN

England ENG

Belgium BEL

Arsenal's football revenues exceed £400million for first time

Arsenal's annual football revenues exceeded £400million for the first time but the club's cash reserves have reduced after a record spend on players.

Increased income from TV rights and commercial activity saw the Gunners' turnover from football increase from £350.6million the previous year to £422.8million for the 12 months ending May 31, 2017.

But wages rose to nearly £200million while Arsenal had a net spend of £102.5million on players, led by the signings of Granit Xhaka, Shkodran Mustafi and Lucas Perez - nearly double the previous 12 months.

Group profit before tax was £44.6million but cash reserves have reduced from £191.1million to £144.3million.

Meanwhile, it is predicted that missing out on the Champions League this season will cost the club around £20million.

Chief executive Ivan Gazidis said: "Our ambition is clear - to win major trophies. In order to compete at the top, we need to strive to be better than our competitors in everything we do.

"That is why during the past season we have continued to make substantial investments to drive the club forward.

"At the top of the pyramid, we have scaled up our investment in our first-team squad significantly in recent years, spending a net £203million in transfer fees in the last three seasons.

"We have transformed our training ground and completed a total rebuild of our academy. We are focused on ensuring that the structures, in terms of people, expertise and facilities, in place around the manager and the players are the best that they can be.

"By getting that environment right, down to fine tuning the detail, we optimise our chances of achieving the results we want on the pitch."

Daily News Headlines Newsletter

Today's news headlines, directly to your inbox.

Popular

From Belfast Telegraph