Posted Monday 13th July 2015
What is Arsenal's financial position in this transfer window? AST estimate of Arsenal Holdings PLC Full Year Accounts The following estimate was produced by AST Board member Simon Hill and discussed at the most recent AST meeting. It is a simplified overview of Arsenal's accounts in a table format. The figures are drawn directly from the club's accounts containing the full year to 31 May 2015 (announced late September 2015) and 31 May 2016 figures being AST estimates. £millions Yr to May 14 Yr to May 15 Annual increase Yr to May 16 Actual Estimate Est. to May 15 Estimate Revenues: Matchday 100 98 -2% 100 Broadcast 121 121 0% 130 Commercial 59 78 32% 80 Retail 18 22 22% 22 Player loans 1 1 1 Football revenue 299 320 7% 333 Property 3 0 0 Total revenue 302 320 333 Costs: Football costs wages 166 180 8% 190 Football costs other 70 70 0% 70 Amortisation of squad 40 56 60 Depreciation 12 12 12 Property & player loans 3 0 0 Total costs 291 318 332 Operating profit 11 2 1 Player sales 7 27 10 Interest -13 -13 -13 Profit/(Loss) before tax 5 16 -2 Profit/(Loss) before player sales and property -2 -11 -12 Estimated revenues and profits up £6m since the last estimate thanks to another FA Cup win and a third place Premier League finish Next season (2015/16) sees a new UEFA CL revenue cycle which is likely to add over £10mpa to revenue and profit in FYE May 2016 (current EPL/UCL broadcast split 3:1 to become 4:1) Some level of player sales is inevitable in summer 2015 given squad profile but unlikely to match the £27m profit generated last year. Any sales made will probably cover likely growth in wage bill next season. Best guess for 2015/16 is breakeven with circa £190m wage bill. Third place finish allows Arsene to plan wages and acquisitions with certainty now rather than having to wait until late August. The £50m plus the new English Premier League tv deal will add in 2016/17 further helps planning by underwriting any wage increases and allowing a greater degree of confidence in future revenue streams. We believe spare cash net of allowances for instalments due next season on existing player purchases and working capital needs will be at least £70m at 31 May 2015.… Read More
Posted Friday 27th March 2015
AST Analysis of Arsenal Holdings PLC Half Year Accounts
For the period 1 June 2014 to 30 November 2014
This analysis has been produced by AST Board member Simon Hill.
Firstly, we set out a simplified overview of the Arsenal's accounts in a table format. The figures are drawn directly from… Read More
Posted Friday 20th February 2015
Today, three leading Arsenal fans' organisations and the club's main fanzine wrote to Arsenal CEO Ivan Gazidis, asking for a meeting to discuss how we can get a better deal for match-going fans.
Arsenal Supporters' Trust (AST) together with REDaction, Black Scarf Movement (BSM) and The… Read More
Posted Tuesday 20th January 2015
The Department for Culture, Media and Sport recently established an Expert Working Group on Football Supporter Ownership and Engagement. It subsequently issued a call for evidence on the barriers to increasing supporter ownership and engagement in clubs.
More detail about the terms of reference… Read More
Posted Thursday 20th November 2014
The AST recently wrote to Arsenal Chairman Sir Chips Keswick setting out our position on ticket price discussions for season 2015/16 and urging for improvements to be made to the Ticket Exhcange system so that more fans can have an opportunity to watch Arsenal. The letter is set out in full… Read More