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Club announcement

Financial results for 2017/18

Emirates Stadium

The club has now filed its accounts for the financial year ended May 31, 2018.

The Arsenal Group’s profit for the 2017/18 year after taxation was £56.5 million (2017 - £35.3 million).

The result for the year can be broken down into the following key components:







Operating profit before exceptional costs and player trading



Exceptional costs



Amortisation and impairment of player registrations



Sale of player registrations / Loan of players



Property trading profits



Net interest costs









Profit before tax



Football revenue for the year was £388.2 million (2017 - £422.8 million), with the decrease being mainly attributable to the club’s participation in the Europa League, rather than the more lucrative Champions League. Operating profits were also impacted by continued investment in player wages, which meant that total staff costs, excluding exceptional costs, grew to £223.3 million (2017 - £199.4 million).

The exceptional costs incurred of £17.2 million were attributable to the changes in the first-team management, coaching and support personnel.

After a number of years of fairly low profits from player sales there was a significantly higher level of activity during the year with a rationalisation of the first-team squad, which saw a number of players sold including Walcott, Giroud, Coquelin, Sanchez and Oxlade-Chamberlain.  The total profit on sale of player registrations was £120.0 million (2017 - £6.8 million) and player loans amounted to £2.3 million (2017 - £6.9 million).

During the year the Group sold a property, next to Holloway Road station, which was one of its two remaining property development sites.

Net interest costs were impacted by a positive movement of £3.3 million (2017 - £2.0 million negative) in the market value of the Group’s stadium finance interest rate swap.

Following additions to player registrations, at a cost of £165.8 million, and amortisation charges, the book value of intangible fixed assets (player registrations) was increased to £238.2 million (2017 - £182.0 million).

The year-end cash position was robust with balances of £231.3 million (2017 - £180.1 million). This meant that overall net cash was a surplus of £14.8 million (2017 – net debt of £47.7 million). Increased levels of debtors and creditors were attributable to the club’s transfer activity, both inbound and outbound, with instalments of the transfer fees being payable and receivable over time and mainly over the next two years.

Commenting on the financial results, the club’s chairman, Sir Chips Keswick, said: “Player trading has meant that overall Arsenal has had another profitable year, but we are very aware of the financial pressure which Europa League football places on the club. A return to the Champions League is a clear priority which everyone at the club is committed to delivering.”


Emery - Why I took the squad paintballing

The Arsenal squad paintballing

Having come through one battle against Chelsea, the first-team squad faced another earlier this week as they went paintballing.

So what was the thinking behind it? Unai Emery explained the importance of bringing the squad together away from the pitch when the chance arises.

"I like a lot to do something different sometimes, in my career at all the teams," he said. "On Monday we prepared for this day. 

"I think it was a good moment to do an activity together, away from here and also paintball is good for us to be together and do something different. We enjoyed it and it's also an activity where we can feel together and change some things in our work every day.
"Yes, yes, yes [the players shot me] - three times! But I think it's good. I enjoyed it and it's good to do something different for work and it's good also for our spirit."

Club announcement

Emi Martinez joins Reading on loan

Emi Martinez has joined Championship side Reading on loan for the remainder of the season.

The 26-year-old, who has made 14 first-team appearances since joining us from Independiente in Argentina when he was just 17, spent last season on loan with Getafe in La Liga.
Emi has made one first-team appearance this season, playing the full 90 minutes in the 1-0 home win against Qarabag in the Europa League last month.
The Argentina youth international, who has also enjoyed loan spells at Oxford United, Sheffield Wednesday, Rotherham United and Wolves during his time with us, goes to Reading to gain more first-team experience.

We wish Emi well for remainder of the season with the Royals.
The deal is subject to the completion of regulatory processes.

Team news

Team news: Update on Hector Bellerin

Hector Bellerin

Here's the latest team news update from our medical team ahead of Friday’s Emirates FA Cup fourth-round clash against Manchester United:

Hector Bellerin
Further to the injury sustained during our match against Chelsea on Saturday, we can confirm that Hector has ruptured the anterior cruciate ligament of his left knee.
Hector will undergo surgery to repair this in the coming days. The rehabilitation process is expected to take between six to nine months and therefore rules Hector out of action for the remainder of this season.
Everyone at the club will now be working as hard as we can to ensure Hector is back on the pitch as soon as possible next season.
Henrikh Mkhitaryan
Right foot. Expected to return to full training this week.
Rob Holding
Left knee. Recovering after surgery.
Danny Welbeck
Right ankle. Recovering after surgery.

Emirates FA Cup

Joe Willock named Player of the Round

Joe Willock

Joe Willock has been named Emirates FA Cup Player of the Round for his match-winning performance in our third-round victory over Blackpool.

The teenage midfielder scored twice as we beat the Seasiders 3-0 any Bloomfield Road to book our place in the fourth round of the competition.

Congratulations, Joe!

Club announcement

Ticket prices held again

Emirates Stadium

We are freezing our prices on all general admission and club level tickets next season.*

It will be the fifth season in a row with no rise in general admission ticket prices, and it means there have been no increases to general admission prices in 10 out of 14 seasons here at Emirates Stadium.

We will continue to offer around 26,000 tickets from £10 for each Carabao Cup home game, and subsidise away ticket prices by £4. Membership fees also remain unchanged.

Managing director Vinai Venkatesham said: “We have fantastic support from our fans at Emirates Stadium, and are pleased to confirm that ticket prices will be held flat again for next season.” 
* All prices on GA and Club Level were discounted this season as a result of our participation in the Europa League. UEFA Champions League qualification would mean this discount would no longer apply.