Financial Performance
The club made an operating profit (excluding player transfers) of £72m in the year ending 31 May 2010, from a turnover of £379.9m. In April 2009, business magazine Forbes ranked Arsenal as third most valuable football team in the world, after Manchester United and Real Madrid, valuing the club at $1.2bn (£605m), excluding debt. Accountants Deloitte rate Arsenal fifth in the 2011 Deloitte Football Money League, a ranking of the world's football clubs in terms of revenue, with the club earning £274.1m in the 2009–10 season.
Read more about this topic: Ownership Of Arsenal F.C.
Famous quotes containing the words financial and/or performance:
“Because of these convictions, I made a personal decision in the 1964 Presidential campaign to make education a fundamental issue and to put it high on the nation’s agenda. I proposed to act on my belief that regardless of a family’s financial condition, education should be available to every child in the United States—as much education as he could absorb.”
—Lyndon Baines Johnson (1908–1973)
“So long as the source of our identity is external—vested in how others judge our performance at work, or how others judge our children’s performance, or how much money we make—we will find ourselves hopelessly flawed, forever short of the ideal.”
—Melinda M. Marshall (20th century)