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.
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