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Arsenal reveal latest financial results
Arsenal have confirmed the financial results for the the six months up to November 30, 2014. Reflecting on the results, chairman Sir Chips Keswick highlighted that record outgoings on player acquisition and wages had been balanced well by increased commercial revenue. “Our commitment to investment in the squad was evidenced by a record level of expenditure on players joining the club. 'Crucially, this investment remains at a level which is consistent with our principle of affordability and which is financially sustainable in accordance with the applicable regulatory regimes.' In light of this week's humbling at the hands of Monaco, Keswick also touched on the form of Arsene Wenger's...
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-11y from News.ArseBlog.com
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