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Club announces latest financial results
Arsenal Holdings plc has announced its financial results for the year ended May 31, 2016. Group profit before tax was £2.9 million (2015 - £18.2 million). Turnover from football increased to £350.6 million (2015 - £329.3 million) with strong growth in broadcasting supported by commercial activity. Additional £15.8 million from broadcasting driven by Uefa Champions League, record level of Premier League live coverage and second place prize money. Commercial growth led by an additional £5.0 million from secondary partnerships showing 40 per cent year-on-year growth. Continued significant investment in the squad is reflected...
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