Latest news:
This is the board where Arsenal fans can discuss all things Arsenal, and any other football issues that they feel are of interest to Gunners. Opposition fans are welcome, but remember this board is from an Arsenal point of view. Off Topic Discussion should take place on the Off Topic Forum. Off Topic discussion will be removed. Any topic that is football related, within reason, is not off topic.

Report This Message
Are you sure you want to report this post?

Re: Arsenal declare financial results
Posted by: SandyB1
Date: 28/02/2012 04:20
One thing must say here, Arsenal declared a hooping profit of 50 million pre-tax for the past 6 months. I mean what people justifies that like any other business Arsenal is one, so what's wrong in making profit!!
Well every business is actually in broad way tied to industry like Microsoft to IT and US Steel to steel industry. If we have to consider Arsenal tied to football industry there is a bench mark you could get in places like yahoo finance that where exactly your business stands compared to overall industry or the industry leaders. I think the industry analysts would be confused to put Arsenal exactly where? Industry leader? Outside the average high and average low profit range? This is pretty unprecedented isn't it? You can't put Arsenal as industry leader, when their core business which should be winning trophies doesn't really tally that tag compared to their 5th highest turnover and highest profit making in their industry, when the announcement of the profit came at the time where there isn't any trophies left to win.

So yes, we could easily turn the radio off the things which we don't want to hear, that doesn't mean any of those figures shouldn't raise anyone's eye brow and shouldn't be allowed to talk about!!

You may optionally give an explanation for why this post was reported, which will be sent to the moderators along with the report. This can help the moderator to understand why you reported the post.
Name:
Email:

We record all IP addresses on the Sportnetwork message boards which may be required by the authorities in case of defamatory or abusive comment. We seek to monitor the Message Boards at regular intervals. We do not associate Sportnetwork with any of the comments and do not take responsibility for any statements or opinions expressed on the Message Boards. If you have any cause for concern over any material posted here please let us know as soon as possible by e-mailing abuse@sportnetwork.net