Companies
TV deals and Henry sale boost Arsenal's profits
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Posted 22 February 2008 @ 08:13 am GMT
English Premier League leaders Arsenal Football Club posted a 54 percent rise in first half profits on Friday, boosted by new big money TV deals and the sale of former captain Thierry Henry over the summer.
REUTERS/David Moir
Mega deals boost Asian stocksThe club said pretax profit rose to 20 million pounds in the 6 months to November 30 from 12.6 million a year ago.
Total turnover dropped to 97 million pounds from 100.8 million a year ago due to a near 70 percent drop in revenues from property deals.
(Reporting by Marc Jones; Editing by Louise Ireland)
Copyright 2006 Reuters. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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