Arsenal have more money than Real Madrid, Barcelona and Bayern Munich put together

Arsenal have more money than Real Madrid, Barcelona and Bayern Munich put together
 

ARSENAL have more cash in the bank than Real Madrid, Barcelona and Bayern Munich combined.
The English Premier League giants’ latest financial results have revealed a cash balance of £226.5million.
But it’s still behind Manchester United , whose latest results showed a balance of £229m.
When releasing the figures, Arsenal were at pains to point out that a lot of that money was ring-fenced for debt servicing, or was inflated due to the time of year, reports Mirror Online .
Arsenal director Sir Chips Keswick said: “Our cash reserves at the end of the year stood at £226.5m and this figure will... read more

 
3 October 2016 in Sport, Views: 34
Source: Daily Record
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