Thứ Hai, 25 tháng 2, 2013

Financial health Gunners' priority

Arsene Wenger

Profits ... Arsene Wenger is under pressure to secure trophies. Source: Glyn Kirk / AFP

Arsene Wenger will face renewed calls to splash out on new signings after Arsenal announced a pre-tax profit of £17.8 million ($A26.23 million) in their half-yearly financial results on Monday.

Wenger has been criticised repeatedly in recent years for failing to spend big money on new players while Arsenal's results on the field continue to suffer.

The Barclays Premier League club's latest healthy financial report, to the end of November 2012, will only add to the pressure on the Gunners' boss to loosen the purse strings after eight years without a trophy and embarrassing exits from the FA and League Cups against lower league opposition this season.

The profit, down on £49.5 million ($A72.95 million) for 2011 and achieved by the £24 million ($A35.37 million) sale of Robin van Persie to Manchester United, accompanies an increased figure of £123.3 million ($A181.71 million) in cash reserves.

The Arsenal Supporters' Trust (AST) claimed the figures highlight the need for the club to spend more money on the team.

"Arsenal fans have contributed to this financial health through paying some of the highest ticket prices in world football. AST members want to see this money used for more, and better, investment in the team,'' an AST spokesman said.

However, rather than promise to break the bank of star players, Arsenal chairman Peter Hill-Wood insisted financial stability was the foundation of their regular presence in the Premier League's top four and the Champions League.

"Our desire is to make everyone connected with Arsenal proud of the club. We know that comes through winning trophies but also through the way we do things and that will remain our constant guide,'' Hill-Wood said.


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