Arsenal Has More Money Than You Do

By Noah Davis 

The Lost Remote newsletter brings you the the best in streaming news, from staffing changes to premiere dates to trailers—to the latest platform moves. Sign up today.

Arsenal posted record profits to the tune of $88 million (£56m) before tax (or $96 million, depending on your source). Why does this matter?

Well, other than the fact that it’s a ton of money, it shows that English Premier League clubs can be profitable. During the last few months, American owners of Liverpool and Manchester United – two of the biggest teams in the world – have been lambasted (for good reason) because the debt they took on to purchase the teams is overwhelming their books. (More detail here and a great story about Liverpool fans stalking the owner here.)

Arsenal, on the other hand, is putting a fine product on the field – the Gunners currently sit tied for second in the EPL – and are filling the coffers. You know, like the Pittsburgh Pirates, except good.

Advertisement
Advertisement