Arsenal stadium ahead of schedule as profits double


LONDON: Premier League champions Arsenal said yesterday construction of their new stadium was well ahead of schedule as they reported that annual pre-tax profits had more than doubled to £10.6mil (US$19.05mil). 

Arsenal’s turnover increased by 33% to £156.9mil following the team’s success on the field, which also included a Champions League quarter-final and FA Cup semi-final, combined with property sales and a rise in television income. 

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