DTM Pushes Cooperation With Super GT Ecclestone, HMRC At Odds Over Tax Bill Crystal Palace Takeover Talks Break Down Pay Increase For Australian Female Cricketers NRL Heading Toward Revolt Mexico, Germany Could Host NFL Games NRL Parramatta Ordered Into Reform Rangers Chair Expects To Invest $30M Havas Media Group Agencies Merge League Notes
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
Upcoming Conferences and Events
SBD Global/October 15, 2012/Leagues and Governing Bodies
EPL Clubs In New Wage-Restraint Talks
Published October 15, 2012
ARSENAL'S SELF-SUFFICIENCY: In London, Tongue also wrote that ever since moving from a stadium holding 38,000 to one with a 60,000 capacity and three times as many executive boxes, Arsenal FC has "been able to run the club on a self-financing basis." Arsenal's revenue is close to £3.5M ($5.6M) every matchday for up to 30 home games a season. A lower wage limit than its direct competitors and a recent lack of trophies has meant selling players, but "that has usually resulted in solid profits," including £36.6M ($58.8M) in the last accounts (INDEPENDENT, 10/14).