MX23RW : Friday, November 29 06:55:08| >> :120:23601:23601:

Arsenal accounts reveal £200m reserves

Arsenal reveal that they have nearly £200m of cash reserves after their accounts were released.

Arsenal have revealed that they have almost £200m in the bank.

The club's accounts were released on Friday, showing a £25m profit in the year ending May 31, 2015.

£114m was spent on new players, but Arsenal have since been criticised by fans after Petr Cech was their only signing this summer.

"We're focused on delivering more success," Arsenal chief executive Ivan Gazidis told BBC Sport.

"We continue to look to develop every aspect of our operations while remaining true to our principles around being self-funding, investing in youth, our style of play and our commitment to our fans and to our place in the community."

The financial reserves, which total £193m, are intended to cover costs and are not earmarked for future transfer deals.

ID:247006: cacheID:247006:1false2false3false:QQ:: from db desktop :LenBod:restore:1640:
Restore Data
Share this article now:
South African Chief Executive Ivan Gazidis looks on before the English Premier League football match between Queens Park Rangers and Arsenal at Loftus Road in London on May 4, 2013
Read Next:
Arsenal CEO: 'Pride more important than Champions League'
>
rhs 2.0
Today's games header
1.20am
Dolphins
@
Packers
Tables header RHS
TeamPWDLFAGDPTS
1Liverpool1210112481631
2Manchester CityMan City127232217523
3Chelsea126422314922
4Arsenal126422112922
5Brighton & Hove AlbionBrighton126422116522
6Tottenham HotspurSpurs1261527131419
7Nottingham ForestNott'm Forest125431513219
8Aston Villa125431919019
9Fulham125341717018
10Newcastle UnitedNewcastle125341313018
11Brentford125252222017
12Manchester UnitedMan Utd124441313016
13Bournemouth124351617-115
14West Ham UnitedWest Ham124351519-415
15Everton122551017-711
16Leicester CityLeicester122461523-810
17Wolverhampton WanderersWolves122372028-89
18Ipswich TownIpswich121651323-109
19Crystal Palace121561017-78
20Southampton121110924-154


Sports Mole provides in-depth previews and predictions for every match from the biggest leagues and competitions in world football.
Argentina's Lionel Messi kisses the World Cup trophy after collecting the Golden Ball award on December 18, 2022Sign up for our FREE daily preview newsletter direct to your inbox!