Sale of star men helps Arsenal boost profits

Chief executive Ivan Gazidis maintains Arsenal’s latest set of financial results show the club “can and will forge our own path to success” after they posted another healthy pre-tax profit.

Group profit before tax was £36.6million (€46m) in the figures for the year ending May 31, 2012 which were published yesterday, up from the equivalent 2011 figures of £14.8m (€18.6m).

Arsenal’s latest results incorporate the sales of Cesc Fabregas to Barcelona and Samir Nasri to Manchester City last summer, which helped make a profit from player trading of £26m (€32.6m).