Arsenal: £350.6m (€456.25m) in turnover in 2015-16 (+6.47%), £2.876m (€3.73m) profit before tax

Arsenal FC (Premier League) generated a record turnover of £350.6m (€456.25m) during the 2015-16 fiscal year (01/06/2015 - 31/05/2016), an increase by 6.47% compared to 2014-15 (£329.3m / €457.7m), Arsenal FC announced on 30/09/2016.

Arsenal FC comprises 99.17% of the turnover of Arsenal Holdings plc, which posted a turnover of £353.54m (€460.08m on 31/05/2016) in 2015-16. This is an increase of 2.62% year-on-year (£344.5m / €478.9m on 31/05/2015).

The club's commercial revenues grew from £103.3m (€143.6m) to £106.9m (€139.1m), or a 3.48% increase year-on-year. Arsenal recorded an increase of £15.8m (€20.56m) in audiovisual rights in 2015-16, "through greater exposure in the Champions League", to reach £140.58m (€182.9m), said the club.

The north London club reported an operating profit of £13.189m / €17.16m (+70% year-on-year), a figure which reaches £16.24m (€21.1m) when including transfer activities (-56.7%), and a profit before tax of £2,867m / €3.73m (nearly 9 times lower than in 2014-15). The net profit of the group stood at £1,649m (€2.15m), nearly 11 times less than one…