Arsenal Football Club has today confirmed that it has once again made a profit the season of 2012 / 2013, in some news that will surely be received with mixed responses. Firstly without getting into all the financial details, basically at the end of day, the main figure we need to focus on as fans is the ‘Group profit before tax’ which was £6.7 million. This isn’t the most spectacular figure in the club’s history, with the amount actually being £36.6 million in the 2011 / 2012 accounting.
When Peter Hill Wood stepped down in the summer it was certainly a shame as it brought an end to a long serving history in the chairmanship of Arsenal Football Club. The Hill-Wood’s had been a key part of Arsenal’s boardroom for several generations and to finally bring it to a close seemed strange. But it was also a much wanted change with many believing that a change in the boardroom might mean a change in attitude.
Tony Adams. What can you say? A true Arsenal legend, captain, leader and role model on the pitch, but off it, well he’s not the greatest. Failed managerial attempts have seen his profile drop and in my opinion he certainly hasn’t helped himself with his latest comments.
Upon the announcement that Peter Hill-Wood would be stepping down and his replacement would be Sir Chips Keswick, Adams came out in response today, stating that he too applied for the chairmanship.