Arsenal have seen their profits before player trading leap to �10.2m in the six-month period to 30 November 2004. The figures, announced by Arsenal Holdings plc on Friday, was up on the 2003 figure of �2.9m.
The club made a �2.2m profit after taxation compared to a �4.9m loss in 2003, a figure which pleased Arsenal non-executive chairman Peter Hill-Wood.
"The results for the period are sound and show the group to be in a very satisfactory financial position."
The Gunners are preparing for a move from Highbury to Ashburton Grove, and a �90m stadium naming and shirt sponsorship deal with Emirates was concluded during the period.
MMIX
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