Arsenal will continue its self-financing policy in the battle with increased transfers, said club chairman Chips Keswick. In his words, Arsenal has lost a turnover of 23. 4 million pounds, which is related to the first non-classification of the team for the Champions League for 20 years. However, the Premier League club earned a profit before tax of ? 25 million for the six months ended November 30, and cash reserves rose to ? 137. 6 million, or 37. 1 million more by 2016. It is due to the money saved from salaries after the sale of players such as Alex Oklady-Chamberlain, Wojciech Szksny, Kieron Gibbs and Gabriel Paulista. The results, however, did not include January transfers, where Arsenal gave ? 56m for Pierre-Emerick Aubameyang.
Keswick admitted that the results of the football team are not satisfactory, but the leadership of the club via sport news and the majority owner Stan Krownke continue to pursue a policy of limited spending to have lasting stability.
`Breaking twice in one season, his transfer record shows only one - we are determined to make Arsenal fight for the Premier League again, but our strategy to achieve this goal is notWe continue to rely on self-financing and we must accept all the difficulties that will come before us, `Keswick said.
Arsenal is out of the title fight in England with 27 points behind Manchester City and is 10 points behind Tottenham fourth, with the best chance for the Champions League to win the Champions League. of the Europa League. In the semi-finals, however, Arsenal will have a heavy rival in Italian Milan.
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