Arsenal supporters’ have called on the club to ensure the newly-announced £24.7 million pre-tax profit is used to lessen the burden of ticket prices.
With Arsenal fans paying the highest ticket prices in the Premier League the Arsenal Supporters’ Trust has urged the club to ensure that the match-going public aren’t left out of Arsenal’s success.
Tim Payton, spokesperson for the trust, told Standard Sport: “With these huge cash reserves and increasing wages there’s no need for Arsenal to keep squeezing the match-going fan.
“It’s time to freeze, and even reduce, ticket-prices for the long term.”
Buoyant Arsenal finances strengthen the feeling that Wenger blew it
The Gunners’ profits came in spite of a record £114 million investment on players including Alexis Sanchez and Danny Welbeck. The club now has £228.2 million in the bank, £35 million of which is set aside as a debt service reserve.
Chief executive Ivan Gazidis has already suggested that the profits from the year ending 31 May 2015 will enable Arsene Wenger to spend further on a squad whose wage bill has grown 15.5 per cent in one year to reach £192.2 million.
“Our improved financial position allows us to support the manager as and when he identifies players capable of adding genuine quality to our squad,” said Gazidis. “With this in mind, we were delighted to sign defender Gabriel in January and Petr Cech from Chelsea during the summer.”
The supporters’ trust’s survey last month revealed that nearly half of Arsenal fans were dissatisfied with ticket prices.
Prices for non-members for 2015/16 reach up to £97 for Category A games. A season ticket sets adult fans back at least £1,000, the most expensive coming to £2,039.
Arsenal supporters call on club to cut ticket pricesArsenalIvan GazidisTim PaytonArsenal fans call on club to reduce ticket prices
Arsenal fans call on club to reduce ticket prices in the wake of glowing financial resultsArsenal financial results: Gunners announce £25m profit despite record outlay on signings and soaring wage bill Arsene Wenger must face up to the consequences of breaking his own rules as Arsenal slip up in ZagrebBuoyant Arsenal financial results only strengthen the feeling that Wenger blew it this summerImagePublishedMedium widthFriday, September 18, 2015 - 16:44Burning through their wallets: Arsenal fans pay, on average, more than their London rivalsOnSource: http://ift.tt/1Lo6gKW
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