Would the Arsenal fans be in for a surprise when Arsenal FC declare their results for last season (2006-07) sometime this month. The mood is very positive and everyone is expecting a record-breaking result this time around.
The Forbes Soccer team valuations in 2006 (end of 2005-06 season) listed Arsenal as the 3rd richest club in the world behind Manchester United and Real Madrid. At a value estimated at $ 915 Mn, it was $121 million behind Real Madrid ($1036 Mn) and $538 Mn behind Man U($1453).
With the new stadium starting operations from the last season, the money from the gates and the in-stadia advertising must be added in to the revenue. With a seating capacity of 60,432 the Emirates stadium is one of the biggest in England. Most of the home matches last year were seeing on an average 60,000 spectators and if we multiple that by £30 (it is really on the lower side, trust me), we get $ 3.6 Mn per match. Now lets assume that we had atleast 25 home matches (19 Premier League and I am just putting 6 other home matches), it adds up to a good $ 90 Mn. That is just from the tickets sale. Point taken that in Highbury they had maybe half the revenue of the current tickets sale.
Now all the money from the in-stadia advertising and kits (I dont think this was factored in 2005-06 season) etc should add up to more than the deficit we have between Real Madrid even if we take into account a decent growth for Real Madrid.
So watch this space for more.