Arsenal have announced record pre-tax profits of £56million and that they have paid off all the debt on their Highbury Square development.
The figures for the year ending May 31, 2010 show pre-tax group profits rose by £10.5million compared to the previous year.
Arsenal chief executive Ivan Gazidis said: "The group has made good progress in the last year and I am excited by the opportunities we have in front of us."
Source: PA
