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ARSENAL CLUB’S PROLIX.

LEAGUE GATES £52,000. Tho Arsenti? F.C. statement of accounts for the past season shows an actual prolit of £771 after making provision for anticipated heavy items of expenditure. These include the transfer to reserve of £II.OOO for income-lax payments, £IO,OOO written off on account of ground expenditure, and an unspecified sum allotted for transfer fees that may become payable in tlie coining season. it may bo ■■assumed, therefore, that the pro I:t for last season approached £27,000. The net gale recoipls (excluding on - Icrlaimuenlrt lax) from League games reached £52,707, and if is a noteworthy fact that the amount from this •source has not, been lower Ilian £50,000 for the last four seasons. Including F.A. Cup receipts the total revenue was £77,947. .Major-General .1. I). McLaehlan has been elected a director in place of Mr u. F. Allison, now score lary-muuugw.

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https://paperspast.natlib.govt.nz/newspapers/WT19350907.2.102.33

Bibliographic details

Waikato Times, Volume 118, Issue 19675, 7 September 1935, Page 20 (Supplement)

Word Count
144

ARSENAL CLUB’S PROLIX. Waikato Times, Volume 118, Issue 19675, 7 September 1935, Page 20 (Supplement)

ARSENAL CLUB’S PROLIX. Waikato Times, Volume 118, Issue 19675, 7 September 1935, Page 20 (Supplement)