Arsenal announce financial figures

Arsenal are confident their Highbury Square development can ride out the current economic climate after the half-yearly results were revealed.The group's property business recorded a pre-tax profit of £4.9million with the profit before tax for the six months ending November 30, 2008 at £24.5million, up from £20million, with increased contributions from both the football and property aspects of the Gunners' parent holding company.

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