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Arsenal cash in the bank for summer.
Posted by: Boston Gooner
Date: 13/02/2020 13:49
Manchester United and Arsenal are ostensibly swimming in available cash according to a new report by football finance experts Soccerex.

The company’s annual Football Finance 100 ranks the financial power of the world’s biggest clubs and includes many categories such as ‘cash in the bank.

United’s commercial success clearly comes into play on the rankings with the Red Devils reportedly having £273.5m in the bank.

They are closely followed by Arsenal who, despite claiming to not have much money to spend in January, are sitting healthily in the black with £261.5m.

Bayern Munich are then the only other club in world football with more £200m in dry powder as the Bavarians plan to continue their overhaul in the summer.

Real Madrid, another global brand, have just under £200m in reserves with Paris Saint-Germain £52m behind.

Athletic Bilbao surprisingly make it into the top 10 with £132m as well as Napoli who are close behind despite sitting 11th in Serie A.

Tottenham are the only other Premier League club with cash in the bank which exceeds £100m.

Lille and Seville then finish off the list with both foreign sides having more than £60m to spend.

The report states: “The management of tangible assets and cash in bank are fundamental for the most efficient and productive management of the entire business. The actual transformation of assets into revenue depends on many factors (some unpredictable).

“Many clubs have turned into economic powerhouses precisely because they have been able to increase the return of investment to their shareholders, thanks to asset growth.”

P iss the fans off even more.

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