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Friday, 18 October 2013

Arsenal top Uefa benchmarking report with over €500m in fixed assets

Arsenal top Uefa benchmarking report with over €500m in fixed assets


In line with FFP regulations Uefa has carried out an audit of all 237 clubs competing in this season's Champions League and Europa League with the Gunners topping one category

Arsenal are top of a Uefa benchmarking report in terms of tangible fixed assets with the governing body valuing the club's long-term assets at over €500 million.

Uefa carried out an audit of all 237 clubs competing in this season's Champions League and Europa League for its report in line with Financial Fair Play regulations.

The 237 clubs in total were estimated to hold €4.9bn worth of long-term assets but over half of the clubs competing in Europe this season still play in municipally-owned stadiums.

The benefits of stadium ownership are plainly spelt out in the report with those clubs who own their stadiums better prepared for the implications of FFP.

"Of the 23 participating clubs from 11 different countries with fixed assets of €50m+, nearly all own their stadium (20)," Uefa's report stated.

Only 21 per cent of the clubs assessed own their stadium with Arsenal's spectacular Emirates Stadium seeing them lead the way in this category.

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