MUMBAI: Soccer club Arsenal has announced that profits for the year have risen by 24 per cent to ?45.5 million compared to ?36.7 million, a year ago.

This was helped by the sale of more apartments from its redeveloped old ground in Highbury and four extra home fixtures - three FA Cup ties and the Uefa Champions League semi-final.

Group turnover, including from the club’s property arm, rose from ?223 million to ?313.3 million.

Revenues from the football part of the business rose from ?207.7 million to ?225.1 million.

Group debt has come down from ?318.1 million to ?297.7 million.