Financial analyst says Arsenal will make money from new markets
Kieran Maguire believes Arsenal are making the right business decisions as they continue to introduce their brands to new markets.
Mikel Arteta’s side have made progress on the playing front, and the club has spent a lot of money building on each success.
That money is coming from somewhere and the club will need to get it back.
They have forged partnerships with different brands in various industries that expose them to new markets, some of which have never been discovered by a football club.
The financial expert Maguire thinks this is a smart thing, and expects it to pay off for the Gunners in the end.
He told Football Insider: “The expansion of demographics is massive from the perspective of football clubs.
“Football may rule our lives but that is not the case with everyone you meet. Having people who can introduce the club to a new audience is crucial.
“For many people, football is not a sport but a computer game, for example. EA recently released their accounts and made huge profits with their Fifa game series.”
Just my opinion of Arsenal
A healthy football club needs a lot of money to keep going and we need to take advantage of our resurgence to partner with more companies and make more money.
While Arteta and his team focus on the football side, we can trust the club’s executives to play their part off the pitch very well.
We hope this season will bring us success both on and off the field.
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