CSR Study : Crunch could reduce corporate social responsibility

In a poll by Echo Research , 36 per cent of senior professionals said they believed the number of corporate social responsibility programmes would fall ...

Novartis Study

Omnibus Survey, Echo Research, April-May 2008. [2] Ezzati et al. Selected major risk factors and global regional burden of disease. The Lancet. ...

Jolly Good Fellows with a Purpose

by David Michaelson, Echo Research.
 
2008 | 2007 | 2006 | 2005 | 2004


September 28, 2007
Arsenal Football Club: Record turnover figures

While doors were slamming in Chelsea, Arsenal Football Club put up Not For Sale signs by posting turnover figures that equal those of Real Madrid and put them leagues ahead of UK rivals Manchester United and Liverpool. Seemingly under threat by yet another Russian billionaire, Alisher Usmanov, Arsenal's chairman Peter Hill-Woods dismissed Chelsea's plan to be the dominant British club as "fantasy" (bbc.co.uk, 25 Sept). In another dig at their SW6 rivals, Hill-Woods insisted that a fanbase "takes 100 years to build and about 100 minutes to destroy" (Sporting Life, 24 Sept).

The move from Highbury to the Emirates stadium enabled Arsenal to generate over £3million revenue each game last season and gave manager Arsene Wenger a war-chest of over £70million to spend in the transfer market. Despite a wage-bill second only to Chelsea's in the UK football league, the club posted a record operating profit and confirmed the Board's position that it did not need, and was not encouraging, any foreign investors. Prudent housekeeping had led to "glittering profits" and the club has an "eye watering" amount of cash in the bank (Times, 25 Sept) should Wenger want to add to either his playing or management team.

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