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Arsenal turnover hits £200 million

Arsenal Football Club said that turnover has broken the £200 million barrier after the move to the Emirates Stadium.

The move to the new stadium from Highbury means the Gunners are generating more than £3 million a game.

Arsenal say that their financial strength means the club has no need for new overseas investment. Peter Hill-Wood, Arsenal chairman, said: "The idea of us selling out to whoever is simply not on the agenda."