Ownership Of Arsenal F.C
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Ownership Of Arsenal F.C
The ownership of Arsenal F.C. and Arsenal W.F.C. is considerably different from that of other clubs in English football for men and women. It is owned by a parent company, Arsenal Holdings plc, which has relatively few shares which are infrequently traded. Historically, the club has been owned by descendants of the Bracewell-Smith and Hill-Wood families. The club attracted outside interest as two rival tycoons, Stan Kroenke and Alisher Usmanov, acquired significant share holdings in 2007. In August 2018, Kroenke's offer of £550 million for Usmanov's share was accepted, and Kroenke bought out the remainder of the shares to become the club's sole shareholder. Overview Arsenal Holdings plc, operates as a non-quoted public limited company, whose ownership is considerably different from that of other football clubs. Only 62,217 shares in Arsenal have been issued, and they are not traded on a public exchange such as the FTSE or AIM; instead, they are traded relatively infrequently ...
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Arsenal Football Club, Emirates Stadium 13
An arsenal is a place where arms and ammunition are made, maintained and repaired, stored, or issued, in any combination, whether privately or publicly owned. Arsenal and armoury (British English) or armory (American English) are mostly regarded as synonyms, although subtle differences in usage exist. A sub-armory is a place of temporary storage or carrying of weapons and ammunition, such as any temporary post or patrol vehicle that is only operational in certain times of the day. Etymology The term in English entered the language in the 16th century as a loanword from french: arsenal, itself deriving from the it, arsenale, which in turn is thought to be a corruption of ar, دار الصناعة, , meaning "manufacturing shop". Types A lower-class arsenal, which can furnish the materiel and equipment of a small army, may contain a laboratory, gun and carriage factories, small-arms ammunition, small-arms, harness, saddlery tent and powder factories; in addition, it mu ...
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Revenue
In accounting, revenue is the total amount of income generated by the sale of goods and services related to the primary operations of the business. Commercial revenue may also be referred to as sales or as turnover. Some companies receive revenue from interest, royalties, or other fees A fee is the price one pays as remuneration for rights or services. Fees usually allow for overhead (business), overhead, wages, costs, and Profit (accounting), markup. Traditionally, professionals in the United Kingdom (and previously the Repu .... This definition is based on International Accounting Standard, IAS 18. "Revenue" may refer to income in general, or it may refer to the amount, in a monetary unit, earned during a period of time, as in "Last year, Company X had revenue of $42 million". Profit (accounting), Profits or net income generally imply total revenue minus total expenses in a given period. In accountancy, accounting, in the balance statement, revenue is a subsection of the ...
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World War II
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing military alliances: the Allies and the Axis powers. World War II was a total war that directly involved more than 100 million personnel from more than 30 countries. The major participants in the war threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. Aircraft played a major role in the conflict, enabling the strategic bombing of population centres and deploying the only two nuclear weapons ever used in war. World War II was by far the deadliest conflict in human history; it resulted in 70 to 85 million fatalities, mostly among civilians. Tens of millions died due to genocides (including the Holocaust), starvation, ma ...
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Highbury
Highbury is a district in North London and part of the London Borough of Islington in Greater London that was owned by Ranulf brother of Ilger and included all the areas north and east of Canonbury and Holloway Roads. The manor house was situated by what is now the east side of Hornsey Road near the junction with Seven Sisters Road. After the manor decayed, a new manor house was built in 1271 (see below) to the south-east; to differentiate it from the original manor and because it was on a hill, it was called Highbury, from which the area takes its name. The site for Highbury Manor was possibly used by a Roman garrison as a summer camp. During the construction of a new Highbury House in 1781, tiles were found that could have been Roman or Norman; however, these have been lost. Highbury Manor Ownership of Highbury eventually passed to Alicia de Barrow, who in 1271 gave it to the Priory of St John of Jerusalem, also known as the Knights Hospitallers in England. The wealthy ...
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Henry Norris (businessman)
Sir Henry George Norris (23 July 1865 – 30 July 1934) was an English businessman, politician and football club director, most famous for his chairmanship of both Fulham and Arsenal. Business and political career Born in Kennington, to a working-class family but educated privately, Norris left school at 14 to join a solicitor's firm, leaving 18 years later to pursue a career in property development trade, partnering W.G. Allen in the firm Allen & Norris. He made his fortune building houses in south and west London — Fulham in particular. He was commissioned into the 2nd Tower Hamlets Rifle Volunteers in 1896, but resigned the following year. He was later Mayor of the Metropolitan Borough of Fulham from 1909 to 1919, a member of the London County Council from 1916 to 1919, and served as Conservative Member of Parliament (MP) for Fulham East from 1918 to 1922, retiring after falling out with his party on the issue of tariff reform. During World War I Norris had worked heavily ...
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Fulham F
Fulham () is an area of the London Borough of Hammersmith & Fulham in West London, England, southwest of Charing Cross. It lies on the north bank of the River Thames, bordering Hammersmith, Kensington and Chelsea. The area faces Wandsworth, Putney, Barn Elms and the London Wetland Centre in Barnes. on the far side of the river. First recorded by name in 691, Fulham was a manor and ancient parish which originally included Hammersmith. Between 1900 and 1965, it was the Metropolitan Borough of Fulham, before its merger with the Metropolitan Borough of Hammersmith created the London Borough of Hammersmith and Fulham (known as the London Borough of Hammersmith from 1965 to 1979). The district is split between the western and south-western postal areas. Fulham has a history of industry and enterprise dating back to the 15th century, with pottery, tapestry-weaving, paper-making and brewing in the 17th and 18th centuries in present-day Fulham High Street, and later involvement in t ...
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Woolwich
Woolwich () is a district in southeast London, England, within the Royal Borough of Greenwich. The district's location on the River Thames led to its status as an important naval, military and industrial area; a role that was maintained throughout the 16th to 20th centuries. After several decades of economic hardship and social deprivation, the area now has several large-scale urban renewal projects. Geography Woolwich is situated from Charing Cross. It has a long frontage to the south bank of the Thames river. From the riverside it rises up quickly along the northern slopes of Shooter's Hill towards the common, at and the ancient London–Dover Road, at . The ancient parish of Woolwich, more or less the present-day wards Woolwich Riverside and Woolwich Common, comprises . This included North Woolwich, which is now part of the London Borough of Newham. The ancient parishes of Plumstead and Eltham became part of the civil parish of Woolwich in 1930. Parts of the wards ...
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Limited Liability Company
A limited liability company (LLC for short) is the US-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. An LLC is not a corporation under state law; it is a legal form of a company that provides limited liability to its owners in many jurisdictions. LLCs are well known for the flexibility that they provide to business owners; depending on the situation, an LLC may elect to use corporate tax rules instead of being treated as a partnership, and, under certain circumstances, LLCs may be organized as not-for-profit. In certain U.S. states (for example, Texas), businesses that provide professional services requiring a state professional license, such as legal or medical services, may not be allowed to form an LLC but may be required to form a similar entity called a professional limited liability company (PLLC). An LLC is a hybrid le ...
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Mutual Organization
A mutual organization, or mutual society is an organization (which is often, but not always, a company or business) based on the principle of mutuality and governed by private law. Unlike a true cooperative, members usually do not contribute to the capital of the company by direct investment, but derive their right to profits and votes through their customer relationship. A mutual organization or society is often simply referred to as ''a mutual''. A mutual exists with the purpose of raising funds from its membership or customers (collectively called its ''members''), which can then be used to provide common services to all members of the organization or society. A mutual is therefore owned by, and run for the benefit of, its members – it has no external shareholders to pay in the form of dividends, and as such does not usually seek to maximize and make large profits or capital gains. Mutuals exist for the members to benefit from the services they provide and often do not pa ...
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Deloitte Football Money League
The Deloitte Football Money League is a ranking of football clubs by revenue generated from football operations. It is produced annually by the accountancy firm Deloitte and released in early February of each year, describing the season most recently finished. Summary performance timeline The following table shows the clubs who have appeared in the rankings since the 1996–97 season, sorted by average annual rank, and drawn from the annual lists below. Rankings by season 2020–21 2019–20 2018–19 2017–18 2016–17 2015–16 2014–15 2013–14 2012–13 2011–12 For the fourth year running, the top 4 teams were Real Madrid, Barcelona, Manchester United and Bayern Munich, with Real Madrid becoming the first team to generate over €500 million in revenue. Manchester City, Borussia Dortmund and Napoli continued their meteoric rises up the table. 2010–11 2009–10 2008–09 2007–08 ...
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Deloitte
Deloitte Touche Tohmatsu Limited (), commonly referred to as Deloitte, is an international professional services network headquartered in London, England. Deloitte is the largest professional services network by revenue and number of professionals in the world and is considered one of the Big Four accounting firms along with EY (Ernst & Young), KPMG and PricewaterhouseCoopers (PWC). The firm was founded by William Welch Deloitte in London in 1845 and expanded into the United States in 1890. It merged with Haskins & Sells to form Deloitte Haskins & Sells in 1972 and with Touche Ross in the US to form Deloitte & Touche in 1989. In 1993, the international firm was renamed Deloitte Touche Tohmatsu, later abbreviated to Deloitte. In 2002, Arthur Andersen's practice in the UK as well as several of that firm's practices in Europe and North and South America agreed to merge with Deloitte. Subsequent acquisitions have included Monitor Group, a large strategy consulting business, in Janu ...
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