Arsenal's parent company has produced "healthy" interim financial results over the six months to the end of November 2005.
Group turnover for Arsenal Holdings increased to £57 million, up from the 2004 figure of £49.3 million, while profit before tax was up to £14.7 million from £2.7 million.
The departure of captain Patrick Vieira to Juventus over the summer saw a leap in profit from player transfers to £13.5 million, up from just £800,000 for the same period the previous year.
Most of Arsenal's current financial commitments are tied up with their move to the new Emirates Stadium in Ashburton Grove.
The construction of the 60,000-seater venue continues to progress on schedule to be opened in the summer, with more than 18,000 season tickets already allocated, all executive boxes are reserved and pre-sale of 'Club Level' seating at 90 per cent.
There has also been a successful launch of the sales process that will see some 711 residential apartments replace Arsenal's current home in the Highbury Square development.