King of London? During the 22/23 season, Arsenal contributed more than £500 million to the English economy(danyu)

Live on November 21 The London Evening Standard reported that Arsenal FC contributed more than 500 million pounds to the British economy during the 2022-23 season.

This is a report by Ernst & Young Huaming, which for the first time in the club's history delves into Arsenal's economic and social impact. The report was released on Tuesday morning and the survey revealed that Arsenal's £616 million contribution to the UK economy in 2022/23 came from Islington Borough where the club is based.

Arsenal has provided more than 4,400 jobs in the UK and generated £228 million in UK tax revenue. Meanwhile, during the 2022/23 season, the Emirates Stadium attracted 1.6 million fans, boosting the local economy.

From a societal perspective, EY's report shows that 14,000 people were involved in Arsenal's community activities in the 2022-23 season.

Arsenal FC's general manager, Richard Garrick, said: "Arsenal FC has a lot to bring to our community beyond football. Creating a sense of belonging and advancing the community has been at the heart of Arsenal's philosophy since its founding in 1886, and we value this heritage and the positive impact we continue to make. ”

"Today, we are proud to release our first Economic and Social Impact Report. EY's independent analysis shows our contribution to the local and national economy, bringing £616 million in economic value to the UK. ”

"We hope that this report, and the stories shared by local communities, will shed light on Arsenal's contribution to the prosperity of the local communities we serve, and the impact we have had outside of Islington."