Arsenal have today reported a 54 percent rise in first-half profits thanks to new big money TV deals and the sale of former captain Thierry Henry over the summer.

The club said pretax profit rose to £20 million in the 6 months to Nov. 30 from £12.6 million a year ago.

Total turnover dropped to £97 million from £100.8 million a year ago due to a near 70 percent drop in revenues from property deals.