Arsenal shares were recently trading for £17,750 each, a new record for a single share according to Angry of Islington.
- Previous record was £17,500
- Price had dropped as low as £14,000 per share in 2014
- Rise likely reflects new TV money
As you can see in the graphic below, there has been a slow but steady rise in the price of Arsenal shares over the past 12 months
In this graphic, you can see the drop in 2014
While I’m certainly no expert in what drives share prices up and down, 2014 was when Arsene Wenger last signed a new deal with the club.
In this final graph, you can see how the shares have traded since 2008: