£20M ARSENAL BOOST.

ARSENAL supremo Keith Edelman today countered Peter Kenyon's claim that Chelsea are London's richest club as the Premier League leaders posted a £20 million profit in their latest financial figures. In contrast to Chelsea, who yesterday reported losses of £74.8m for last season, the Gunners posted healthy pre-tax profits as their turnover rose to £96m for the six months ending 30 November 2007. In a subtle dig at his west London rivals, the Arsenal chief executive said: "I always think that the key is to play good football and make a profit. These are the two key objectives we have. [ABSTRACT FROM PUBLISHER]