The Archery Tournament – Or Was It?
Those of you that have read an Arsenal history book will, more than likely, have noticed that the club organising an archery tournament in 1903 to raise funds. Arsenal handbooks throughout the 1970s included this statement within the club’s chronology:
Now, Edwardian England may seem a long time ago, but the medieval art of archery was very much in the decline, if not virtually non-existent at this time. On top of this, £1,200 was more than one fifth of Woolwich Arsenal’s turnover at the time. To put this into perspective, it is similar to a tournament bringing in £40 million today.
So, how was it that a tournament of this nature could greatly swell the club’s coffers? Read More →