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<p>Kate Mackle poses next to the Arsenal emblem in the entrance to the housing development where Highbury, the former Arsenal football ground once stood, in north London.. Four years ago, Highbury, the site of the Premier League's club's old stadium, was added to the long list of historic football venues abandoned in the wake of English clubs' desire to improve facilities and boost revenue with bigger crowds. But what is now called 'Highbury Square' still looks just like an old-fashioned football stadium: apartments are built into the Art Deco facades of the 1930s main stands and face onto a 2-acre garden growing where the field used to be. (AP Photo/Lefteris Pitarakis)</p>

<p>Kate Mackle poses next to the Arsenal emblem in the entrance to the housing development where Highbury, the former Arsenal football ground once stood, in north London.. Four years ago, Highbury, the site of the Premier League's club's old stadium, was added to the long list of historic football venues abandoned in the wake of English clubs' desire to improve facilities and boost revenue with bigger crowds. But what is now called 'Highbury Square' still looks just li…

February 26, 2010

Stories this photo appears in:

Arsenal cuts overall debt by almost 40 percent
February 26, 2010 11 p.m.

Arsenal cuts overall debt by almost 40 percent

Takeover bid by Denver-based organization still on table

LONDON - Arsenal has cut its debt by almost 40 percent to 203.6 million pounds ($311.6 million) through selling more of the apartments it built on the site of its former stadium