you're talking about my team. Their home stadium is called the Emirates stadium because Emirate airlines put up £100 million of the £390 million the stadium cost to build. Part of the deal involved the stadium being named 'Emirates' for a guaranteed period of 15 years.
Arsenal would have preferred a deal with a British company, but nobody could match Emirate airline's offer.
The stadium is an amazing place, more like a modern hotel inside than a football stadium. It can seat just under 60,500 people, and it's the first one that my wife has said she feels really comfortable in. I go there if I can get a ticket, I have several clients who have season tickets (I don't) and they lend them to me from time to time.
Nope, they don't own it, or any part of it. They have bought the right to have their name on it for 15 years.
The bulk of the money was provided by a consortium of banks, lead by the Royal Bank of Scotland, but Arsenal themselves own the stadium. Nobody except the club's directors and the banks is quite sure of the current situation, but it is widely thought that Arsenal have already repaid much of their debt to the banks.
The cost was actually £390 million, but the club immediately recovered £30 million of that from the sale of private boxes, making the net cost repayable of around £360 million - of which Emirates paid £100 million.
If you get a chance, do the stadium tour, including the museum.
The changing rooms (the home one anyway) and facilities have to be seen to be believed.
The pitch is phenominal, and only walked on by the 1st team and gound staff. The reserves and youth team have to make do with the traiing pitch (unless they get to the semi finals of their respective cup tournaments)