Arsenal were forced to pay out a hefty compo fee to Unai Emery after his sacking, it has been revealed.
Emery was dismissed as Gunners manager in November 2019 after just 18 months in charge, having overseen a miserable run of seven matches without a win at the time.
The Spaniard and his coaching staff were handed their P45s and in came Arteta, who guided Arsenal to FA Cup glory in his first half-season at the helm.
It proved an inspired decision to replace Emery with Arteta last term, but it cost the north London club a fair amount in the process.
Arsenal's annual financial report for the year ended May 31, 2020, which includes the end of the 2019/20 season, shows the managerial change cost them a whopping £10.4million.