As featured on NewsNow: Football news

Arsenal suffer stunning matchday financial loss

Arsenal's stayaway fans are now hitting the club's bottomline.

The Mirror says Arsenal have published their accounts for the year ending May 31 2019 - showing a £30million loss in matchday revenue.

The Gunners have gone from a pre-tax profit of £97.4million to a pre-tax loss of £23.5million amid wretched form on the pitch.

Arsenal made over £100million less in player sales - going from £122million to £16million - not including figures from the summer transfer window.

But perhaps the most stark figure was the matchday revenue falling to £69million.

Overall, revenue fell from £388.6million to £367.5million - something the club attribute to the delay in season ticket sales following the Europa League final.

Video of the day:

About the author

Paul Vegas

×

Subscribe and go ad-free

For only $10 a year

  1. Go Ad-Free
  2. Faster site experience
  3. Support great writing
  4. Subscribe now
Launch Offer: 2 months free
×

Subscribe and go ad-free

For only $10 a year

Subscribe now
Launch Offer: 2 months free