Back to overview

Arsenal turn profit into big loss - but is there worse to come?

Getty Images | Arsenal post first loss since 2002. It is important to note, however, that the full financial picture for Arsenal will only come into focus when Arsenal Holdings Limited publishes its accounts. Here Héctor Bellerín after the defeat to Brighton & Hove Albion at Emirates Stadium on December 05, 2019.

As the financial results released for the 2018/19 season are for the football club only, the loss is expected to be even greater when the club's holding company releases its full financial statement.

Turnover fell £21 million to £367.4 million as a result of a change in the way matchday revenue from season ticket renewals is recorded.

9 December 2019 - 11:22 AM

By Emil Gjerding Nielson

Do you want to read this article?

Get smarter in minutes. Straight to your inbox
21-day free trial

No credit card required. No strings attached. Your access ends automatically, so there’s nothing to cancel.

Activate instantly with the link we’ll send you.