https://arseblog.news/2020/02/arsenal-make-first-overall-revenue-loss-since-2002
Remember the days when Arsenal were viewed as a well run club?
Arsenal make first revenue loss since 2002
posted on 29/2/20
Should have been a 2nd year of losses in a row were it not for the £120m worth of player sales propping up the previous financial year.
posted on 29/2/20
Dont worry, we can make a profit next year. we invested well in young players and have had some come out of the academy.
Plenty their to sell to bolster the financial results at the expense of footballing success. We can make some good money from Martinelli, Saka, eddie, etc.
posted on 29/2/20
Been saying this for a while. We have players earning CL money who don't deserve it. Thats the underlying issue.
Not too bothered by the losses. Kroenke will have to cover it like Roman has for a while until we find a formula to get us back to regularly qualifying for the CL.
posted on 29/2/20
Expected. Wonder what’ll the board do
posted on 29/2/20
Converted to debt. Like Chelsea I suspect.
posted on 29/2/20
Really good news! Nothing talks like money. Maybe the board, with help of unhappy fans, will finally demand major changes at this club, beginning at the top.
posted on 29/2/20
Remember the days when Arsenal were viewed as a well run club
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And you hated us then aswell 🚮