Connect with us

Sports

Arsenal Post £17.7m Loss Despite Record Revenues

Published

on

Arsenal lost £17.7 million in the 2023/24 season despite a return to the Champions League helping to post a club record £616.6 million ($775 million) revenue.

The Gunners missed out narrowly to finish second to Manchester City in the Premier League and reached the quarter-finals in their first Champions League campaign since 2016/17 before bowing out to Bayern Munich.

A return to Europe’s elite club competition contributed towards a £71 million rise in broadcasting revenue and £29 million more matchday income.

Advertisement

READ ALSO: Arsenal Crush Man City 5-1 To Keep Premier League Title Hopes Alive Title

Commercial income also grew significantly to £218.3 million thanks to a renewal of the club’s agreement with stadium and shirt sponsor Emirates and selling naming rights to the training ground to Sobha Realty.

However, wages skyrocketed to £327.8 million from £234.8 million.

Advertisement

The figures were an improvement on the £52.1 million loss posted in the previous 12 months.

READ ALSO: Arsenal Beat Luton To Top Premier League Table

“The club continues to be compliant with all applicable financial sustainability regulations put in place by UEFA and the Premier League,” Arsenal said in a statement.

Advertisement

Consecutive qualifications for the UEFA Champions League for 2024/25 for both men’s and women’s teams represent a positive continuation of the club’s progress and we look forward to an exciting end to the 2024/25 season.”

Arsenal sit second in the Premier League, seven points behind Liverpool, with 13 games remaining and have progressed to the last 16 of the Champions League.

Advertisement

Sports

UCL: Why I Snubbed Move To Real Madrid – Saliba

Published

on

Arsenal defender, William Saliba, has revealed why he turned down a move to Real Madrid.

Saliba recently put pen to paper on a contract extension with the Gunners.

The Frenchman has now claimed he wants to win silverware with the Premier League side, before he can think of leaving the Emirates.

Advertisement

READ ALSO:UCL Matchday 4: Liverpool Host Real Madrid, Bayern Face PSG, Other Fixtures

“Of course it’s really tempting when a club like that is interested in you.

“But I wanted to win titles at Arsenal first before thinking about anything else,” Saliba told Telefoot.

Advertisement

Saliba might get his wish this season, as Arsenal look well on course to end their two-decade wait for the league title.

Mikel Arteta’s men are six points clear at the top after 10 matches.

Advertisement
Continue Reading

Sports

UCL Matchday 4: Liverpool Host Real Madrid, Bayern Face PSG, Other Fixtures

Published

on

The league phase of the 2025/26 UEFA Champions League hits its halfway mark on Tuesday and Wednesday.

Matchday 4 arrives with drama scripted across Europe.

Eighteen games, countless storylines, and a stage where heroes, heartbreak, and history are never far apart.

Advertisement

From Anfield to Paris, Turin to Prague — the world’s greatest club competition enters its next act.

These preview details were obtained from the UCL website on Monday.

1. Liverpool vs Real Madrid

Advertisement

A rivalry defined by glory and grief — from Kyiv to Paris to Anfield’s famous nights.

Last season, the Reds finally broke their curse, a 2-0 victory ending an eight-game winless run against Los Blancos. Now, Jürgen Klopp’s men return to Anfield, chasing a 16th straight European home win — an Anfield fortress roaring under the lights.

Mohamed Salah stands on the brink of greatness: two goals from becoming the first African player to reach 50 in the Champions League. Across the pitch, a familiar face wears white now — Trent Alexander-Arnold, the Scouser turned Galáctico, facing the Kop for the first time.

Advertisement

Madrid’s own prodigy, Jude Bellingham, could rewrite history too. At 22 years and 128 days, he’s set to become the youngest ever player to make 50 Champions League appearances — eclipsing Iker Casillas, the symbol of Madrid’s golden past.

READ ALSO:Why I Refused To Endorse El-Rufai As My Successor — Obasanjo

It’s not just a match. It’s memory, emotion, and destiny colliding.

Advertisement

2. PSG vs Bayern Munich

Paris have lost just two of their last 41 home Champions League group stage games, and the Parc des Princes is again a fortress. But Bayern are serial conquerors, with 13 wins in their last 15 meetings against French opposition.

All eyes will be on Ousmane Dembélé, who’s lived every twist of this rivalry — scorer, provider, even villain. He faces his old Bundesliga tormentors with something to prove. Meanwhile, Lucas Hernández meets his former teammates after switching red for blue.

Advertisement

At the other end, Harry Kane continues his European rampage — 11 goals in his last ten UCL appearances — while Joshua Kimmich eyes his 100th Champions League match for Bayern, joining legends Müller, Neuer, Lahm, and Kahn in elite company.

It’s a battle of old foes and new ambitions — with the scent of late drama thick in the Paris air.

READ ALSO:Bully – Iran’s Supreme Leader Declines Nuclear Talks With Trump

Advertisement

3. Slavia Praha vs Arsenal

In Prague, memories of 2021 linger — when Arsenal crushed Slavia’s quarter-final dreams with a 4-0 rout.
Four years later, the Czech champions seek payback on home soil.

Slavia have found their scoring rhythm — goals in 26 of their last 27 European home games — but face an Arsenal side in imperious form. The Gunners are unbeaten in ten against Czech clubs, with seven straight UCL league-phase wins.

Advertisement

Gabriel Martinelli has found the net in all three of Arsenal’s group games — and the Brazilian’s fearless energy has made him Mikel Arteta’s symbol of this new Arsenal: vibrant, ruthless, relentless.

History favors the Gunners — but Slavia’s home spirit, under the lights of Eden Arena, makes this more than a formality. It’s redemption, reimagined.

4. Juventus vs Sporting CP
In Turin, it’s about legacy.

Advertisement

READ ALSO:UCL: Inter To Face Bayern After Breezing Past Feyenoord

Juventus, chasing their 500th European Cup goal — the first Italian team to do so — meet Sporting CP, winless against Italian opposition since 2011.

The Bianconeri have stumbled on the continental stage lately — only two wins in their last 11 European games — and must rediscover their old ruthlessness. Sporting, ever daring, have scored in 19 straight group-stage matches, and will not come quietly.

Advertisement

For both sides, this isn’t just a fixture. It’s a test of belief.

Elsewhere Across Europe on Tuesday:

Tottenham vs Copenhagen
Napoli vs Frankfurt
Atlético Madrid vs Union Saint-Gilloise
Bodø/Glimt vs Monaco
Olympiacos vs PSV Eindhoven
PUNCH Online reports that the remaining games will take place on Wednesday.

Advertisement

Pafos vs Villarreal and Qarabağ vs Chelsea kick off early.
Ajax vs Galatasaray
Club Brugge vs Barcelona
Inter vs Kairat
Man City vs Dortmund
Newcastle vs Athletic Club
Marseille vs Atalanta
Benfica vs Leverkusen. Also reports that only five teams have maintained a perfect start winning all three games from the previous match days.

Continue Reading

Sports

Okpebholo Bags SWAN Governor of the Year Award

Published

on

National Leadership of the Sports Writers Association of Nigeria (SWAN) has named the governor of Edo State, Senator Monday Okpebholo, as the Distinguished Governor of the Year in recognition of his outstanding contributions to the development of sports in Nigeria.

The award will be formally presented to the governor on Friday, October 31, during SWAN’s 60th Diamond Jubilee Anniversary.

Edo State Chairman of SWAN, Comrade Kehinde Osagiede, disclosed this on Tuesday in Benin when he led members of his executive on a courtesy visit to the State Commissioner for Information and Strategy, Prince Kassim Afegbua.

Advertisement

READ ALSO:SWAN Kicks Off 60th Anniversary/Awards With Religious Services

Osagiede said the visit was aimed at officially introducing the Edo SWAN Executive — which assumed office about a year ago — to the commissioner and to strengthen collaboration between the association and the state government.

Governor Monday Okpebholo was carefully selected for this honour because of his remarkable contributions to sports development in Nigeria within his first year in office.

Advertisement

“We also came to congratulate you, Mr. Commissioner, on your well-deserved appointment, and to inform you, as the spokesperson of the state government, about the forthcoming award to the governor,” he said.

He further assured that the Edo SWAN chapter would continue to collaborate with the state government to promote sports development across the state.

READ ALSO:SWAN, Edo Sports Commission Collaborate To Promote Grassroot Sports

Advertisement

In his response, the Commissioner for Information and Strategy, Prince Kassim Afegbua, thanked SWAN for the recognition accorded Governor Okpebholo and for its support towards sports promotion in Edo State.

Afegbua, who disclosed that the governor was currently on official duty in Ekiti State, promised to brief him about the honour.

He urged sports journalists in the state to give balanced and positive coverage to the activities of Bendel Insurance Football Club, Edo Queens, and other sporting programmes initiated by the state government.

Advertisement

“The Edo State Government will continue to partner with SWAN to advance sports development in the state,” the commissioner assured.

Continue Reading

Trending