Sports

Arsenal Post £17.7m Loss Despite Record Revenues

Published

1 year ago

February 19, 2025

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.

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.

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

“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.

“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.

Sports

EPL: Chelsea Set To Sanction First Summer Transfer Under Alonso

Published

3 hours ago

May 28, 2026

Editor

Chelsea are set to sanction their first summer transfer under their new manager, Xabi Alonso.

According to the BBC Sport, the Blues are ‘open’ to selling Filip Jorgensen this summer after the goalkeeper indicated his desire to leave Stamford Bridge.

Jorgensen joined the Premier League west London club two seasons ago from Villarreal.

The 24-year-old shot-stopper was expected to compete for the number one position with goalkeeper Robert Sanchez, but he made just 11 Premier League appearances over the two seasons.

However, while the arrival of Alonso to Stamford Bridge could lead to a change in fortunes for Jorgensen, the report added that the Danish star has already expressed his desire to leave Chelsea this summer to get more regular playing game-time elsewhere.

Chelsea had blocked a potential exit for Jorgensen in the January transfer window, but the Premier League west London club are now open to a sale, with European and English clubs expected to explore a deal for the goalkeeper.

Sports

EPL: ‘Go For Alvarez’ – Paul Merson Hands Arsenal Two Signings To Make

Published

2 days ago

May 26, 2026

Editor

Arsenal legend, Paul Merson, has handed his old club two signings to make in the summer.

Merson wants Arsenal to sign Atletico Madrid striker Julian Alvarez and a new midfielder.

“I would get a centre forward this summer, I would go for Julian Alvarez,” Merson said on The Good, The Bad & The Football podcast.

“I am a big fan. If they could get him, I would. I still think they probably need another midfield player as well.”

Arsenal is expected to bolster its squad in the summer after winning the Premier League title ahead of Manchester City this season.

Sports

EPL: Wayne Rooney Picks Most Improved Player This Season

Published

2 days ago

May 26, 2026

Editor

Manchester United legend, Wayne Rooney, has picked the Red Devils defender Luke Shaw as the most improved player in the Premier League following the conclusion of the 2025/26 season.

Speaking on his BBC podcast, Rooney said, “I think, for me, Luke Shaw. I think Luke Shaw has been the most improved player this season.

“I know he is an experienced player now, but I think his level this season has been much better than it has been in recent seasons.

“People might look at Kobbie Mainoo but I don’t think he’s improved. It was just the fact he wasn’t playing under the former manager so it wasn’t good or bad.”

Shaw enjoyed one of his most consistent seasons at Man United and started all of Man United’s Premier League games.