Arsenal post overall loss of £17.7 million despite record revenue

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Arsenal post overall loss of £17.7 million despite record revenue

ARSENAL made an overall loss of £17.7 million (US$22.29 million) in the 2023-24 financial year despite record revenue after wage costs increased nearly 40 per cent as the Premier League club announced their financial results on Wednesday. © New Straits Times Press (M) Bhd

ESPN

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Arsenal reveal £17.7m loss after jump in wages

Arsenal have announced a loss of £17.7million ($22.3m) for the year ending May 31 2024.

Evening Standard

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Arsenal accounts reveal record revenue and profit on player trading

Club posts overall loss of £17.7m for 2023-24, which follows on from loss of more than £50m in previous year

aletihad.ae

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LONDON (AFP) - English football club Arsenal recorded a loss of around 21.4 million euros during the 2023-24 season, despite recording record revenues of 745 million, according to the financial report. The London club's return to participating in the Champions League for the first time since the 2016-2017 season contributed to boosting its revenues, which rose from 564 million to 745 million from one season to the next. Participation in the stro…

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Thursday briefing: Arsenal report £17.7 million loss despite record revenue

Thursday briefing: Arsenal report £17.7 million loss despite record revenue je@offthepitch.com Thu, 02/20/2025 - 04:30 20 February 2025 - 4:30 AM Photo IMAGO Thursday briefing: Arsenal report £17.7 million loss despite record revenue Man Utd slump to £27.7 million loss for Q2 2025 LaLiga increases salary cap for remainder of 2024/25 season Man Utd co-owner INEOS ‘in talks’ over ending Spurs deal Prosecutors seek indictment of Napoli owner De La…

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Arsenal post £17.7m loss despite record revenues

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.