Gunners reveal financial loss

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Football News

Arsenal have announced an overall loss of £2.5million in their half-yearly accounts but claim their "robust financial performance" has kept them on track.

The Gunners revealed the after-tax loss on Monday - taking into account changes in property and player trading, which are essentially one-offs - for the six months ended 30 November 2010, compared to a 2009 profit of £29.2m.

There was also a significantly reduced profit on player sales of £4m, with no big names having departed, compared to £33.9m the previous year when the coffers were boosted by the sales of of Emmanuel Adebayor and Kolo Toure to Manchester City.


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