The true scale of Arsenal’s debts under Stan Kroenke to be disclosed in latest financial results


Arsenal fans will have to wait a little longer to get the full picture of the club’s finances up to the end of the 2018/19 season.

As football.London reported today , the club appeared to fall to a financial loss last season after rising costs, lower costs and a failure to replicate extraordinary profits on player sales took their toll on the club’s finances.

This had been expected, with Arsenal spending yet another season outside of the Champions League, not trimming costs and declaring only a meagre £12.2million profits on outgoing players – compared to more than £120million in 2017/18.

However, these figures only give a glimmer into Arsenal’s financial health.

source: Football.London

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