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Arsenal announce post-tax loss of £47.8m
Arsenal have announced a post-tax loss of £47.8m for the year ended May 31, 2020. The club say that ‘Pre-tax losses of £35 million were directly attributable to COVID-19.' The breakdown of which is estimated as follows: Lost match day revenues of £14m Deferral of £34m of broadcasting revenues into financial year 2020/21 £6m of […]
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