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Club financial results for 2020/21
Arsenal Holdings Limited has now published its consolidated accounts for the year ended May 31, 2021. The loss for the year after taxation was £107.3 million (2020 – loss of £47.8 million). The results for the financial year have been materially impacted by the coronavirus pandemic, which caused the majority of matches for the 2020/21 season to be played behind closed doors. For matches played behind closed doors there was a complete loss of ticket (and other matchday) revenue. Pre-tax losses (unaudited) of £85 million (2020 - £35 million (unaudited)) are considered to be attributable to the impacts of COVID-19. The result for the year can be broken down into the following key...
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-3y from Arsenal.com
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