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AST
Updated AST analysis of the financial position of Arsenal during the Covid-19 pandemic. Estimated losses of £44m this year and £80m next year. And if fans don't return soon and more broadcast contracts see reductions it could be much worse. 1/3
An updated look at how Covid-19 is affecting Arsenal's finances
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AST Sep 20
Replying to @AST_arsenal
Arsenal still run a bloated wage bill (well over £200m a year) and carry significant debts - both player installments still owed to other clubs and to KSE (stadium loan legacy). We do not know yet what interest, if any, is being charged to the club. 2/3
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AST Sep 20
Replying to @AST_arsenal
Potential losses of at least £120m (possibly £150m) over 2020 & 2021 demonstrate why Arsenal have to be so careful in transfer market. Our estimate assumes net nil player spend this summer. This means only spending what is received in player sales. 3/3
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Aubamesque Sep 20
Replying to @AST_arsenal
''The World’s Most Valuable Sports Empires: Worth $8.4 Billion, Kroenke Sports Lands At No. 1''
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Voice Of The Arsenal Fan Sep 20
They wouldn't be most valuable, if they care about the fans my friend. They are still since the day one cancer for this club, and that is gonna stay like that.
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Clockend79 Sep 20
Replying to @AST_arsenal
Tough times, assume most PL clubs in same boat, it’s not in Stan’s interest for club to deteriorate so he will have to prop up until better times?
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Keithbates Sep 20
Replying to @AST_arsenal
Why cant greedy stan bail them out with an interest free loan its disgraceful !!!!
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John Sep 20
Just like most other businesses if football’s income starts to fall then the clubs will have to cut costs. Mostly that means player salaries. Watch SK invest if a European league comes along and it looks like The Arsenal aren’t going to be in it.
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Stu AFC Sep 20
It's the same for every club not Arsenal alone.
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Miad Arteta 🇧🇩 Sep 20
Self sustaining model killing is year after year ffs
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Jonathan Lenz Sep 20
So in other words we aren't signing partey and Aouar
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AST Sep 20
Would have to sell to balance the books
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