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Arsenal are heading for losses

Arsenal are heading for a loss suggests Magnus Albersten of Off The Pitch: 'When Arsenal release their 2018/19 accounts, they’ll be in the red for the first time since 2002 in terms of pre-tax profit. The profit of £70.2 million in 2017/18 will inevitably be turned into a loss largely due to no profit on player sales in 2018/19.'

'When Arsenal disclosed their annual accounts for the 2017/18 season, they showed a massive profit but also revealed decreasing revenue. Despite posting a profit, the accounts did not look healthy in the long run for the Gunners. They had an operating loss of £42 million, which was only saved by the profit on player sales of £120 million (with Alex Oxlade-Chamberlain and Alexis Sánchez as the biggest sales of the season).'

He concludes, 'Financially, the 2018/19 season will most likely be one to forget for Arsenal. Even though the club increased their total revenue, Arsenal are expected to reveal a pre-tax loss of £29 million. The loss is mainly due to the decrease in profit from player sales, where their income took a £123 million dive compared to the season before.'

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