Arsenal FC: a turnover of £344.5m (-12.9%) and net loss of £47.8m in 2019-20

Arsenal FC (Premier League) has posted a turnover of £344.5m (€382.4m on 31/05/2020) for the financial year 2020 (from 01/06/2019 to 31/05/2020), down 12.9% compared to 2019 (£395.6m/€446m on 31/05/2019), announced the club on 05/03/2021.

Arsenal FC's revenues declined for the third consecutive season in 2019-20, compared with £423.9m (€485.9m on 31/05/2017) in 2016-17, the last time the London club played in the Champions League. "The financial results have been materially impacted by the Coronavirus pandemic and the consequent lockdown and suspension of the 2019-20 football season. Matches from the closing part of the 2019-20 season, including the club winning The Emirates FA Cup for a record 14^th time, were completed in the next financial year, ending May 31/05/2021," said the club.

Arsenal FC posted a net loss of £47.8m (€53.1m) in 2019-20, compared with £27.1m (€30.5m) for the 2018-19 season. This is the second consecutive net loss incurred by the club, which had previously only recorded positive financial years between 2001-02 and 2017-18.

• Arsenal FC Activity: English…