Arsenal has reported a significant financial loss in their latest accounts, with a £52m loss for the 2022-23 season. The club's revenue increased to £464m, up from £372m, yet the wage bill remained relatively low at £234.7m compared to other top clubs. A substantial part of the loss is attributed to the Nicolas Pepe deal, which cost the club over £100 million in transfer fees and wages. Arsenal also wrote off £18.1m on Pepe to facilitate his departure, highlighting the financial challenges faced by the club, despite increasing revenues.
#LFC's latest set of accounts for 22/23 season show pre-tax loss of £9m. Overall revenue unchanged at £594m. ⬆️ Commercial up £25m to £272m. ⬇️ Media down £19m to £242m ⬇️ Match day fell £7m to £80m ⬆️ Wage bill up from £366m to £373m. Analysis...... https://t.co/h5pz3GYHCc
The US Soccer Federation paid more than $9.2 million to two law firms during its most recent fiscal year, according to a new financial statement. https://t.co/mynzY0LRLE
Nicolas Pepe responsible for part of Arsenal's huge losses for last season https://t.co/K6w25cLBGU
Arsenal's accounts revealed they wrote off £18.1m on Nicolas Pepe to get rid of him 👋 Unai Emery has taken a lot of stick from fans - but he wasn't responsible for the £72m signing ⬇️ https://t.co/MZH1QKuTKK https://t.co/u88pdFBMEu
Arsenal's accounts revealed they wrote off £18.1m on Nicolas Pepe to get rid of him 👋 Unai Emery has taken a lot of stick from fans - but he never wanted the £72m winger 👀 https://t.co/MZH1QKulVc https://t.co/AXna6BloRO
Arsenal suffer huge £52.1m loss in latest accounts as forgotten transfer flop comes back to haunt them https://t.co/WraFDY6pdD https://t.co/WraFDY6pdD
Nicolas Pepe deal is believed to have cost Arsenal significantly more than £100 million in transfer fee and wages 😳 #TelegraphFootball | #Gunners
Arsenal's financial results are out - revenue of £464m (up from £372m), £52m loss. Wage bill is most interesting detail - at £234.7m it is still very low compared to Man City/ Man Utd/ Liverpool/ Chelsea: https://t.co/VCJgYJcitV
Arsenal report £52.1m loss in 2022-23 accounts @TheAthleticFC 🔴⚪️ #AFC https://t.co/SFlY6zlzWv