Arsenal are 10th in the Premier League tableArsenal have revealed a pre-tax loss of £23.5m for the year to 31 May, compared with a £97.4m profit 12 months earlier. The Premier League club says average annual profit club from player sales over the past five seasons, including 2019-20, is £34m. Playing in the Europa League rather than the Champions League had an "adverse impact". Arsenal also confirmed their fifth-placed finish last season was below the pre-season target of securing a return to the Champions League after a two-year absence. However, the sums announced on Saturday underline the Gunners' reliance on player sales to help fund squad-building.

Source: BBC December 07, 2019 16:18 UTC