Could not subscribe, try again later Invalid EmailArsenal made a huge profit after their summer transfer business. The club’s latest accounts - up to November 2017 - show they did big business with the sales of Alex Oxlade-Chamberlain, Wojciech Szczesny, Kieran Gibbs and Gabriel. It is unlikely to please Arsenal fans that the club ended up in profit rather than splashing the cash on transfers. (Image: AFP)(Image: Arsenal FC)The increased operating costs are attributed to an increase in player wages, while amortisation of player registrations went up by £7.6m to £43.6m. However our strategy remains self-financing and we must accept all the challenges that bring at a time when the inflation of transfer fees, player wages and the fees demands by agents has become super-heated.

Source: Daily Mirror February 28, 2018 14:18 UTC