Arsenal have announced losses of £107m for the 2020-21 season, more than their losses from the previous two seasons combined.
The Gunners had recorded losses of £47.8m for the 2019-20 season and £27.1m for the 2018-19 campaign, but the club have cited the impact of the Covid-19 pandemic when detailing the results.
The news comes as Arsenal have announced an increase in season ticket prices for the 2022-23 campaign, with the cheapest season ticket expected to cost in the region of £927, and contains the revelation that the London club forked out £244.4m in wages last term - a rise of just under £10m year-on-year.
