Arsenal, the English competitor of the Premier League, announced today on Wednesday that he had recorded total losses of 17.7 million pounds ($ 22.29 million) during the year 2023-2024 Despite its standard income after the salary of around 40%.
The club’s income increased by 32%, going from 466.7 million pounds in 2023 to 616.6 million pounds thanks to his return to the Champions League, because he reached the quarter -final and obtained good Premier League results when he finished the second season.
With his return to the Champions League, matches of the matches increased to 131.7 million pounds, against 102.6 million pounds the previous year, while the broadcasting rights increased to 262.3 million pounds .
Salaries increased from 234.8 million pounds in 2023 to 327.8 million.
The club said – in a press release – that “the increase was mainly motivated by investment in the wages of players and players. There has also been an impact on the increase in the number of employees in the fields commercial and operational “.
He added: “The total profits of players’ records reached 51.1 million pounds (compared to 10.7 million pounds in 2023)”
The renewal of the agreement with water has helped improve the performance of the commercial club at 218.3 million pounds.