While Arsenal’s revenue is falling, its costs are rising, significantly hurting their profitability, now relying on player sales to return a profit. Costs rose from £372.0m to £445.3m (20%), a hefty increase.
Wages were also on the rise, increasing from £199.4m to £240.1m (20%)

— Abhishek Patil (@Patilabhishek49) May 14, 2019