The Gunners experienced big loss in the pandemic

has revealed the effect of the pandemic on the club’s financial situation, forcing them into a £107.3 million loss in 2021, and they are not the only club experiencing financial damage during the outbreak of Covid-19, and this has been the main reason behind the rise of the ticket prices.

"Arsenal Holdings Limited has now published its consolidated accounts for the year ended May 31, 2021. The loss for the year after taxation was £107.3 million (2020 – loss of £47.8 million),"

Arsenal confirmed in a statement released on the club's official website

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"The results for the financial year have been materially impacted by the coronavirus pandemic, which caused the majority of matches for the 2020/21 season to be played behind closed doors.

"For matches played behind closed doors there was a complete loss of ticket (and other matchday) revenue. Pre-tax losses (unaudited) of £85 million (2020 - £35 million (unaudited)) are considered to be attributable to the impacts of COVID-19."

Despite the club’s justifications for their decision to raise the tickets prices by 4%, Arsenal’s Supporters’ Trust has reacted to the decision calling it a wrong decision.

“The AST believes that the 4% ticket price increase is unjustified at a time Arsenal’s overall revenues are increasing and fans are experiencing other pressures on their disposable income,"

the body fired in reaction to the news

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"We pointed out to the club that in recent years they have secured big increases to other commercial and broadcast revenue streams and that the Premier League have just announced further big increases to future broadcast revenues and UEFA forecasting further increases too."

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