Arsenal announce £2.5m loss

Arsenal have announced an overall loss of £2.5m in their half-yearly accounts today but claim their “robust financial performance” has kept them on track.

The Gunners revealed the after-tax loss today – taking into account changes in property and player trading, which are essentially one-offs – for the six months ended 30 November 2010, compared to a 2009 profit of £29.2m.