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Arsenal report £3.4m loss, £136m cash reserves
Arsenal have reported a post-tax loss of £3.4m for the six-month period to the end of November. The modest deficit compares to a profit of £6.2m for the equivalent period in 2014, mainly due to a reduction in transfer activity, although the club still boasts healthy cash reserves of almost £136m. Club chairman Sir Chips Keswick said of the results: "This has been an unpredictable Premier League season thus far. What is important is that we are in contention and I am sure we have the resources and ability within the squad to sustain a strong challenge. The end of season run-in is going to be an exciting one and I am confident we will be very much at the centre of the action....
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-10y from SportsMole.co.uk
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