Arsenal increasing ticket prices in bid to combat ‘continued rising costs’ as club prepare to announce losses

Arsenal have announced a four per cent increase on ticket prices for next season as the club bids to get their finances back to “a breakeven position in the medium term”.

The across-the-board rise, Arsenal’s first since 2014, comes as the club prepares to announce huge losses in their accounts for the latest financial year.

Arsenal have stressed the decision to increase ticket prices has “not been taken lightly” and has been done as they combat “continued rising costs”.

Like many clubs, Arsenal have been hit hard financially by the impact of Covid-19. But they were already making a loss before the pandemic struck.

As a result, the club is looking to grow revenue streams and matchday is one area being targeted as they look to reach “a breakeven position in the medium term” with their finances.

Man Utd boss hopes to see de-escalation amid Russia-Ukraine tensions

Antonio Conte: Kane would play even if he had one leg

Boris Johnson says Vladimir Putin is ‘bent on full-scale invasion’ of Ukraine

Chelsea boss: Lukaku’s struggles are no laughing matter

Ralf Rangnick hails his side's character as Man U survive tricky Leeds encounter

Jurgen Klopp hails Mo Salah's 150-goal landmark for Liverpool

Team GB women curlers on 'phenomenal' Olympic gold win

Everyone knows he’s quality: Harry Kane winner was no surprise to Pep Guardiola

Conte hails

Curling

Mikel Arteta calls on Arsenal players to stop getting red cards

Rangnick dismisses reports Maguire could be replaced as captain

Amir Khan and Kell Brook face off ahead of fight

Boxers Kell Brook and Amir Khan workout ahead of Manchester fight

Tiger Woods has ‘long way to go’ in his recovery from horrific car crash

IOC defends decision not to award medals if Kamila Valieva finishes in