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Arsenal have reported a loss of 47.8 million pounds ($65.97 million) in the last financial year as the COVID-19 pandemic disrupted schedules and forced games to be played in empty stadiums, the Premier League club said on Friday.
The north London club said the losses for the financial year ended May 30, 2020 -- up from 27.1 million in 2019 - have been a result of a decline in matchday, broadcasting and commercial income.
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