Man United set to lose £140 million, Arsenal could lose £120 million amid Covid crisis

Manchester United COVID-19 loss could amount to £140 million while  Arsenal have been warned to expect losses of over £120 million if football goes on behind closed doors. Manchester United face biggest projected lost income, of £140 million, club that is proportionately most impacted is Arsenal, only a few clubs make as much money as Gunners do on a matchday and w that is totally lost due to matches being held behind closed doors.

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Man United set to lose £140 million due to COVID-19 crisis, Arsenal could lose £120 million

potential dam caused by COVID-19 is very worrying. If supporters are unable to attend matches for entirety of current season, which is t out of question, a huge section of income will be completely lost. According to Arsenal’s most recent accounts for 2018-19, that matchday section of income amounted to almost a quarter of all revenue. Manchester United too are expected to lose a big amount in tickets. However, Man United have more income than London club from commercial revenue streams. 

To combat losses of an entire season behind closed doors, if that happens to be case, club will have to make a significant reduction in costs and which is why Man United or Arsenal haven't made big-money signings in comparison to ir counterparts in Premier League. 

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According to  Arsenal Supporters' Trust, y have delved into figures to estimate potential losses of £120m- £144m if situation does t improve. While Man United find mselves in a similar position. Premier League clubs are pushing for fans to return to stadiums but a second coronavirus wave threatens to slam door.

Arsenal has already made 55 staff members redundant amid pandemic, with bulk of squad agreeing with a w cut. only way ahead for Man United or Arsenal would be via a loan or new capital. If 2020-21 is played fully behind closed doors, re will be matchday revenue and this can cause Man United revenue to drop substantially and same is case with Arsenal. 

Man United transfers: Jadon Sancho transfer latest  

Borussia Dortmund star Jadon Sancho has been Man United's top target all through summer but Borussia Dortmund have played hardball over his fee, and it looks like he’ll be staying put. In or Man United transfers news, Chris Smalling could be on his way to Inter Milan while Ousmane Dembele is being linked with a move to Old Trafford. Man United revenue has been hit and club is playing it carefully and will hope fans accept that. 

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Im: Arsenal Twitter