Here, with the help of football finance expert Kieran Maguire, Standard Sport takes a look at what Arsenal’s financial results mean ahead of the summer transfer window….
They were in danger of it becoming a top four plus two - and Arsenal and Spurs would be the plus two.
Kieran Maguire: We have got a rather smug saying in the world of finance - revenue is vanity and profit is sanity.
KM: I think these results restore Arsenal to the top table.
The broadcast money for being in the Champions League has shot up as well and they have managed to get bonuses come in from sponsors.