By Kieran Maguire

18th Jun, 2021 | 8:00pm

Kieran Maguire shares worrying Arsenal financial verdict amid £96m reveal

Arsenal will be unable to significantly boost their £96million matchday income until there is a dramatic change in their results on the pitch.

That is according to finance guru and Football Insider columnist Kieran Maguire, speaking exclusively after Arsenal launched their Membership renewals programme on 14th June.

The Membership scheme allows fans priority access to tickets and that could be significant given that the 2021-22 season is likely to begin with reduced capacity admittance to stadia.

Arsenal have frozen season ticket prices for the seventh successive season despite finishing 8th in the Premier League in 2020-21.

It is the second campaign in a row that the club has finished in 8th place but the first time in 25 years that the Gunners have failed to qualify for Europe.

Maguire claims we are unlikely to see Arsenal’s pricing structure change unless there is a turnaround in the club’s sporting fortunes.

Subscribe to Football Insider TV now

He told Football Insider correspondent Adam Williams: “If you are going to put up prices and in turn raise your matchday income, there has got to be a justification for that.

“Given, not just the ESL, but the entire season that Arsenal had, which was one of, shall we say, modest performances, how can you ask more from fans who are already paying the highest prices in the country?

“In the pre-Covid era, they were still earning £96million from matchday income in a 60,000-seater stadium.

“You can’t ask for premium prices and then add another two or three per cent on top of that if the quality of the product isn’t going up.”

In other news, Arsenal backed “1000 per cent” to sign defender who would be their “best player.”