Arsenal has dropped on the list of the world’s richest football clubs. The Gunners are now ranked 11th, down 2 spots from the 2019 list.
Barcelona has overtaken Real Madrid to become the world’s richest football club.
Manchester United remains England’s highest placed team on the list, while Tottenham Hotspur is now the richest club from London.
The Arsenal drop has largely been a result of not playing in the Champions League for a third consecutive season. The lack of Champions League football not only impacts TV rights compensation, but the team’s commercial enterprises as well.
David Raya has been voted Arsenal’s Player of the Month for May by the readers of Arsenal.com.
Max Dowman has been nominated for the PFA’s Young Player of the Year Award.
Jurrien Timber has withdrawn from the Netherland’s World Cup squad to recover from his nagging groin injuries.
Team Talk is reporting Arsenal is expected to finish the permanent transfer of Piero Hincapie from Bayer Leverkusen. 
