[MONEY MATTERS] Arsenal may be struggling on the field, but it’s doing well on the bottom line, reporting pre-tax profits of more than $78 million for the firstsix months of the fiscal year. The Gunners have cash reserves of more than $182 million and no short-term debt. The club’s chief executive, former MLS deputy commissioner Ivan Gazidis, insisted that will be enough of a war chest for the summer transfer market if the Gunners fail to return to the Champions League, where they’ve competed for the last 14years.

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