The banks will have to ask whether these losses were directly caused by their rule breaches and whether such losses were foreseeable at the time.

BBC: UK banks

Posting higher margins on its home turf becomes all the more important since Europe will continue to post losses for the foreseeable future.

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It expects to continue to incur losses for the foreseeable future.

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Arsenal is a club content to invest levels of money that enable it to compete for third or fourth and continual Champions League qualification until either Financial Fair Play rules reign in the spending at Chelsea and Manchester City, or Arsenal finds an owner willing to heavily invest in the club and allow for substantial annual losses for the foreseeable future.

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