Arsenal are expected to repay the loan they took out from the government in full this month while Tottenham have opted to roll their repayments over for a year.

BATH, ENGLAND - APRIL 04: In this photo illustration the new £1 pound coin is seen on April 4, 2017 in Bath, England. Currency experts have warned that as the uncertainty surrounding Brexit continues, the value of the British pound, which has remained depressed against the US dollar and the euro since the UK voted to leave in the EU referendum, is likely to fluctuate. (Photo by Matt Cardy/Getty Images)
BATH, ENGLAND – APRIL 04: In this photo illustration the new £1 pound coin is seen on April 4, 2017 in Bath, England. Currency experts have warned that as the uncertainty surrounding Brexit continues, the value of the British pound, which has remained depressed against the US dollar and the euro since the UK voted to leave in the EU referendum, is likely to fluctuate. (Photo by Matt Cardy/Getty Images)

Arsenal borrowed £120m from taxpayers while they splashed tens of millions on players, made 55 staff redundant and got rid of Gunnersaurus, albeit temporarily.

Tottenham, meanwhile, borrowed £175m.

The owner of Arsenal, Stan Kroenke, is worth £6billlion while Tottenham’s owner, Joe Lewis, is worth an estimated £3.6billion yet both felt the need to have their clubs ask for assistance under the government’s Covid Corporate Financing Facility while many self-employed business owners struggled to get anything at all.

Despite reporting losses of £47.8m in March and a looming deficit due to a lack of European football because they’re rubbish, Arsenal are expected to repay their loan in full this month, with interest paid at a rate of 0.05%. Tottenham, however, will not repay theirs for another year, rolling over their repayment.

Rather handily, Spurs agreed the extension shortly before announcing they would be joining the European Super League.

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Writer. Feminist. Dreamer. Gooner. Owner of DailyCannon.com, writing about Arsenal since 2008. Sometimes found in the Guardian, Vice.com & elsewhere talking queer issues, politics & football. If in doubt, assume sarcasm.