Manchester City are in a bit of bother once again with UEFA and there is talk that they could be banned from the Champions League and Arsenal would get their spot, but is there any truth to that?

Liverpool are expected to become the first club to post a profit over £100m as Arsenal, once ridiculed for keeping all their cash in the bank, are behind United and City in seventh in terms of revenue.

It’s been quiet out there in Arsenal land all week, so here is a quick round-up of some wider football stories you might have missed but which caught my eye.

Real Madrid are on the verge of agreeing a 10-year, €110m-a-year deal with Adidas that dwarfs the £65m-a-year deal Arsenal recently agreed with the German sportswear manufacturers.

Government minister Ben Wallace said that at least one club is under investigation for money laundering.

Almost 200 footballers in the Premier League and Football League and 29 agents are under investigation by HMRC as they expand their investigation into football’s use of image rights loopholes and tax-avoidance schemes.

Stan Kroenke, Arsenal’s sole owner, is the 58th wealthiest American according to a recent special edition of Forbes magazine.

Former Barcelona president, Sandro Rosell, will stand trial in February for money laundering according to an AFP report that cites Spanish judicial sources.

The Bank of England have confirmed that they will be keeping the £50 note as part of the British currency and they will be reissuing it as a ‘new modern polymer note’.

The transfer window opens in hours, so we thought we'd take a look at how much the Gunners should have available to spend in January.

Arsenal majority shareholder, Stan Kroenke, reportedly won't be injecting any money into the club despite being 'hungrier than ever' for success.

The media has been reporting to fans that Arsenal didn't have any money for signings on deadline day, but is this true?

David Ornstein claims that Arsenal can't afford to bring in any major new signings, with Oxlade-Chamberlain departing for a club record fee.

Arsene Wenger will have a transfer kitty of £100 million should he stay on as Arsenal manager according to reports in today's press.