Arsenal chief executive Ivan Gazidis believes the club’s latest set of robust financial results, which include cash reserves of some £191 million, show they are on course to deliver major trophies to the Emirates Stadium.

Although the club’s latest figures show a drop in overall group profit before tax from £18.2m to £2.9m, there has been a significant increase in turnover from football, up to £350.6m from £329.3m over the same period in 2015.

Gazidis said: “We are in a strong position to continue moving forward.

“Our ultimate ambition is clear: to win major trophies and make Arsenal fans at home and around the world proud of this great club.”

Darmian wants to join Inter in January

Wing-back Matteo Darmian is set to leave Manchester United in the January transfer window to join Inter in the Serie A, reports said yesterday.

According to Gazzetta dello Sport, Inter have already agreed terms with the player for a January switch as other Serie A clubs are known to be interested in the former Torino player.

Gazzetta said Darmian is in favour of the move after struggling to find a regular place since Jose Mourinho’s arrival at United.

Soccerex founder Revie passes away

Duncan Revie, the son of former Leeds United and England manager Don Revie, has died aged 62.

The news was announced in a statement yesterday from Soccerex, the football business brand Duncan Revie established in 1995.

Soccerex chairman Tony Martin, who staged the first convention along with Revie in 1996, said: “This has come as a tremendous shock to us all.

“Duncan was revered throughout the global football industry.

“His vision, drive and determination established the Soccerex brand in 1995. It was his passion and commitment which took the conference across the globe.”

Berahino contract

West Brom are ready to reopen contract talks with Saido Berahino. The Baggies are keen on offering the 23-year-old new terms with his deal expiring at the end of the season.

There is a desire from new chairman John Williams to show Berahino how he could star in the new era at The Hawthorns after they were bought by Chinese businessman Guochuan Lai last month.

Talks with Berahino are part of the club’s plans to tie down their players. Boss Tony Pulis would welcome any progress.

“It would be brilliant for Saido,” he said.

“For him to settle down and sign a new contract would be brilliant for everyone concerned at this football club and personally, for him as well.”

Players bet on matches – Redknapp

Former Premier League manager Harry Redknapp said his players bet on the result of one of their matches, according to the newspaper investigation that has seen England coach Sam Allardyce lose his job.

The Daily Telegraph’s undercover reporters filmed Redknapp discussing the game although the 69-year-old later told the paper he did not think it was against FA rules at the time.

However, FA rules ban players from betting on matches they are involved in and managers are expected to report any misconduct.

The Telegraph said lawyers for Redknapp said he was not aware of players betting on the match at the time. The newspaper did not say which club was involved.

Rangnick’s FA talks

Leipzig’s director of sport Ralf Rangnick has confirmed he did hold talks about becoming England manager in the summer.

Rangnick has emerged as one of the favourites to succeed Sam Allardyce. There had been speculation he had already been approached by the FA, but the 58-year-old said he had not had any contact since July.

“A few days after the Euro 2016 final, I got a call,” he said.

“It was from Dan Ashworth, the FA’s technical director. He invited me for talks. It was about me becoming the new England manager. Since then, there has not been any more contact.”

PLeague defends image rights deal

The Premier League has insisted tax arrangements star players have in place regarding their image rights are “legitimate” after reports suggested a “secret deal” had been struck.

The Daily Mail alleges HM Revenue & Customs negotiated an agreement with Premier League clubs so that they could pay up to a fifth of their footballers’ wages to image rights companies.

The deal allows footballers to reduce their income tax bills and clubs to decrease their National Insurance contributions.

The Premier League defended players’ tax contributions.

A statement read: “The tax paid by Premier League players is both substantial and transparent. The latest available figures from the 2014-15 season show that £891 million was paid directly by players.”