(CNN) -- The chief executive of English Premier League club Arsenal has urged the team's supporters to get behind under-fire coach Arsene Wenger. Ivan Gazidis told the north London team's fans that Wenger was the best man for the job on the day that Arsenal announced pre-tax profits of $78 million for the six months until the end of November. The club's healthy financial situation off the field is diluted by a precarious one on it, because despite Sunday's 5-2 thrashing of local rivals Tottenham, the Gunners are in a battle to finish fourth and claim England's final, lucrative European Champions League spot.
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Arsenal's chief exec tells club's fans to back manager Arsene Wenger
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Arsenal battling to finish fourth and qualify for the European Champions League
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Club post six-month profits of $78m to reflect healthy financial position
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English FA charges three players with making alleged homophobic statements
Ivan Gazidis
"We hear the noise, we understand the concern of the fans, we know that there are issues, we know we're not where we want to be," @placeholder told Arsenal's official website on Monday.
English FA
An @placeholder statement read: "The charge is that the players acted in a way which was improper and/or brought the game into disrepute.