Arsenal’s improved performance on the pitch over the last two seasons has given the club significant “financial impetus,” helping them climb to seventh in Deloitte’s Football Money League table.
According to the annual report, the Gunners generated €717 million in revenue during the 23/24 campaign, a 35% increase compared to last year. Among the other clubs in the top 10, only Real Madrid, boosted by the full reopening of a renovated Santiago Bernabeu, achieved double-digit growth.
Consecutive title challenges and a return to the Champions League — which included a quarter-final run — drove impressive growth across all three main revenue streams: matchday, broadcasting, and commercial.
Key Takeaways
- Arsenal’s matchday revenue was the highest of all Premier League clubs. Only PSG and Real Madrid made more, although the Spanish side earned €95 million more.
- Arsenal’s commercial revenue (€258m) remains the weakest of the Premier League club’s in the top 10. For comparison – City (€407m), Liverpool (€343m), Man Utd (€360m), Sp*rs (€297m), Chelsea (€262m)
- Only Manchester City (€343m) and Real Madrid (€316m) earned more from broadcasters than Arsenal (€305m).
- While the percentage of income spent on wages increased year-on-year (53% compared to 51%), it remains far more manageable than four years ago, when it spiked at approximately 75%.
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Arsenal will also be pleased with its growth in the women’s game despite mixed fortunes during Jonas Eidevall’s final season in charge. Total revenue soared to €17.9 million, a 237.7% increase from last year’s €5.3m. Only Barcelona Women are ahead of the Gunners in the standings.
Overall, the figures make for positive reading for owners Stan and Josh Kroenke. However, with the report released just 10 days before the January transfer window closes, it’s likely to fuel calls for further investment in reinforcing Mikel Arteta’s squad.
Europe’s top 20 earners
Great timing for this to come out! Let’s hope we put it to good use, if not now, in the summer (but hopefully now, pleaaaaase Stan).
Looking good financially, and third in the world as a team, based on recent ratings.
Was a good solid performance last night so things are on the up. Let’s keep going!
35% increase after crossing half a billion just last year is truly impressive. Seems both the front of office and Arsenal back office are doing a good job currently.
Can see us cracking top 5 soon once we grow our commercial side of things even better.
Money, it’s a crime
Share it fairly, but don’t take a slice of my pie
Money, so they say
Is the root of all evil today
Who would downvote Pink Floyd?!
Spuds….
probably
Roger Waters probably
🤣
Syd Barrett?
Us (Us….us….us….us…us…us)
And them (Them…them…them…them….them….)
And after all, we’re only ordinary men…..
Money, it’s a gas
Let’s get healthy and kick Poooool’s ass.
We got a, very high revenue, but not high-er than ManU,
We need a striker or 2
..or 2… or 2
But if you ask for a rise
It’s no surprise
They’re giving none away
Show me the money 💰
I think its worth taking into account that both PSG and City still have highly suspect sponsorship deals. But there is obvious room for improvement still too. Looking good overall.
Exactly. I don’t really see the point of this list when the whole fucking world knows how City and PSG make their money.
Sorry – what’s commercial revenue, exactly? Kit? Hats? Or am i completely missing the mark? Thanks.
Everything that isn’t TV contracts and tickets sold
Does it include the piss awful lager and gut churning burgers they sell at the concessions inside the ground?
Well that would still come under match day revenue (although probably a relatively small percentage of it)
I am surprised that we are the Premier League leaders in match-day income. (I thought the Tiny Totts make more from their shopping mall stadium including an in-house brewery and Fromagerie.) Is this mostly because of our UCL run?
Basically, ticket prices are too high.
We should be offsetting improved commercial revenue against ticket prices. Lower them, make it easier for all to get into the stadium!
They weren’t in Europe whatsoever last season, whereas we were in the Champions League. Plus I imagine the food/drink drink sales make up quite a small percentage compared to the ticket sales. But yeah, I imagine that the corporate stuff for a Champions League game requires pretty serious cash.
The fact our commercial revenues continues to lag significantly should mean serious consideration should be given the individuals responsible
Change doesn’t come overnight. Went from 195 to 258 year on year so heading in the right direction!
It all depends when the contracts were signed. We were in a relative on field slump in recent years so it’s unsurprising that the commercial contracts would be comparatively lower, despite the general trend upwards. That also means that whatever big club most recently negotiated their deals tends to be at the top for commercial revenue.
It’s happened again…
This is great news.
But……..
Yay we have overtaken the plastics, bindippers and spuds
Holy crap. This is very good news.
Leeds?