"If you look at the period from 2014 to 2024, Arsenal's wage bill doubled. However, that has very much been driven over the last two years. It was £212m in 2022 and, now, £346m. The important thing is that they have wage under control relative to revenue. They are well within the FIFA's suggested limits, so they have got the capacity to spend more."
"The correlation between wages and success on the pitch is much, much clearer than net spend, regardless of what Pep Guardiola suggests. And Stan Kroenke has underwritten significant financial losses in recent seasons in order to ramp up the wage bill and turn Arsenal into a superpower once again."
Arsenal filed annual accounts revealing a club-record £346m wage expenditure in 2024-25, with further increases expected this season. Owner Stan Kroenke has absorbed significant financial losses to elevate the wage bill and transform Arsenal into a competitive force. Approximately 75% of the club's total payroll goes to player wages, with Bukayo Saka earning £300,000 weekly as the highest-paid player. Arsenal's wage bill doubled from 2014 to 2024, with most growth occurring in the last two years, rising from £212m in 2022. The club operates within FIFA's recommended wages-to-revenue limits and UEFA's 70% spending cap on transfers and wages relative to turnover. Arsenal approached this ratio closely in 2025 under calendar year assessment.
#arsenal-finances #wage-bill-spending #financial-regulations #player-contracts #competitive-investment
Read at Arsenal Insider
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