I have been reading about our financial situation at the end of the 23/24 season and came across these figures.
We, as a club, earnt £253.7 million from the CL and PL.
Of that sum, £174.7 million was for finishing in second place in the PL and only £200,000 less than Man City, who we know finished first.
The club had the highest number of TV viewers and earnt the largest amount of money from TV rights during the season.
Reaching the quarter finals of the CL saw a revenue figure of £79 million.
We now have our largest amount of sponsors, totalling 25 at the end of the season, both large and small, who are signed up for the future.
Put all the above monetary figures together, along with any sales made from players being moved on and we can see just what a powerful position the club is in.
Surely, at long last, the days are gone where clubs like Chelsea, United, Liverpool and City can outmuscle us in the transfer market and, along with only interest to be paid regarding the Emirates stadium, we can go out and buy whoever MA wants?
It’s just a reminder of how important the top four CL spots are, where finances are involved and why clubs target these coveted places at the start of every season…… except, of course, if you support that team from Middlesex, who’s prime objective each season is to ensure the real North London club don’t win the PL, regardless of what it costs them in lost revenue!!
ken1945
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really positive stuff, applauded
Arsenal’s best years on the pitch coincided with when we were best run off it – feels like we are back to our best in both regards
you have to hand it Man C too as a very well run club, and has translated on to the pitch
it took some time mind you, but once they got there secured a dynasty type era of success – it feels like Arsenal is on the cusp of the same with the financial fire-power of well run club to take us that next step
That ‘very well run club’ will have a few questions to answer too come this autumn.
oh yes, or may be the autumn after with the authorities kicking the can down the road
and much of it relates to 10 years ago, not suggesting they should not be held to account, but very distant to current situation
and undeniably the football side of the club has been run very well indeed, especially in this period of success, the creative accountants aside, and that is my point that to optimise performance on the pitch then often comes by optimising performance off the pitch, and feels like that is the place we are getting to too
…to answer to…
Jax, and it’s not the first time in their history that they’ve been in this sort of trouble. In the early part of the last century, they had players, their manager and directors banned by the FA 😲
With more cases against them than the highest number of points achievable in an EPL season, I wouldn’t consider them a ‘very well-run club.
my point is what Man C do on the pitch today and off the pitch today is exceptional, and Arsenal success also key to be exceptional off the pitch too, which it appears we are making similar huge strides forward in the last 2 season like we hvae on the pitch, i.e. comparing our financial situation to 2 years ago we are doing massively better
arguably you could look at it that their creative accountants were finding the ‘marginal gains’ on the edge, e.g. like our Ben White corner routines – most of their charges seem to be for not being forth coming with answers in the enquiry, unfortunately it may be that findings are Man C clever people exploited loop holes that have since been closed, so the dishonesty comes to not answering questions which likely/unfortunately comes with a different set of sanctions, the authorities do not have inclination or balls to dock points and take away titles, that is just too hard, they will take the soft option including current tactic of deferring for as long as possible so the authorities as much as anyone else don’t have to face in to it
all that aside, Arsenal have performance on the pitch and off the pitch have massively improved and look set to continue to improve in tandem for the foreseeable future = fantastic news
They are innocent until proven guilty; that’s what the lawyers will say 😂
It’s. not a court of law where innocent/guilty apply, but an inquiry by an independent commission. There will be a top council (possibly a KC) on the three-person panel and obviously City will have lawyers to state their case.
The fact that they hold people in remand and withhold/enforce bail proves that there is no such thing as innocent until proven guilty
I think that applies only if the police believe the subject is likely to disappear or is a threat to the public Break On Through.
Break on through, remand is on the orders of a judge/magistrate, not the police.
It’s much easier to keep a pan on simmer once it is boiled. City boiled the pan with Financial irregularities years ago which have allowed them to look like they are ticking along nicely now. Without the past, they wouldn’t be having the present success. I’m glad to be supporting a team that has had painful times and are now coming out of them without having to hide behind expensive lawyers.
What a sensible opinion Keith, if you don’t mind me saying?
It’s always a good feeling being able to hold the moral high ground and that’s what The Arsenal, in the modern PL era, has been able to do.
That’s an astounding news Ken.
It’s good to see the revenue broken down as well, with regards PL and CL revenue.
That’s why I always wanted the CL spot as a priority, even before any domestic cups.
We certainly suffered once AW, UE and MA missed out on the “Holy Grail” but these last two seasons have been a shot in the arm for the club.
I seem to remember that, when the Middlesex mob got to the CL final, it was estimated that they made around £100 million, which makes sense after seeing our figures for the same competition.
Ken, it’s going to be comical if the Middlesex Mugs fans complain that their club can’t sign the players they want due to not being in the CL, considering how they didn’t want to get a result against the CXV club.
The nievity of their fans is unbelievable HD – how they must be squirming after knowing that they could have overtaken villa, if only they had got behind their own players 😂
What a joke of a club they really are!!
The Middlesex Mugs are more interested in stopping us than they are about their own team winning.
Think of some of the things that have happened since they last won the League.
The Berlin Wall was built and then demolished.
The first James Bond movie is released.
Colour TV.
Kuwait becomes an independent country.
I dare say there are many more things that have happened, but those that I have mentioned are just off the top of my head.
As you say, a joke club 😂
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Brilliant list!
Amazing that we earned an extra £2.5m compared to the previous season due to TV money.
The money from the PL, CL and the sponsors should help the club in their attempts to sign the players they want.
Sign Gyokeres and 2 “world class midfielders and a left back to have excellent squad depth.
Promote youngsters from the academy to the men’s team. There are at least 4 who can join: Nwaneri, Omari D, Chido and Skelly
The four academy lads don’t need to be added to the 25 man squad. Only when they reach the age of 21 they need to be added.
Another good update Ken. Always looking forward to your post Ken it always seems to hold content but not as often as I would have liked. I still reread your post that covers wenger anniversary such a great piece that I have to archive. A recognition of a great manager that his love and loyalty for the club cost him a “would have been career” decorated with trophies and almost cost him his deserved respect amongst our fan base.
Yours and the always critical post from Dan always make a good read together with insightful comments from fans like onyango. I wonder why he didn’t write articles though he seems to have the knowledge.
Many thanks chronicle.
I’m convinced that I’ll be writing a recognition of another great manager in Mikel Arteta… as long as he doesn’t stay for twenty years – I’ll be nearly 100 by then!! 😂
Yes, Onyango has the knack of getting his opinions well explained that’s for sure and without having a go at fellow Gooners.