Arsenal finances and accounts
Arsenal turned over £691m in 2024/25 and paid £347m in staff costs, which is 50.2% of everything the club earned.
Revenue by season
What Arsenal turned over in each year we hold accounts for.
Every measure, season by season
Costs are shown as the amount paid. A dash is a measure Arsenal does not report on its own.
Staff costs and player amortisation sit inside total operating costs rather than on top of them.
| MEASURE | 2024/25 | 2023/24 | 2022/23 | 2020/21 | 2019/20 | 2018/19 | 2017/18 | 2016/17 | 2015/16 | 2014/15 | 2013/14 | 2012/13 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | £690,998,000£691.0m | £616,580,000£616.6m | £466,685,000£466.7m | £328,222,000£328.2m | £344,527,000£344.5m | £395,559,000£395.6m | £403,269,000£403.3m | £423,957,000£424.0m | £353,539,000£353.5m | £344,524,000£344.5m | £301,872,000£301.9m | £280,374,000£280.4m |
| Staff costs | £346,804,000£346.8m | £327,822,000£327.8m | £234,766,000£234.8m | £244,438,000£244.4m | £234,478,000£234.5m | £234,922,000£234.9m | £240,060,000£240.1m | £199,395,000£199.4m | £195,387,000£195.4m | - | - | - |
| Wages and salaries | £303,171,000£303.2m | £286,960,000£287.0m | £204,648,000£204.6m | £212,416,000£212.4m | £204,700,000£204.7m | £205,210,000£205.2m | £209,165,000£209.2m | £175,730,000£175.7m | £172,244,000£172.2m | - | - | - |
| Social security costs | £41,441,000£41.4m | £38,133,000£38.1m | £28,569,000£28.6m | £28,673,000£28.7m | £27,105,000£27.1m | £27,137,000£27.1m | £26,668,000£26.7m | £21,454,000£21.5m | £20,866,000£20.9m | - | - | - |
| Pension costs | £2,192,000£2.2m | £2,729,000£2.7m | £1,549,000£1.5m | £3,349,000£3.3m | £2,673,000£2.7m | £2,575,000£2.6m | £4,227,000£4.2m | £2,211,000£2.2m | £2,277,000£2.3m | - | - | - |
| Player amortisation | £171,627,000£171.6m | £171,099,000£171.1m | - | £117,413,000£117.4m | £109,114,000£109.1m | £89,678,000£89.7m | £85,812,000£85.8m | £77,126,000£77.1m | £59,257,000£59.3m | - | - | - |
| Total operating costs | £754,206,000£754.2m | £664,974,000£665.0m | - | £426,096,000£426.1m | £443,486,000£443.5m | £428,201,000£428.2m | £445,278,000£445.3m | - | - | - | - | - |
| Profit on player sales | £81,237,000£81.2m | £51,073,000£51.1m | - | £11,770,000£11.8m | - | £12,243,000£12.2m | £120,047,000£120.0m | £6,760,000£6.8m | £2,047,000£2.0m | £28,944,000£28.9m | £6,912,000£6.9m | £46,986,000£47.0m |
| Operating result | -£63,208,000£63.2m | -£48,394,000£48.4m | - | -£97,874,000£97.9m | - | -£32,642,000£32.6m | -£42,009,000£42.0m | £51,986,000£52.0m | £13,189,000£13.2m | £7,713,000£7.7m | £10,054,000£10.1m | -£28,315,000£28.3m |
| Pre-tax result | -£1,348,000£1.3m | -£17,687,000£17.7m | -£52,124,000£52.1m | -£127,204,000£127.2m | -£54,022,000£54.0m | -£32,215,000£32.2m | £70,214,000£70.2m | £44,607,000£44.6m | £2,867,000£2.9m | £18,192,000£18.2m | £5,879,000£5.9m | £5,423,000£5.4m |
| Wages to revenue | 50.2% | 53.2% | 50.3% | 74.5% | 68.1% | 59.4% | 59.5% | 47% | 55.3% | - | - | - |
What the wage bill covers
Staff costs are the whole payroll and not just the first team: players, coaching staff, the academy and everyone working at the ground. Arsenal paid £347m against £691m of revenue, so 50p of every pound went back out as pay.
Premier League revenue
The 15 clubs in the division whose accounts cover the same twelve months. Follow a club for its own finances.
Frequently asked questions
How much revenue do Arsenal make?
Arsenal turned over £691m in 2024/25.
What is the Arsenal wage bill?
Arsenal paid £347m in staff costs in 2024/25, which is 50.2% of revenue.
Do Arsenal make a profit?
Arsenal made a pre-tax loss of £1.3m in 2024/25.
The accounts behind these figures
Company number 04250459. Every set of accounts read for this page.
- 2024/25 accounts
- 2023/24 accounts
- 2022/23 accounts
- 2021/22 accounts
- 2020/21 accounts
- 2019/20 accounts
- 2018/19 accounts
- 2017/18 accounts
- 2016/17 accounts
Contains public sector information licensed under the Open Government Licence v3.0.