Arsenal Reports £17.7M Loss Despite Record Revenues in 2023-24

The club's wage bill surged by 40% due to player investments and Champions League bonuses, offsetting significant revenue growth.

Arsenal's revenue reached a record £616.6 million in 2023-24, driven by their return to the Champions League and strong Premier League performance.
The club's wage bill increased from £234.8 million to £327.8 million, reflecting new player signings and bonuses tied to Champions League qualification.
Major signings included Declan Rice for up to £105 million and Kai Havertz for £67.5 million, while notable sales included Folarin Balogun and Granit Xhaka.
Despite the financial loss, Arsenal remains compliant with UEFA and Premier League financial sustainability regulations.
Owner Stan Kroenke increased his loan to the club by £80 million, bringing total shareholder loans to £324 million.