So just how important is money in the game of football? does it really guarantee success and in todays game can you really buy the league? I am not so sure, or at the very least I have doubts. There is a story in todays papers about the new “rich-list”, and the headline is around the fact that we at The Arsenal now generate the most money on a match day of any club in the world. And of course, this on a day where we are also top of the league, but have we really bought that position. If we do win it this year, could people really say we bought the league, I don’t think so, honestly I don’t think so.
When you look at the stats for the english teams, chelsea are number 4 in england, and they currently are 14th, manure are the richest and they are 5th in the league, and Leicester, currently 2nd in the league are not even in the top 15 of the rich list. And therein lies the magic of football. Yes money helps, because we have more of it that a few years back, we don’t have to sell our best any more. And yes in the last couple of years we have twice broken records for our most expensive purchase. However at the same time, our most recent buy was a £5m player.
Arsenal are generating more money on match-days than any club in the world — and have overtaken Chelsea as the top financial power in London for the first time in six years, according to figures released by Deloitte. But to be honest, with the prices charged this should not be a surprise.
The extra revenue brought in by the 61,000-seater Emirates Stadium, opened in 2006, is enabling the club to lead Europe’s biggest clubs in money generated for each home game.
The Arsenal made £101.84million last year, narrowly ahead of Real Madrid, who made £100.12m from games at the Bernabeu, and Barcelona, with a total of £90.17m made from the Nou Camp.
The £30m extra Arsenal made on Chelsea has seen them leap ahead of their rivals in Deloitte’s Football Money League for the first time since 2010.
Dan Jones, a partner at Deloitte, said: ‘Chelsea won the Premier League in 2014/15 but off-pitch have been usurped by Arsenal as the top London club in the Money League for the first time since 2009/10, swapping places between seventh and eighth position.
‘Arsenal benefitted from the first year of its new kit sponsorship deal with Puma to drive impressive commercial revenue growth of 34 per cent, and its match-day revenue was the highest of any club in the Money League, and nearly £30m greater than Chelsea’s.’
If I have one question from all this, it is this. Why is the rest of our commercial results so poor? If it is that we are now the club that makes the most money on a match day and have one of the biggest club sponsorship deals in the world, then why are we only the 3rd richest club in England? Why are we not in the top 5 for TV revenue? or the top 5 for commercial revenues?