“Arsenal Blow Past Tottenham with Jaw-Dropping £320m+ Revelation – Stefan Borson”
“Arsenal leave Tottenham in the dust after stunning £320m+ revelation – Stefan Borson”
Arsenal’s wage bill has surged as they aim to establish themselves as perennial title contenders in the Premier League.
The North London club narrowly missed out on the championship last season, falling just short against Manchester City.
Despite generating a record-breaking revenue of £616.6 million—a 32.1% increase from the previous year—Arsenal still recorded a £17.7 million loss in the 2023-24 season.
A key factor was their soaring wage bill, which jumped from £234.8 million to £327.8 million.
Finance expert Stefan Borson told Football Insider that Arsenal have pulled ahead of Tottenham following their wage bill increase.
Meanwhile, Deloitte’s 2025 Money League revealed that Spurs’ wage bill dropped from £251 million to £222 million last season.
Arsenal currently hold second place in the Premier League, while Tottenham sit 12th after a disappointing season.
Arsenal Hit with £250m Setback After Latest Revelation
Finance expert Stefan Borson acknowledged that Arsenal’s soaring wage bill highlights the challenge of keeping costs below £250 million when competing in the Champions League.
Speaking to Football Insider, Borson explained:
“The wage bill has risen by over 30%, which isn’t surprising given the team’s progress and their return to the Champions League.
“But it’s certainly something to keep an eye on.
“For the first time in a few years, Arsenal have pulled ahead of Tottenham financially.
“It just goes to show that once you qualify for the Champions League and achieve success on the pitch, keeping the wage bill below £250 million becomes incredibly difficult.”
Arsenal’s revenue has seen significant growth over the past five seasons, reflecting their on-field progress and increased commercial success:
2023-24: £616.6m
2022-23: £466.7m
2021-22: £369.1m
2020-21: £327.6m
2019-20: £343.5m
The club’s revenue has nearly doubled since 2020-21, driven by Champions League qualification, improved performances, and increased commercial deals.
Arsenal Secure Guaranteed £75m Windfall
Arsenal’s Premier League title hopes took a hit after their 1-0 defeat to West Ham on Saturday (22 February), widening the gap to 11 points behind leaders Liverpool.
However, Mikel Arteta’s side still have a shot at European glory, having secured their place in the Champions League last 16—along with a guaranteed £75m financial boost.
Arsenal Secure £75m Windfall After Champions League Success
Football Insider revealed on 30 January that Arsenal have secured a guaranteed £75 million boost after finishing third in the revamped league phase of the Champions League.
Mikel Arteta’s side will now face PSV in the last 16, with the first leg set for 4 March in Eindhoven as they chase a place in the quarter-finals.