Arsenal recently released their financial results for the 2022-2023 season, and the numbers are really blinding: the club's income is as high as 4£6.7 billion, an increase of 25%! That's a record number, but when you compare it to Manchester City, Manchester United and Liverpool, our Gunners are still a bit off.
Wage expenses also went up, to 2£3.5 billion, an increase of 11%. Seeing this, I can't help but ask, where is all this money spent? The players' wages average $11 per week£20,000, which is enviable, but as a fan, what is more concerned is whether that investment really translates into a win on the pitch?
Player buying and selling is also a big head, ** spent 25.1 billion, only 21 million sold. It's a bit of a distressing figure, after all, every fan wants to see a return on their investment in the club, not only financially, but more importantly in terms of results.
Arsenal's income** is also quite diverse, with good growth in matchday, commercial and broadcast revenues. In particular, after qualifying for Europe, matchday earnings have recovered to more than £100 million, which is good news, but it also reflects that it is a real challenge for us ordinary fans.
Compared with other big6 clubs, Arsenal still has a gap in commercial income. However, it is still exciting to see the club grow in all aspects. It's just to hope that the increase in those numbers translates into wins on the pitch, after all, for us fans, the performance on the pitch is the most direct source of happiness.
Looking at these numbers, I was both proud and a little anxious. Proud that Arsenal are indeed improving, the anxiety is whether these improvements are fast enough to catch up and even surpass their rivals in the coming seasons. I love the Gunners, and I hope you will bring us more surprises and pride, not only on the financial statements, but also on the green field.