How can Arsenal afford to spend £200 million?

Try The Athletic for FREE for 30 days: theathletic.co...
📗 Tifo's new book, "How to Watch Football" is now available internationally: linktr.ee/tifo...
Arsenal came so close to winning the Premier League in 2022/23. They came so close thanks to some big money transfers. They have followed that up by spending big again heading into the 2023/24 season. They have Champions League money to look forward to, and a bigger share of TV revenue.
But can they justify their spending?
Phil Buckingham explains. Marco Bevilacqua illustrates.
Follow Tifo Football:
Twitter: / tifofootball_
Facebook: / tifofootball
Instagram: / tifofootball_
Listen to the Tifo Football podcast:
The Athletic UK: bit.ly/TifoPodC...
Apple Podcasts: bit.ly/TifoFootPod
Spotify: open.spotify.c...
Watch more Tifo Football: Tactics Explained: • Tactics Explained | Ti...
Finances & Laws: • Finances & Laws | Tifo...
Tifo Football Podcast: • Tifo Football Podcast
Most Recent Videos: • Most Recent Videos | T...
1 Popular Videos: • Popular Videos | Tifo ...
About Tifo Football:
Tifo loves football. We create In-depth tactical, historical and geopolitical breakdowns of the beautiful game.
We know there’s an appetite for thoughtful, intelligent content. For stuff that makes the complicated simple.
We provide analysis on the Premier League, Champions League, La Liga, Serie A, Bundesliga, World Cup and more.
Our podcasts interview some of the game’s leading figures. And our editorial covers football with depth and insight.
Founded in 2017 and became a part of The Athletic in 2020. For business inquiries, reach out to [e-mail].
Music sourced from epidemicsound.com
Additional footage sourced from freestockfootagearchive.com
#Arsenal #AFC #Transfers

[@leobestbote4244]

This is why we love Tifo, I was having so much difficulty understanding how Arsenal are able to spend this much and Tifo is like I got you partner

[@Asshat237]

One of the key things has been, as was mentioned here, they have kept their payroll way lower (over 100 million below chelsea, Utd, & City) than the other richest clubs in the prem. Another bonus to their shift in 2020 to buying players mostly 23 amd under.

[@MrReese]

Honestly, that is quite an easy question to answer. They are in the EPL, which means they instantly have 100 mil to spend each year. And now they finished 2nd which means they get a load of money from participating in the Champions League as well. That together with the fact that Arsenal are one of the 6 biggest clubs in England means they don't have a lot of issues spending that kind of money right now.

[@leobestbote4244]

@@MrReese it's not that simple mate

[@MrReese]

@@leobestbote4244 Actually literally is, as you have seen in the video as well. The only thing I did not mention that the video did was that they have a lot smaller wage bill than the other big teams, which makes sense with several big earners like Özil, Auba and Laca being gone by now.

[@kunimitsune177]

@MrReese **PL* If you can't get the name of the league right you don't get an opinion. I don't think you know anything about football finances.

[@jpjordan90]

Why do I get the feeling that, once again, Wenger is the man Arsenal have to thank for all this. He had a vision, even if many fans could not see it.

[@wills.1978]

statue incoming...finally

[@Monkey.D.Shinchan]

​@@wills.1978if it happen, i wish the pose would be "That" pose

[@marknoble7005]

@@Monkey.D.Shinchan when sent to the stands?

[@ohgin12345]

And arsenal are undoing all the good work that arsene has done

[@athuldas4959]

Arsene Wenger, he's done it again....

[@Nyte-Owl]

I can't tell you how good it feels to hear, see and feel my club is healthy. 30 years being a Gooner, the last 10 years have been so difficult, but this brings joy to my heart and a tear to my eye.

[@richierichie1332]

as a spurs fan, it sucks to see arsenal doing so well but it's genuinely deserved. you played brilliant football last season and challenged man city for the prem which was something noone expected. but obviously you've got fans that ruin it for you. a lot of football fans were genuinely excited for arsenal (apart from chelsea and spurs) but then you lot had to be arrogant and obnoxious.

[@Flash4ML]

@@richierichie1332 I have a simple solution that works wonders. That age bracket of supporters, little twerps who turn everything into a fight, *just ignore them.* If you don't want the banter, find people who also find it annoying and talk with them instead. Don't engage with something that irritates you if you can help it, you're just dragging down your own experience

[@M4NA5]

@@richierichie1332 those kind of fans exist for every PL club, even small clubs like Spurs and West Ham. Sorry.

[@ohgin12345]

I dunno what kind of fan you are if after all the sacrifices that arsenal has done, you still dun see why Arsenal should be healthy in terms of finance right now. But with the kind of mismanagement, it's going down pretty soon

[@richierichie1332]

@@M4NA5 hilarious.

[@davidparry5110]

Believe you me I rewatch tifo videos sometimes cos it feels like therapy. Top tier Animation, silky voice and narration,quality content, you name it. Really happy I came across this channel

[@celtic69]

Same, I just wish they did more long form content in this same style. Some of the subjects they cover have so much more info that is briefly covered, but it seems this is their niche and they’re happy sticking with what works.

[@shadycarry]

​@@celtic69hopefully with their revamped podcast we will get some individual topic deep dives!

[@celtic69]

@@shadycarry I just want more of my big beautiful boy Joe Devine, in any form

[@elijahkibet5092]

The voice man it's top notch

[@failuretolaunch4571]

i don't know how much it is true, but apparently the wages are not very high for the newer player. If that is true, then it might be good business

[@MusellumAlzo3bi]

I DON’T KNOW

[@finnbootes1862]

elite comment

[@princesssolace4337]

Did u know how much the cheapest season ticket cost? U shud also see how much the cheapest home game ticket cost, see also the cheapest ticket for kids.

[@CriticismRBLX]

idk either man

[@antoniobanderas7810]

I read this with the voice of Homer Simpson in my head from that one episode where they made fun of soccer!!!😂🤣

[@Deathhead68]

​@@princesssolace4337the amount that arsenal make from ticket sales probably barely covers Rice's fee alone tbh

[@mctrials23]

Arsenal have done a great job over the past couple of years but the next few will be vital. They are now mixing with the top teams again and are starting to pay top wages to many of their players. They still have some expensive contracts to renew over the next few years to avoid losing players like Odegaard. Good to have Arseanl back at the top table though especially with the brand of football they are playing.

[@ismaeljrp1]

every year is vital. Past and present, and future. Kinda senseless to specifically say next few years are vital. Even if they mess it up, it's not like they'll cease to exist. Just a downcycle to bounce back from again. The sport will always be here and so will Arsenal.

[@HumanBeingsRThinkingBeings]

Ars,Utd break Transfer Records - Cooking City win it all - Cheating?😂

[@peeper2070]

City have shown that you can get away with 115 breaches so if we limit it to 114 I think we will be safe.

[@CatFuntCanton]

The difference is City are a big club who win 3 trophies in a season and Arsenal are a small club who've won nothing in 3

[@left4deadR]

Fartenal football club pathetic club and pathetic fans

[@imconfused1237]

@@CatFuntCantonNah mate. Let’s have it right. City are no “big club”. Rich owners yes. But a big club? Not even close to being one.

[@Victor_386]

​@@imconfused1237just won a treble while arsenal fumbled the PL trophy in what was probably the most pathetic bottlejob of all time

[@clutchgaming9764]

​@@Victor_386no ball knowledge 😂 dormund ones worst 😂 and arsenal ones not bad if u think about it and how it happened so relax hater

[@dipeshgrg985]

Shows that a successful and competitive football club goes beyond 17 players on the team . You need to have a good overall department .

[@keepmovn8039]

Arsene saved arsenal many times and the result shows even until now. The man has long vision forward. He planted the seed, arteta held the same believe and continue the work with his own style. All the whining in arsene era are like spoiled kids, not knowing the real problems. But the parent is planning for a better gift. The trophy drought are tough times, but were never in crisis.

[@ohgin12345]

Oh please. Look at how much Arteta spent. You are not very intelligent are you?

[@ohgin12345]

Oh btw. You are one of those that demanded arsene out right?

[@keepmovn8039]

@@ohgin12345 if you use your common sense then you would know where i stand after what i said.

[@2chin4u]

Sorry to say but Wenger definitely did not plan this Arsenal team. That's an absolutely ludicrous idea.

[@David.Marquez]

Gotta do one for pretty much every large football club at this rate with the numbers being thrown out there. Great vid.

[@DigitalNomadOnFIRE]

Arsenal also make a fortune on match days, with the some of the highest ticket prices in the world.

[@DududududuSALIBA]

Shhh some of these people are armchairnfans. Let them watch from home 😅

[@LettucePlate]

Tldr. Players like Saka, Martinelli, Nelson, Nketiah were on like < 75k per week or something. Compare that with United and Chelsea spending 300k+ on mediocre players

[@abaddon6579]

Arsenal was 6th on wages spend last year, barely ahead of Villa and far behind City,Utd,Chelsea and even Liverpool, however the new signings and renewed contracts will probably catapult them to 4th, just ahead of Liverpool.

[@omother6950]

@@abaddon6579arsenal will offload a few players though so we won’t be a wage giant, unlike united,city and Chelsea

[@abaddon6579]

@omother6950 yeah true, xhaka and partey are the only 2 on big wages though, if partey leaves that is. Edit: I guess Cedric too.

[@omother6950]

@@abaddon6579 nketiah, holding, Cedric, maybe balogun arteta can offload a good 4 players before season starts

[@abaddon6579]

@omother6950 Balogun isn't on high wages. Eddie is on 100k though, but I don't see Eddie leaving.

[@extricos]

Forgot to mention Arsenal have signed a £12 Million pound deal with Amazon for the "All or Nothing" documentary which was due for payment in May 2023 and a new commercial deal with "Prime" energy drink which is valued at £15 Million to the club over the course of the next 3 years. They're financially stable so it makes sense for them to be able to pull of huge transfer fees which in essence are actually paid in installments and not in 1 go. Also Vinai and Josh recently explained in a video that their interests payments on outstanding loans has been at the lowest levels since 2001 that adds another factor. Not an Arsenal fan or a football fan for that matter but just providing scope as a FO crunching numbers on a regular basis in my day job.

[@ohgin12345]

12 + 15 is 27 and you are a fool if you spend all that you have.

[@extricos]

@@ohgin12345 ?? What? Speak coherently. Form sentences like an adult.

[@ohgin12345]

@@extricos See. You are not that smart if I have to spell everything for you. Now go get a brain transplant

[@derkaiser420]

Say what you want about Stan Kroenke he knows how to handle massive sums of money. Also, his wife is a Walton (family who owns Wal-Mart) so he doesn't have to worry. Also, we have to thank Wenger for his financial genius. Arsenal did struggle for a while but they bought the Emirates Stadium outright and own no debt on it. Their Stadium is pure profit and with the run last season, fans will sell out every match this season from the FA Cup to the CL so Arsenal will be fine. I can't wait for this season and see how they do.

[@ohgin12345]

And you really think those players really come out of kroenke pockets. So why didn't kroenke support Wenger then by demanding Wenger spend big or get sacked?

[@afanwithagun]

The abuse from fans is unnecessary. They do not know better than the people who run the club. Arsenal is now a well-run club, thanks to the restructuring that took place after Kroenke acquired 100% ownership. It was clear that Arsenal was determined to return to elite level when they appointed Arteta as manager. Just because it didn't happen overnight (as many fans were losing their patience) doesn't mean there was no plan. We are in good hands.

[@ducvietphan3300]

But still 0 trophies to show for it

[@ducvietphan3300]

With no money to their name except title pretenders

[@2daysago_]

​@@ducvietphan3300Arteta won Fa cup. And the major ones will come soon

[@sgsggsgsshshs8900]

@@ducvietphan3300 PLS WATCH SOME FOOTBALL FFS.1 FA CUP AND 1 TITLE CHALLENGE RUN? BACK TO THE CAVE DUMMY

[@ducvietphan3300]

@@2daysago_ thats wat u think, with Liverpool and man shtty oil still around Arsenal will win nothin

[@Only1Victor]

What I find key here is Arsenal’s ability to keep expenses low, particularly wages. They terminated heavy contracts and loaned players they couldn’t sell. What I find outstanding is the power of broadcasting. It can’t be understated.

[@martinw2235]

People forget how big a club Arsenal is. We've been in the top 10 most valuable clubs in the world for decades.

[@ohgin12345]

Unfortunately mismanagement means arsenal is going the other way

[@martinw2235]

@@ohgin12345 lmao

[@ohgin12345]

@@martinw2235 you see. No point being the most valuable club for 10 years when you spent 105 mill on Declan rice and 80 mill on Pepe

[@martinw2235]

@@ohgin12345 you said "arsenal is going the other way." did you miss the last season?

[@youngys3820]

How could chelsea afford to spend 600m should be more of a concern

[@patrickbateman1660]

When the last guy got ousted the debts went with him. So boehly had zero debt plus huge revenue. It complied with FFP.

[@eugenethompson2352]

Chelsea are rich but arsenal aren't ..when beggars spend their entire life savings on a few chocolates it's obviously concerning.

[@you393]

​@@eugenethompson2352😂😂 you have no clue

[@eugenethompson2352]

@@you393 considering your names you I suppose your talking about yarselfff

[@rashidkhalid3970]

Commercial revenue growth because they been one of the most successful teams in Europe last 15 years

[@pxxv5370]

After more than a decade of financial struggles due to the debts of the Emirates Stadium, Arsenal is finally stable and can strengthen themselves 💯

[@paulwalsh6734]

They spent very little after they built their stadium. They paid off their debts and made it into champions league consistently.

[@ohgin12345]

Nope. Arsenal always had money to spend. But we had a great manager that managed to put arsenal in that position before he left

[@visianwatson1047]

@@ohgin12345we didn’t have no money like that man that’s y ucl was crucial

[@ohgin12345]

@@visianwatson1047 nope even the management said that they have but arsene just dun spend

[@imconfused1237]

@@paulwalsh6734 Wrong. The stadium debt was never paid off. As of a couple of years ago, £200m remained outstanding. That was refinanced by Kronke.

[@aaroningl]

Huge club. Huge fanbase. Huge owners.

[@left4deadR]

My black arse

[@imconfused1237]

Huge bottlers.

[@aaroningl]

@@imconfused1237 do a trophy count and come back to me, boy.

[@reeseprince8]

Probably only born 10 years ago

[@left4deadR]

@@aaroningl aww gonna cry fartenal?

[@Gut2-Cush]

Cedric, Holding, Lokonga, and Elneny all together would bring 10 million pounds.

[@autumnsworld8095]

People forget kroenkes own other billion pound companies. Everyone thinks we're not balling like that because arsene wenger was such a good manager he didn't need to spend much, we've got money this isn't a shock to me. Plus arsenal are supported globally plus some shirts being fashion statements.

[@Guevon_Pajaro]

FFS, spending money finally at arsenal is a shock to everyone, and yet here we are every window with Chelsea spending half a bil 😂

[@nmkcomps]

Chelsea consistent ucl and sell players

[@LemonU2tribute]

Could you imagine that you have insurance a subscriber who enjoys your videos in Chile? Congratulations guys on your work! Thank you!! Andres

[@teenageapocalypseusa5368]

Answer: because they barely spent anything for about a decade.

[@slyarsenal]

I stuck by Wenger all those years even when our fans ungratefully shooed the man out of the club like a dirty stray cat. It was disgusting behaviour, something I'll never be proud of witnessing as a gooner. The man dedicated and devoted his life and even sacrificed his marriage for the club. People still don't understand the significance of finishing 4th each season for our club in a period where we were financially crippled by the stadium debt. Just making it to CL each season, was a fine feat, in which Wenger achieved 18yrs straight (only 2nd to Real Madrid at the time), on a shoe-string budget, against oil lottery teams in Chelsea and Man City. Even then Utd were still spending big and so were Liverpool. Fans screamed "4th isn't a trophy" without giving Wenger any credit for his vast achievements to be there every season. He did it against all odds, even after selling our best players to City and Utd. It is this consistency that saw us through tough times and all those 4th place finishes set the foundation we stand tall on today. Wenger will always be a special manager in our club history and imo is still one of the best managers to ever grace the game. I always imagine what Wenger could have done with the money we have today. I see the same thing in Arteta. Wenger always said Arteta would make a great coach one day. He was definitely right. Arteta is on the verge of winning major trophies. I'm confident we'll be dominating the EPL in the next few years and continue competing with Europe's top teams. I will celebrate our future trophies with Arteta and the team, but I will never forget and will always celebrate Arsene Wenger!

[@Maj1794]

Thank you for clearing this up for all of the haters 👍🏼

[@failuretolaunch4571]

As a Chelsea fan, this gives me hope. We can drop out of Champions league spots and still not be totally hamstrung in the transfer market (not that we have been). The difference is the board at Arsenal seem to get with, while our board feels like a bunch of peole all doing things without any coordination.

[@GamerFlair]

The problem with Chelsea is wages. Its... still somewhat a problem despite all the sales as your selling all the academy players who were on lower contracts anyway.

[@Asshat237]

The key thing that can't be ignored about Chelsea is that although their purchases have been disorganized, similar to the way Arsenal have rebuilt the last three years Chelsea have bought talented and extremely young players. For all Boehly's negatives I bet he has been a key part of investing in youth. It's similar to how the LA Dodgers, the baseball team Boehly was involved with, are run.

[@afanwithagun]

I have always been envious of Chelsea during the Abramovich era. They were a very successful team, but they could have been even more successful if they had been able to stick to a manager for a long period of time. Unlike Klopp at Liverpool or Pep at City, who have both overseen long term projects at their clubs. If Chelsea had been able to do this with a top manager during Abramovich era, they could have dominated European football for a sustained period of time.

[@failuretolaunch4571]

@@GamerFlair They are. But this summer it seems things are going on the right track. I hope we still manage to offload players who are on big wages (Lukaku being the biggest problem) and reduce our wage bill.

[@failuretolaunch4571]

@@Asshat237 It seems disorganised because it is. We have far too many wingers. Pulisic going is nice and all, but all the young players we have bought are wingers too. On the other hand our cental midfield is threadbare at the moment

[@theinvertedpundit]

Liverpool and Arsenal are 2 properly run clubs They might suffer on the pitch but they do football the right way

[@thealmightybepisman9330]

The Kroenkes winning every sports championship on the continental US kinda helps. Just over the last three years, they've won a Super Bowl, the Stanley Cup, and most recently, an NBA Title

[@kjetil9992]

I would like a review of liverpool finance aswell. Why can so many clubs spend huge amout of money while liverpool is lagging behind

[@mrpooppoop420]

Yeah, make one about how Liverpool never have as much money to spend as their rivals whether we are better than them or not.

[@OneGoodCrusader]

I hope our projections and gambles pay off and we are able to avoid any financial scrutiny while achieving and maintain levels and silverware

[@RaphaelCOYS]

Will there be a similar video with Newcastle 🤔

[@fakhrianuar9264]

No need to, we already know why

[@M4NA5]

I mean their front of the shirt sponsor “Sela” is owned by the same party (PIF) that owns majority shares in Newcastle, with Newcastle board member Abdulmajeed Alhagbani also being the vice-chair of Sela Sport.

[@andrewcharlton6080]

@@M4NA5I’m not sure how that’s relevant when all same party deals over £1m are scrutinised and signed off by the Premier League. £25m isn’t even that high considering other Champions League clubs deals.

[@imconfused1237]

@@andrewcharlton6080The Premier League hasn’t signed anything of. That deal will NOW be assessed for fair market value which, of course, it isn’t. So let’s not pretend NUFC has suddenly grown its value from £6.5m to £25m/year. Instead, let’s recognise that it is yet again a case of owners financially doping a club.

[@fendi2785]

oil merchant

[@kennethdrewary1094]

As big Sam once said, 'there are ways round it'.

[@anmoljeetsingh8837]

Same video want for Newcastle.... 4:53 They are one of the biggest stadium in EPL and now are back in Campion league so .. why they are woory of FFP Tell us.... Why it is different?

[@HT3897]

Imagine man city with the PL title, CL title and fa Cup bonuses 😅

[@DududududuSALIBA]

And 115 charges.😅

[@tebogo743]

​@@DududududuSALIBAHow are you still talking about ALLEGED charges 😂

[@CatFuntCanton]

@@DududududuSALIBA Paying Cedric Soares 75k every week is far more disturbing than having 115 easily paid off charges

[@401Orishas]

Still not enough. You have no revenue nor fans. City also have less trophies than Everton. Still a small club no matter how much you bribe agents😂

[@CatFuntCanton]

According to the bottlers that's not a successful season as they believe going 3 seasons straight winning nothing is a far better achievement and is apparently 'progress'

[@nicolascastillo7065]

If nothing happens to Chelsea for spending 400 million on a window, nothing will happen to anyone for spending 200

[@BeforeThisNovember]

We just need to spend another 100m and get Osimhen (🤞😅) The deadwood we have could probably raise the best part of that 💯🙌

[@JammyDo]

Still need to buy carefully. Top 4 is never guaranteed every season.

[@aadesh7]

200 mil ain't big any more. It is the standard. Chelsea blowing 700 mil last season was big. Arsenal is normal so far. They may spend more. I think its big now if it crosses 300 mil. Below that is par for the prem.

[@imconfused1237]

Wrong. Outliers are meaningless. £200m is a huge sum of money. Don’t get it twisted. And with that comes expectations. Bottling the league isn’t one of them.

[@edenhazard2751]

@@imconfused1237 haha exactly. Clubs can spend as much money they want till they bottle and we know that for sure that Woolwich is going to bottle soon enough.

[@TarunKumar-qs9dj]

200M ain't big any more? Lol, When you normalised debts then only you can say stuff like these.

[@omother6950]

@@TarunKumar-qs9djit isn’t much anymore I’m the new world of football, it’ll barely get you 2 players.

[@eugenethompson2352]

But ur Indian

[@vghv_oMiller]

Besides, the top signings of Arsenal happened this summer thank to the All Or Nothing documentary. It was mentioned by our star signing Declan Rice as a strong factor for his arrival. Like it or not, it’s undeniably inspirational by not just the footballers but fans put there. Above all, the collaboration with Amazon was a right investment by the Arsenal board. 🙌🙌🙌

[@ruben1128]

Never thought I’d see the day where arsenal is actually bidding money and not being cheap

[@ohgin12345]

Yes and this will contribute to their downfall very very soon

[@TheRuddboyy]

@@ohgin12345 Get lost

[@ItsJesssee]

It’s easy the Prem money is crazy Almost every team in the prem can sign the best players in other leagues..

[@Smellybridge99]

Tonali to Newcastle is a huge transfer. Gutted Arsenal didnt go in for him

[@2daysago_]

​@@Smellybridge99 That guy is too slow. We dont need another xhaka since we need to upgrade in that number8 position.

[@Smellybridge99]

@@2daysago_ His qualities are not about pace. Try again.

[@OG-512]

The reason is because of how little & careful they have been over the last couple of years. Owners didn’t spend much until 2018.

[@beirch]

3:17 I did not just hear you say "Tottenham Hotspurs" did I?

[@katlegotloubatla5880]

Subscription to the Athletic is now just £1.30

[@lamina11]

Bigger question. How can PSG do it?

[@allenlopez9731]

Wenger overstayed as Manager, no doubt. But today’s Arsenal is his creation, without any doubt. He managed the club with a financial probity unseen in world football. He never compromised long term financial viability to short term trophy gain. The imminent unveiling of statue to him is long overdue.

[@gothicm3rcy426]

even though as a manager he did nothing but complain

[@itscorybyt]

Loved this vid and the breakdown provided...Appreciate it guys

[@Cbart23]

You can thank Arsene Wenger.

[@hsiencheetan7356]

Imagine we gave wenger that much to spend. We'd be barcelona at that period

[@stanleyseahfengyuan7410]

@tifo did you say "bounding back" at 3.24?

[@JoshMarshain]

It's hard out here these days being a non Oil Money club trying to compete at the top level but they're doing their damndest

[@ohgin12345]

And with the way they spent, they are now the same as the oil money club. You talk nonsense?

[@gooner3681]

@@ohgin12345 No they are not. They actually have to be careful with how they spend and can’t give out obscene wages. Chelsea outspend Arteta’s tenure in the past year alone. City are owned by a country, they can literally print out endless money.

[@ohgin12345]

​@@gooner3681yep. And spending 105 mill on a player that is not very established is one of them.

[@GeorgesOpinion]

Translation: WE AIN’T GOING NOWHERE!!!

[@DududududuSALIBA]

Biggest in London.

[@zingisamahlasela]

In short, if your club is not spending, they are taking money from the club.

[@SongofIceandTea]

Dude, even Nottingham and Wolverhampton was able to spent 200 mil euros last season, EPL teams have more power in transfer budget than the rest of the world, so no shiet Arsenal could spend 200 mil this season. And if you look at how quite Man City this season after winning UCL and selling some few stars, wait until 2024, as i wouldn't be surprised if they spent 500 mil euros in transfer window.

[@shadycarry]

Part of this too is compared to other leagues EPL has very lax financial regulations, they are the only top 5 leagues with more net losses allowed than UEFA iirc

[@kunimitsune177]

**PL* If you can't get the name of the league right you don't get an opinion.

[@Flash4ML]

@@kunimitsune177 . . . I guess you don't get an opinion then

[@SongofIceandTea]

@@kunimitsune177 many nation used PL as their top tier league, and since you are empty headed you don't get an opinion

[@fakhrianuar9264]

Can we trust Maguire? Just ask de gea

[@harukrentz435]

If youre trying to look smart i gotta tell you that de gea performance had been poor 1 season prior to maguires signing. World Cup 2018 is the one who broke him.

[@kylemoseley4998]

We're Gargantuan

[@dregen8662]

because theres no fairplay finance in England ??

[@GodMcQueen]

*About damn time!*

[@fahad1992fah]

I wonder why he keeps mentioning Rice and Havarst even though that Timber was announced before Rice ! And cost alot too 40-50M can’t be dismissed

[@ForzaJuventus-z5h]

How can we compete with them 😥

[@ohgin12345]

Funny there is no mentioned of how accounts are balanced

[@sambaprince]

Can you cover Blackpools year in the premiership there are so many good stories and unbelievable stories from that year that's never really been documented on KZbin

[@LA_Native]

1:39 *Manchester City:* 😏

[@kuramobay2445]

How do major corporations finance expansion? They borrow against their assets.

[@sm152]

This is how you run a football club

[@ahmet51197]

This feels like a joke not gonna lie. Arsenal didn't play in champions league for half a decade, but still can spend more than bayern munich, one of the most successful clubs and one of the best managed clubs in the world. There is way too much money in the premier league, and we will loose european competition like this. I know premier league fans don't want to hear this, but we need strong contenders outside of england as well to keep this sport interesting, to keep foreign markets, to keep foreign players to be developed. I unfortunately can't see this happen, the gap is widening too much. But props to Arsenal. They did a great job recovering from a low point. Holding on to Arteta was the best decision you could make!

[@nicolascastillo7065]

the difference is that kse owns 100% of the arsenal while at bayer allianz, adidas and audi only own 25% and could only own up to 40% because by law at least 60% has to belong to the partners ( fans) therefore they do not have the same capital as a person who has 13 billion and makes the decisions he want

[@fornamnefternamn5116]

A better question is how can real Madrid afford to buy player after player for 100m+ on similair income as barcelona while barcelona are in a economic crisis

[@nicolascastillo7065]

The answer is easy, salaries in Barcelona have been quite stupid giving high salaries to all the players, it's not that Barcelona can't spend or buy players, the problem is that they can't sign them up because they don't have salary space

[@mrwaltermathews]

As incredible and almost unbelievable as our spending has been these last two yrs I still get the feeling we need another big money midfielder such as Caicedo, De Jong, Tchouameni to truly arrive.

[@sososoawesome1]

Greedy

[@mrwaltermathews]

@@sososoawesome1 just kinda realistic if we want to challenge City. We are a midfielder short.

[@evoke97]

especially if partey leaves

[@mrwaltermathews]

@@evoke97 exactly and I'm think he is.

[@ohgin12345]

@@mrwaltermathews then why not support man city then?

[@jlegasp]

I think they should of first secured a solid additional defender, we all saw how they crumbled after Saliba was injured towards the end of the season, attack wins you games, defense wins you campaigns

[@whiteshadow5088]

Timber literally signed the day you commented?

[@py5347]

@@whiteshadow5088maybe they didn’t see it

[@muhammadhakim2572]

Because its not the glazers

[@ankushvp1994]

I understand this video is there to actually explain why we can afford this, but I find it hilarious how opposition fans constantly ask this when it's Arsenal.

[@paradise4213]

They got all this money cause Wenger been saving for years and doing magic with cheaper squads. Those savings were probably invested and their raking out the cash now.

[@captsow]

Kroenke after winning the nba, the NFL and Stanley cup (hockey), he finally decided to go for the EPL 😁

[@wendell.dacosta]

The same video on City y would end in 5 seconds.

[@tobbogun9420]

If we get pulled by FFP before City I’ll know football is a scam

[@ohgin12345]

The fact that you guys are worried already shows something is wrong

[@mendi02]

the arsenal pr on the channel is shocking. when have we ever seen them defend a teams spending lol

[@Flash4ML]

How is this "defending" their spending lol, it's explaining it

[@polo-kf6yh]

Well done arsenal ❤

[@fieserfactsack9635]

If Chelsea can spend 600 Million a bigger club like Arsenal can do so easily.

[@nmkcomps]

Chelsea higher revenue higher commercial revenue as well lol. Who’s the bigger club then?

[@adityashrivastava8498]

They will also get some value from sale of their assets like Balogun, Xhaka, Lokonga-, Tavares, Partey, Holding etc

[@bdndella69]

Partey is not for sale, and balogun probably

[@SMANDAL0852124]

​@@bdndella69Partey is for sale and Juve has been around for him.. unfortunately Arsenal value him higher..

[@bdndella69]

@@SMANDAL0852124 i dont think arteta is that stupid

[@ohgin12345]

@@bdndella69 he is actually

[@Luis-vv5gq]

I thought you would have mentioned KSE refinancing the debt to themselves at a better interest rate then others

[@mattweiss7645]

They did not answer the question though. They covered the fact that they have the 4th high wages but still trail Tottenham (and most the other bigs in revenue). Reaching 2016-17 revenues is not an achievement. That was 7 years ago! Was Arsenal able to spend 200 mil 7 years ago? Very poor analysis. Just blah blah blah Champions League. Not a mention of Kroenke and/or the impacts of him "paying" off the remaining stadium debt (aka the thing that paralyzed Arsenal financially for over a decade)

[@Dough-baker]

We don’t need oil. We are THE ARSENAL.

[@gabrielshartinelli]

Wow Joe actually did some work

[@Flash4ML]

Lol I don't think he does all the research himself, if he does any

[@jc6087]

Because unlike Man City we have enough fans to fill a stadium. Man City have no fanbase, all their money is funneled into their club through third parties by their owner and the Etihad is always half empty, Man Utd always manage to fill Old Trafford though...

[@WeeleyTube]

Most expensive ticket in the prem, make half of what city, United and Liverpool make per year. Owner is just finally spending money he should have over the last 5 years.

[@TheSantuary-r2r]

You sound like a kid who listens to mark gold ridge . Having more fans to buy tickets and merchandise is small fraction in revenue for clubs compared to tv money , sponsors , player sales and price money from winning trophies.

[@WeeleyTube]

@@TheSantuary-r2r I get that but arsenal didn't win anything and came second. That should be like 150+ mil and then you won't be getting anymore money this season for new kits/merchandise that will be next year. Player sales are spread over years, and like I said arsenal only make about half of what the big 3 do. Arsenal can't really make anymore this season than they currently are, until they win something and get far in CL.

[@jc6087]

@@WeeleyTube Arsenal fill a 60k+ capacity stadium every week, there's a 25 year wait for a season ticket. More Londoners support Arsenal than any other London club FACTS. We charge big ticket prices because there's demand for them, your clubs sell em cheap and still can't get rid of them all 😅Chelsea's entire fanbase is foreign based fans and tourists, go to Stamford bridge on matchday and it's all Chinese tourists. The only people that support Tottenham live in that borough you won't find them anywhere else. West Hams entire fanbase is in Essex because the whole of East London is populated by Asians even the road signs are written in Urdu and none of those guys support west ham at all. All the other London clubs have tiny fanbases based almost exclusively in their immediate area/borough. Liverpool is a one city team that's why they fill Anfeld, Everton are a joke they share a club shop with Liverpool because they can't afford their own, their stadium is less than 400yds away from Liverpool's and they struggle to reach their 39k capacity 😅 Similarly Manchester is a one club City, Man Utd max capacity old Trafford every home game, go watch Man city games and the stadiums half empty because nobody in Manchester really supports "Citeh" they're a championship team with champions league money. Man Utd make all their money off merch in Asia and the U.S. Man City don't make money from tickets and shirts because they've got no fans, their owner illegally pumps money into the club via third parties and calls it "Revenue"... That's why they're facing over 100 charges of cheating. Arsenal is the ONLY club in the top six that runs self-sufficiently 🤣 For example our annual wage budget is £70m Less than Man City's, £40m Less than Chelsea's, £15m Less than Liverpool's. Another Example is shirt sales... For 22/23 both shirts are same price: Man city £37m Arsenal £78m Like I said, City have no real fans. Arsenal earn our money the right way through our fanbase, we don't cheat like the others.

[@saikatchakraborty2794]

Basically talk about FFP allegations and Manchester City are on the list. Either by premier league or UEFA

[@Futloveredit]

Next video:How Liverpool can’t afford 200 millions

[@ohgin12345]

Actually they could. But they dun want to be stupid

[@matthewsigllechner9364]

Does FFP exist in America and in Saudi?

[@mustafaabdulsahib9317]

who are those 19 clubs placed under uefa monitor list?

[@Omidan]

I’m still confused

[@dean8830]

Stop worrying about us it’s been an Edu and Arteta masterclass

[@seandelap8587]

The EPL money is basically a bottomless pit and Arsenal are among the beneficiaries of that its come to the point that teams in the bottom half of the EPL can outspend the top sides from other major European leagues and financial gap is only going to get wider in the future

[@menaceclan]

Saudi Arabian league came and said : _" Hold my drink"_ ... Now you see the hypocrisy when British complain about it ??!!

[@Smellybridge99]

@@menaceclan Can you try again but in English?

[@menaceclan]

@@Smellybridge99 typo on the first word... Better now ?

[@kunimitsune177]

**PL* If you can't get the name of the league right you don't get an opinion.

[@Smellybridge99]

@@menaceclan No you still talk bs. "when British complain about it" .....get an education ffs.

[@Macho_Fantastico]

£100 million for Rice is insane to me, have to give West Ham credit for getting that much out of Arsenal.

[@Mookie-Jones]

Because they came in 2nd?

[@kacperkoziatek5916]

Chelsea spend 600 million and when arsenal spend 200 there is a video about how we can afford it

[@DigitalNomadOnFIRE]

It's hilarious how women's football is assumed to be a loss. Women are really failing us by not watching women's football, they need to do more.

[@wretchedworm]

The Arsenal is truly back!💪

[@chadflpo635]

There are no FFP rules in the EPL & eufa, this is known.

[@demonmonsterdave]

Some fees are knocked off; worldwide disaster, poverty, development, women's football.