Arsenal Women experienced huge growth in commercial and matchday revenue last season, but remain reliant on funds from the parent club, their latest accounts show.
In the year to 31 May 2025, during which Arsenal won the Women’s Champions League and finished second in the Women’s Super League, the club nearly trebled their commercial revenue and their matchday revenue increased by 35% to almost £6m, bringing a club‑record profit of £22,000 after tax.
However, £11.9m of “group income” from the parent company underpins revenue of the women’s team and remains by far the largest income source. The accounts state: “At this stage of the development of the women’s game in England, the club is reliant on the backing of Arsenal Football Club Limited which contributes a support fee to supplement the company’s own revenues.
“The club continues to have the unwavering support and commitment of both its immediate parent, Arsenal Football Club Limited, and its ultimate parent company, KSE UK Inc. This has allowed the club to invest strongly in its playing squad at a time when the women’s game is seeing a significant growth in interest and support.”
The women’s club revenue was £21.5m, up from £15m, with operating expenses of £21.6m, up from £15.4m. A £100,000 profit was made from the disposal of player registrations.
Wages totalled £9.9m before social security and pensions costs, rising by about 22% from the previous season. Thanks largely to playing nine of 11 home WSL matches at the Emirates Stadium, with an average crowd of 34,110, matchday revenue rose to £5.9m, up 35% from the previous season’s £4.4m. Those numbers are expected to rise this season with all home league games being played at the Emirates Stadium.
Broadcast revenue also increased to just over £2m, up from £956,000, including £1.4m from the Champions League campaign. Domestic broadcast revenue remains a small part of the club’s income. Commercial revenue soared from £649,000 in 2023-24 to £1.8m.
Deloitte revealed in January that Arsenal’s matchday revenue was nearly twice that of any other European women’s side. By far the largest income was from the parent company, up from £9.3m the year before. There are pooled resources for the men’s, women’s and academy teams, such as shared commercial and marketing teams.