Kieran Maguire: Wenger plot could cost Arsenal '£30m-a-season'
Arsene Wenger’s push for a biennial World Cup could cost clubs like Arsenal £30million per season if successful.
That is the view of finance guru Kieran Maguire, speaking exclusively to Football Insider about the Gunners legends’ controversial proposition.
Wenger, in the employ of Fifa since 2019, has spearheaded the world football governing body’s plan to host the tournament every two years.
It could cost Uefa and Europe’s major leagues approximately £6.75billion per season, as per a study relayed by The Times on 24 November.
Maguire claims that Wenger’s plot could also hit individual clubs if broadcast money declines as a result.
“In terms of English clubs, we might move to a smaller Premier League,” he told Football Insider correspondent Adam Williams.
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“That would hit Arsenal because they make around £4m to £5m per match from gate receipts, hospitality and so on.
“If the focus is going to be on the Club World Cup and World Cup, that will have an impact on broadcast rights.
“The Premier League itself wouldn’t necessarily be hit because it’s such a fantastic brand in its own right.
“But participation in European competition could be hit. That could be another £10m to £20m.
“If you add that up, that’s £30m for a club like Arsenal. That’s seven or eight per cent of their total revenue. You don’t want that in any business.”
Arsenal, who will release their next annual report in early 2022, earned £118m in broadcast income over the last recorded financial year.
That figure was, however, severely impacted by the knock-on effects of the pandemic.