Finance guru: Arsenal will ‘dominate’ for a long time after £309m reveal
Arsenal and their Premier League peers could “dominate” on the European stage thanks to Uefa’s new spending rules.
That is the view of finance expert Doctor Dan Plumley, speaking exclusively to Football Insider about the overhaul of financial fair play.
Per the New York Times last Tuesday (22 March), new rules permit clubs to spend no more than 70 per cent of turnover on transfers, wages and agents.
That is in contrast to the current system, which punishes clubs if they exceed losses of £25million over a rolling three-year period.
The Gunners lost £107.3m in 2020-21, according to their annual accounts.
But they still finished 11th in the 2022 Deloitte Football Money League, published on 20 March, thanks to their £309m turnover for the season
And Plumley explained why Premier League sides are at a unique advantage under the new model.
“Revenue is on Arsenal’s side,” the Sheffield Hallam University expert told Football Insider‘s Adam Williams
“When you balance all these things together, these rules are going to benefit those who are in the Premier League.
“Their revenues are higher because they have the domestic TV deal from playing in the Premier League.
“Arsenal earn more than some of the biggest clubs in Europe, for example.
“If the hard-and-fast aspect of this is the wages-to turnover stipulation, then they will be able to spend more in absolute terms.
“With the revamped Champions League as well, we’re looking at dominance from these clubs for the foreseeable.
“It becomes circular because you’re constantly pulling the ladder up behind you.”
Arsenal finished 8th in 2020-21 and reached the semi-finals of the Europa League.
They are currently 4th in the Premier League with 10 games left to play.
In other news, Arsenal tipped to sign “huge” Alexandre Lacazette upgrade after £60m latest.