WSL finances reveal stark inequality

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The haves and the have-nots

Women's football in England is booming - but the bank statements tell a rather lopsided story. Financial filings for the year ending 31 May 2025 reveal a yawning chasm between the WSL's richest clubs and the rest.

Arsenal top the revenue charts with a turnover of £21.54m, closely followed by Chelsea on £21.31m. Everyone else? Miles behind.

Arsenal and Chelsea: spending big, earning bigger

Arsenal managed a modest £22,000 profit after tax, kept wages at £11.32m, and pulled in £5.9m from matchday income alone. Broadcasting brought in £2.02m.

Chelsea, meanwhile, splashed out £14.52m on wages - the league's heftiest bill - and posted a whopping £17.10m loss after tax. Their matchday revenue sat at £3.01m, with £2.27m from broadcasting.

Mid-table money

Manchester United (£10.74m turnover) and Manchester City (£10.62m) occupy the next tier. United turned a tidy £397,000 profit on a £5.88m wage bill, while City recorded a £2.83m loss with wages of £8.49m.

Liverpool generated £6.13m in turnover and eked out a £168,000 profit. Tottenham brought in £4.41m but lost £2.83m.

The strugglers

Brighton's figures make for grim reading: just £1.34m in turnover against a £5m wage bill, producing a £7.29m loss. Everton posted a £1.28m loss on £2.93m turnover.

Crystal Palace managed £1.32m in revenue but lost £1.99m. Leicester City fared worse still, recording a £4.8m loss. Aston Villa and West Ham declined to publish detailed figures, as reported by The Guardian.