Here are my projections for the Premier League's Big Six (based on income and fan following) for the 2025/26 season: Arsenal £770m Liverpool £735m Man City £730m Man Utd £650m Spurs £630m Chelsea £625m
13
20
237
48,956
These figures are based on estimated revenue from broadcast, matchday and commercial sources. Chelsea's figures are as high as they are due to an estimated £65m from last summer's FIFA Club World Cup.
1
15
6,170
I estimate Arsenal will top the Premier League rankings for the first time, thanks largely to winning the Premier League and reaching the final of the Champions League. Those two competitions alone will generate Arsenal over £320m- a record for any club from TV money.
1
1
18
5,307
It's an incredible turnaround from just four years ago when Arsenal generated £369m during 2021/22 when they didn't compete in Europe.
1
6
2,302
Arsenal's revenues were way behind that of several rival clubs back then- but it was cash injected in by the Kroenkes that allowed the club to recruit players who propelled them to this season's Premier League triumph.
1
3
2,196
Liverpool's revenue for 2025/26 will have achieved a record high- despite a hugely disappointing season. This will be largely due to increased Premier League prize monies plus growth in commercial revenue.
1
1
8
2,129
Though Liverpool generate greater commercial revenue than Arsenal, the Gooners' generate some £30m more from matchday income (which was a driver behind Liverpool's aborted three year ticket price hikes).
2
5
2,055
Man City's revenue continues to be driven by sky-high levels of commercial income generated largely by companies based in the same location as the club's majority owners.
2
2
18
2,859
United's revenue levels were impacted by a lack of European competition in addition to reduced sponsorship income from Adidas. The club will be expecting revenues of between £750m-£780m in 2026/27.
2
4
1,833
Spurs' turnover for 25/26 will be at a record-setting level for the club, but a loss of European competition will likely impact their revenues by £100m or so next season.
1
2
1,809
Though Chelsea's revenues for 25/26 will also end up at record-breaking highs, their cost base will mean the club will almost certainly have ended the season with more substantial losses.
1
3
1,729
The club's outlook for next season is particularly grim. For a start, revenues will do well to hit £500m.
1
4
1,593
The club still has to comply with a UEFA agreement from last summer. At worst, they can achieve losses of £56m for next season- a target that is almost impossible to achieve unless the club sells the likes of Colwill, Palmer and James for huge transfer fees.

May 26, 2026 · 1:31 PM UTC

1
6
1,623
Furthermore, the Premier League's squad cost ratio (limiting expenditure on player and head coach wages, amortisation and agents' fees to 85% of turnover) will be a significant challenge to achieve.
1
7
4,207
Though club revenues are higher than ever, it is those that balance squad investment with revenues (and having competent coaches that said squads believe in) that are best-placed to compete for major honours next season and beyond.
12
4,025
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