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Football London
Football London
Sport
Josh Holland

Arsenal secure vital $90m transfer advantage over Chelsea with Declan Rice windfall

Arsenal's business this summer will be different to previous years. The Gunners' second-place finish in the Premier League means Mikel Arteta's side will host Champions League football for the first time in six years.

"We have to nail everything that we do and we have to see excellence in everything that we touch and participate in, to have a big impact at the club," Arteta said. "I think the competition is going to be even harder than this season.

"In my opinion, it's been the hardest of the 22 years that I've been in this league. In order to do that, we have a really promising plan."

READ MORE: Arsenal have secret weapon to complete Declan Rice transfer for £20m West Ham discount

Fortunately for Arteta and sporting director Edu Gaspar, Arsenal will receive a satisfactory amount of money next year after their qualification to the Champions League.

Owner Stan Kroenke will reportedly make £200million available for new signings - namely in midfield and defence - to ensure the north Londoners continue their upwards trajectory under Arteta.

But the Champions League financial windfall will be a welcome bonus for all involved, allowing the club to flex their muscles in the transfer market.

The further Arsenal go in next season's edition of Europe's greatest stage, the more money the club will make. Should they lift the trophy at Wembley Stadium next year, they will secure £73.49million ($91.2m) in prize money alone.

As per UEFA, clubs that qualify for the Champions League group stage this season (2022/23) received a base payment of €15.6m (£13.7m). More money is to be made, depending on how a side fare in the group stage, with a win worth €2.8m (£2.5m) and a draw bringing in €930,000 (£819,000).

Qualification for the knockout stages of the competition will bring in additional finances. Qualifying for the round of 16 will bring €9.6m (£8.4m) and an additional €10.6m (£9.15m) for reaching the quarter-finals. Should the Gunners reach their first semi-finals since 2009, they will gain €12.5m (£10.79m).

Before reaching the final, Arsenal could make €65.1m (£56.2m). Winning the competition is rewarded with a €20m (£17.2m) bonus - whilst finishing as runners-up receive €15.5m (£13.3m).

There is also the broadcasting revenue to take into account, another avenue of finances that Arsenal will receive next season. This summer's business will be made easier by the millions gained from UEFA.

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