Arsenal have the chance to salvage their below per performances this season by winning the FA Cup when they go up against Chelsea tonight. Their hope of having a quality transfer window is hanging on their ability to win the FA Cup final due to their financial situation.
The Wembley showdown is an onfield battle but there is more to it more than just the trophy
The Gunners have been crowned FA Cup champions 13 times, a record they set after they defeated Chelsea in 2017. None of those 13 triumphs at Wembley have been so important compared to the one going down tonight against Chelsea.
If the North London side eventually secure the trophy for a 14th time in tonight’s game, they’d earn themselves a group stage spot in next season’s UEFA Europa League and also get financial benefits that’d help during the summer as this summer transfer market tends to a challenging one as per finance.
If results go either way in favor of London rivals Chelsea, Arsenal will however miss out on playing continental football for the first time in 25 years which will now hit their finance that is in a bad condition at the moment.
Though the UEFA Europa League doesn’t offer the kind of financial gains that comes with UEFA Champions League football, but the little it offers is also going to do something vital for a team that in February announced a loss after tax of £27.1 million ($34.8m) for 2018-19 season. The financial loss was their first operating loss since the year 2002 and the February account was even before the coronavirus pandemic affected the game.
Most clubs have been dealt financial blow by the Coronavirus but every club has it’s own height of financial loss, Arsenal just like others feeling the effects of Covid-19 like everyone else. Arsenal Supporters Trust carried out an analysis and revealed that the club would lose a mouthwatering £144 million ($178m) for the year 2020-21, if the fans are not allowed to watch football live in the stadium for next season.
The matchday revenue provides 24 per cent of Arsenal’s annual income, and it’s a major concern as they’ve a £230m ($302m) wage bill that continues to hang on like a dark cloud above the Emirates.
Victory tonight for Arsenal would be of high importance. Arsenal got to the final of the 2018/2019 Europa League final in Baku and as a losing finalists they received £35m ($46m) worth of prize money and they’d pocket that same exact amount of money provided they bear Chelsea this evening.
Arsenal’s Head Coach Mikel Arteta, is ready to do business this summer. He knows the importance of this game and his playerd also are not naive to what’s at stake. The Spanish Coach said that he didn’t even need to mention the consequences of losing at Wembley.
“There’s no need to talk to them about that,” said the Spaniard. “They are aware of it.
“I don’t want to add any extra pressure onto them in terms of that. They are preparing really well this week, they look ready to go and what they have to drive them forward is the energy and ambition to grab that cup at the end of the 90 minutes.”
Arsenal would need to do business this summer but the height of the business they’d do is hanging on their FA Cup final match. The Arsenal board aren’t willing to pump funds for transfer but if they win they’re hoping to use the FA Cup prize money in the transfer window.