Arsenal's wage bill is £11.32m, with the club's turnover reaching £21.54m in the 2024-25 season. The Gunners made a profit of £22,000, with broadcasting revenue increasing to £2.02m. Chelsea's wage bill is £14.52m, with the club's turnover reaching £21.31m. However, Chelsea's loss of more than £17m relates to the purchasing of Kingsmeadow, their women's team's former home stadium.
The financial figures highlight the growing gulf between the rich and the poor in the WSL. Arsenal and Chelsea's dominance of the division is likely to continue, with Manchester City hoping to end their reign with a first WSL title triumph in a decade. Manchester United have made a profit of £1.34m since reforming as a senior women's side in 2018, but are expected to slip further behind rivals in terms of playing budget due to a focus on youth development.
London City Lionesses are heading into their second season as a top-flight club and are set to be one of WSL's biggest spenders. Their accounts showed an operating loss of £10.6m for 2024-25, when they won the second-tier title. Birmingham City look best-equipped to establish themselves in the top tier, with a 2024-25 turnover of £6.1m and a profit of £141,000.