Arsenal and Chelsea dominate WSL finances, leaving 'big four' myth behind

Financial records reveal a true 'big two' in the Women's Super League, with London clubs far ahead.

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What happened. Analysis of eight seasons of WSL financial accounts shows Arsenal and Chelsea recorded more revenue in 2024-25 than the rest of the division combined.

• The 'big four' is a financial myth; only Arsenal and Chelsea lead.
• London City Lionesses could become a new force after big transfer moves.
• On-pitch dominance by the quartet hasn't translated to financial parity.

Financial gap may impact competitiveness, but London City Lionesses' transfers could shake up the status quo.

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