Arsenal is financially the best placed top six club to withstand a recession, according to a new study. All other top clubs show signs of weakness when it comes to surviving major economic shocks, according to a new study.
Chelsea in particular could soon be facing a financial nightmare. While the UK economy doubled between 1993 and 2018, the wealth of Premier League football clubs has multiplied by 30.
Many of these have become global franchises, attracting hundreds of millions of fans, and making an ever growing contribution to the UK's economy. But clubs are usually highly reliant on one major source of income and on key individuals, which could leave them exposed to financial shocks.