i've complied a list of first team squad members from both arsenal and chelsea and their weekly wages. i've always thought that it was a bit impossible for arsenal to be outspending chelsea in regards to wages, and i think the below table shows that. i got the majority of figures from :
http://www.tsmplug.com/football/arsenal-players-salary-list-2014/
http://www.tsmplug.com/richlist/chelsea-playerss-salaries-2014/
but i have made a few adjustments based on new signing, new contracts etc. adjusted figures come from averaging a number of results from various google search sources.
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However, there are many more important factors to consider in addition to these basic first team salary figures.
- the above chelsea squad list is the result of filtering through many high profile signings (who cost a lot and were on high salaries). ie. the current chelsea squad is the one that they have settled on after numerous trials and errors. therefore the cost of the players that havent worked out does not show up on the table. for example the 50m (+wages) loss that they took on torres does not show on the table. but losses like that were crucial if you want to end up with a worldclass team that gells well and understands each other. arsenal on the other hand, do not speculate on that level. and so their losses in this regard will be much smaller.
- arsenal have a much flatter wage structure. this is a much less riskier way of spreading the wage budget and thus allows them to hold more players (than if they had a more polarised wage structure). as they can't take as bigger hit on any one indivual player. ie. if arsenal had 2 players on 200k and spent 50m on them each, and they completely flopped like shevchenko and torres. that would set arsenal back years. if arsenal want a self-sustaining model, speculating in the transfer market in this manner is just something that arsenal cannot afford to do. Chelsea's team on the other hand was built on this type of transfer market speculation. Therefore, the key point is that arsenal's flatter wage structure enables them to spend a bit more than otherwise. And this should be taken into consideration when comparing Arsenal's wage structure with Chelsea's.
-Chelsea have a lot of players out on loan. guys like marin, moses, and even torres. these players were obviously not included when journalists were making the sensationalists headlines that arsenal were spending more than chelsea. but players like marin are out on loan because they are players that chelsea cannot offload probably due to their high salaries. and chelsea are probably covering part of their wages. arsenal (like every other top club) has these unsuccessful players too, but not to the extent that chelsea do.
- also chelsea are paying absolute fortunes to reserve and youth team players. articles below:
http://www.dailymail.co.uk/sport/fo...00-week-never-played-team-wont-time-soon.html
https://uk.eurosport.yahoo.com/news/premier-league-chelsea-teen-will-earn-1-7m-142846987.html
and i have not doubt that if all players on the chelsea books were compared to arsenals, the difference would be monumental.