Arsenal won the English Premier League on Tuesday for the first time in more than two decades.
Manchester City’s 1–1 draw with Bournemouth on Tuesday secured the title for Arsenal. The Gunners are four points ahead in the table, and with one match remaining for each club on Sunday, City won’t be able to make up the deficit.
It’s the first Premier League trophy for Arsenal under U.S. owners. Stan Kroenke, owner of the L.A. Rams, Denver Nuggets, Colorado Avalanche, and Colorado Rapids, has been a co-owner of the U.K. club since 2007 and took full control in 2018. The team had blown its league lead several times in the past, including in the 2022–2023 and 2023–2024 seasons.
The party could continue in North London later this month as Arsenal will face Paris Saint-Germain in the Champions League final in Budapest on May 30.
The financial incentives from winning the Premier League are massive. Last year, champion Liverpool took home about $233.5 million in prize money.
A chunk of that came from media revenue. The Premier League splits half of its broadcast dollars equally, but it pays out a quarter of the money based on performance, with the first-place team earning 20 times what the last-place team does. Teams also get facilities fees for televised matches and other standard payments given to all clubs.
Arsenal has won the Premier League three other times in its three-decade history, in 1998, 2002, and 2004, when the team went undefeated. Manchester City, meanwhile, has won the league eight times, including six times since 2018.
Arsenal and Manchester City will both qualify for the Champions League. Either five or six teams will qualify from England for the UEFA competition. Bournemouth is still in the running for that spot, or it could qualify for the Europa League. Either way, Bournemouth will play in Europe for the first time in its 127-year club history.
The south England team was purchased by American billionaire and Las Vegas Golden Knights owner Bill Foley in 2022.
“I think for a club like Bournemouth, when you get the surplus of money that comes in with finishing in Europe, you’re able to develop the squad more, you’re able to develop the stadium more, you’re able to develop the training ground and take those next steps,” Bournemouth’s Tyler Adams told Front Office Sports last month. “And ultimately it just helps you kind of continue that trajectory of where you’re trying to go.”