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Football London
Football London
Sport
Lee Wilmot

The £6.795m windfall to boost Mikel Arteta's summer transfer budget at Arsenal

Arsenal have banked £675,000 from the FA Cup so far this season, but they can scoop even more in the coming weeks.

The Gunners made it through to the last eight of the world's greatest domestic cup competition thanks to a 2-0 win over Portsmouth in the fifth round on Monday night.

Their progress in this season's tournament has been serene thus far, beating Championship Leeds in the third round 1-0, before seeing off Premier League rivals Bournemouth 2-1 in the fourth round.

The reward for their fifth round victory over Pompey was a quarter-final tie with Sheffield United, which will take place at Bramall Lane on the weekend of March 21.

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And they have banked a not unsubstantial sum of money for their victories so far.

The FA Cup is a financial money-spinner for the non-league teams who start at the very beginning of qualifying, with vast sums available to them for the wins they pick up on the way - money that can keep clubs afloat for years to come.

For the professional sides, the money is not exactly life-changing, given the billions at the top of our national sport nowadays, but it can help.

For winning in the third, fourth and fifth rounds, Arsenal have banked £675,000 from the tournament, not to mention the gate receipts from their wins, which are always split between the two teams in the FA Cup, no matter who is at home.

And if Arsenal were to go all the way and win this year's tournament, they would end up earning £6.795million from the tournament, which would boost head coach Mikel Arteta's summer transfer budget.

Prizes for winners:

Third round - £135,000

Fourth round - £180,000

Fifth round - £360,000

Quarter-finals - £720,000

Semi-finals - £1.8million

Final - £3.6million

The losing semi-finalists also pocket £900,000 and the runners-up win £1.8million.

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