Advertisement

Buakyo Saka net worth set to rocket as savvy move banks Arsenal star millions

Bukayo Saka of England celebrates following the team's victory in the penalty shoot out during the UEFA EURO 2024 quarter-final match between England and Switzerland at Düsseldorf Arena on July 06, 2024 in Dusseldorf, Germany. (Photo by Matt McNulty - UEFA/UEFA via Getty Images)
-Credit: (Image: (Photo by Matt McNulty - UEFA/UEFA via Getty Images))


Bukayo Saka is expected to see his net worth increase significantly following a big decision from the Arsenal star. The 22-year-old has become very popular in recent years after breaking into the Gunners' first-team back in 2019 with his best goal-scoring season arriving in the last campaign where he netted 20 times.

As his stock grows, Saka has been able to develop a brand associated through is name and shirt number with the latest release proving how much his value has grown. Back in April, Saka's image rights company, 'BS7', released their accounts up to July 2023 with a significant increase in equity.

With more impressive displays now arriving on the European stage representing England, following his decisive Euro 2024 quarter-final strike against Switzerland, Saka has seen his impact increase with the Arsenal man now having 6.3million followers on Instagram. And Considering his influence, it is no surprise the companies are growing, with the value of fixed assets in his investments company having risen in value to £5.7m as of July 2023 over the previous financial year..

His image rights company has reported an increase of £1m of assets and equity to £2.3m over the same period and Chief Business of Football Writer for Reach, Dave Powell, has explained exactly why the company exists along with how it benefits a player and their future. "In recent years the addition of image rights agreements in player contracts has taken on far greater significance," he said.

“As players have become brands, in some cases being even stronger and compelling to younger generations that the social pull of the clubs themselves, players and agents have realised that the brand value that exists, and how it can be monetised.

“Saka, through his BS7 Rights Limited firm, is not on his own when it comes to creating an image rights company. There are plenty of elite players globally who have such companies set up, and there is good reason for it from their perspective.

READ MORE: Arsenal transfer news LIVE Riccardo Calafiori latest as 'bid' submitted amid £51m Dani Olmo truth

READ MORE: Eze signs, £50m transfer, Calafiori starts - Mikel Arteta's dream Arsenal starting XI vs Wolves

“When a club signs a player they are not only acquiring a talent to aid their competitive goals, but an asset that the club can use to help generate greater revenues through their marketability. For existing or would-be commercial partners, the ability to have their brands associated with top players is compelling and leads to a willingness to pay higher sums to the clubs themselves.

“But it is the player’s image, one related to such things as name, trademark characteristics, squad number, social following, and other areas, and players are now switched on to knowing that they must look after their own interests.

“When a club signs a player one of the key agreements to be reached is regarding images rights, and what the club can expect from their player when calling upon them to appear in marketing campaigns for commercial partners. The two parties will attempt to reach as much common ground as possible so that there is little confusion about what is expected of them during a campaign from a commercial perspective. It removes any potential for legal issues.

“If a commercial partner wants to use a player for a campaign then the club would have to call upon the player within the confines of the image rights agreement in place and the licence that has been obtained. In creating an image rights company, the player will sell their rights to the company itself and will then receive a fee paid directly to the firm from the club for use of their image rights.

“It is also beneficial from a tax perspective, with that money received taxed at a 19% company rate as opposed to it being subject to the 45% tax rate that would be applied to players through the salary received from the club. For some players, such methods work as something of a savings account throughout their careers ahead of taking out funds at a later date for them to invest in other areas in later life.”