Arsenal has plans to cut down on their staff members – precisely 55 of them.
This plan is being made due to budget cuts – thanks to the Covid-19 pandemic. Clubs all across Europe suffered financially due to the pandemic and Mikel Arteta’s side is no stranger to that. The Gunners already waived 12.5% of the staff pay and cut a third of the executive team’s salaries. However, now they plan to take more severe financial action than before.
“Our main sources of income have all reduced significantly,” Venkatesham and Sanllehí said. “Revenue from broadcasters, matchday and commercial activities have all been hit severely and these impacts will continue into at least the forthcoming 2020-21 season.
“We all hope there will be no ‘second wave’ but we also need to accept that is one of the many uncertainties ahead of us and plan accordingly. Over recent years we have consistently invested in additional staff to take the club forward but with the expected reduction of income in mind, it is now clear that we must reduce our costs further to ensure we are operating in a sustainable and responsible way, and to enable us to continue to invest in the team.
“Our aim has been to protect the jobs and base salaries of our people for as long as we possibly can. Unfortunately, we have now come to the point where we are proposing 55 redundancies. We do not make these proposals lightly and have looked at every aspect of the club and our expenditure before reaching this point. We are now entering the required 30-day consultation period on these proposals.
“We know this is upsetting and difficult for our dedicated staff and our focus is on managing this as sensitively as possible. These proposed changes are ultimately about ensuring we take this great football club forward, creating the right organisation for a post-Covid world, and ensuring we have the resources to return to competing effectively at the top of the game here and in Europe.”
See More: Arsenal Players Wages 2020 (Salaries Per Week List)
