Arsenal Football Club on Wednesday said it is proposing 55 redundancies due to the economic impact of the coronavirus pandemic on the club’s finances.
The Premier League club’s head of football Raúl Sanllehi and managing director Vinai Venkatesham in a joint statement said the club has been severely hit by the pandemic.
“The pandemic represents one of the most challenging periods in our 134-year history and we have responded promptly by implementing wide-ranging measures to reduce our costs,” the duo said.
The club said it aims to protect the jobs and base salaries of their staff but unfortunately it has “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.
“Our main sources of income have all reduced significantly. Revenue from broadcasters, matc…
Source: Guardian Newspaper