January 28, 2021

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Arsenal to eliminate 55 jobs as covid 19 rages

1 min read

Recent FA cup winner, Arsenal has announced their latest plan to stay economically afloat no thanks to the covid 19.

This comes at a time when the players and management have all taken pay cuts in the best interest of the club.

Their major sources of revenue including broadcast revenue, match-day takings and commercial activity which have been badly hit.

An official statement read: “Our aim has been to protect the jobs and base salaries of our people for as long as we possibly can,” said a statement signed by head of football Raul Sanllehi and managing director Vinai Venkatesham.

“Unfortunately, we have now come to the point where we are proposing 55 redundancies.”

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