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55 redundancies at Arsenal today. Read their statement today (https://www.arsenal.com/news/club-update-2020) and it’s pretty clear they’ve got their backs to the wall, like all leisure businesses.
This is a club with revenue of £395m
If crowds don’t come back soon then football is heading for real problems
Any players we can pick up? Oh no, of course not, the people being made redundant are not on £200k a week (or even year).Quote:
Originally Posted by EastbourneBlue
Can’t blame players when there’s thisQuote:
Originally Posted by CCFCC3PO
Arsenal FC owner Stan Kroenke — $8.7 billion
I'm not blaming players. It just seems a bit strange that Arsenal can afford to pay Ozil £18m a year (about 300k a week), but can't afford to pay 55 people what, I would guesstimate, to be £1.7m a year in total. Arsenal will pay Ozil more in the summer break than those 55 folks will earn in a year combined.Quote:
Originally Posted by ianto73
I remember thinking when Portsmouth were making scores of staff redundant a couple of years after the Final that the total of their salaries probably equated to a couple of players. If the staff at Arsenal were on an average of £30k pa that's equivalent to just over £30,000 per week - probably someone in the reserves.Quote:
Originally Posted by EastbourneBlue
how would they have to pay Ozil to buy him out of the contract though? More than £1.7 million I bet.Quote:
Originally Posted by CCFCC3PO
The whole thing does absolutely stink though, I'd be mortified if I was an Arsenal fan - keeping those 55 people paid for the next year would be an absolute pittance to the owner
Absolute disgrace. They're trying to sign a bloke on 200k a week but they can't pay their staff? Arsenal used to do the right thing.
They used to have 60,000 every home game with one of, if not, the most expensive season ticket in the PL. I appreciate they’ve lost income, like all clubs, due to Covid but come on, have some loyalty to those people, who are the heart and soul of your club. Their CE, was apparently on £2.5-3 million a year, so perhaps some of the highest earners could take a pay cut to help out the lowest paid.