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Impact of Corona Pandemic, Arsenal Will Lay Off 55 Employees

London

Arsenal inevitably have to do financial tightening impact coronavirus pandemic. The Gunners plan to reduce 55 employees ahead of the 2020/2021 season.

the impact of the pandemic that had taken place since the beginning of the year had made many parties disrupted by the wheels of the economy, including European football clubs. Barcelona, ​​Atletico Madrid, and Juventus, which in fact are rich clubs have even cut the salaries of players.

Barcelona cuts the salary until next season. The lack of revenue from spectator tickets at the stadium is the reason. Moreover, sales of club merchandise also declined because many fans were likely affected by the economy.

Clubs have to do financial tightening, one of which is Arsenal. Although the players and coaching staff voluntarily cut their salaries, the club’s finances are still seriously disrupted because of this pandemic.

Moreover, Arsenal are the club with the highest season ticket prices so that the absence of the audience will be very influential. Therefore, management inevitably has to lay off about 55 employees in order to maintain the financial wheels of the club.

“Our aim is to protect the work and salaries of our employees for as long as possible. Unfortunately, we have to start planning the layoffs of 55 employees,” said the club’s official statement signed by Club Sports Director Raul Sanllehi and managing director Vinai Venkatesham.

“We have carefully paid attention to all aspects of the club and also income before making this decision. Now we are entering the consultation stage for the next 30 days.”

These 55 layoffs certainly make employees Arsenal doubtful of being able to give a new contract to Pierre-Emerick Aubameyang and sign Willian this summer. But, management makes sure the plans for the first team keep going.

“We also have full financial support from our owner, Kroenke, Sports & Entertainment in terms of rescheduling stadium debt.”

“All the steps we take are to reduce as much of the pandemic effect as possible to this club and help us to maintain investment in this team. This will always be the club’s top priority.”

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