Chief Executive Officer of Arsenal Ivan Gazidis talks during an interview with Reuters in his office in London June 1, 2011. REUTERS/Suzanne Plunkett
(Reuters) - Arsenal have defended a 40 percent increase in the bonus paid to chief executive Ivan Gazidis, whose overall financial package is now 2.65 million pounds.
The issue was raised at the club's annual general meeting on Monday, when chairman Chips Keswick said Gazidis was doing a "first-class job" and deserved the $1.35 million bonus despite Arsenal failing to win the Premier League since 2004.
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