Arsenal to sack 55 staff as COVID-19 hits revenues


  • Football
  • Wednesday, 05 Aug 2020

FILE PHOTO: Soccer Football - Premier League - Arsenal v Manchester United - Emirates Stadium, London, Britain - January 1, 2020 General view of the corner flag inside the stadium before the match REUTERS/Toby Melville

(Reuters) - Less than a week after winning the FA Cup to secure their place in next season's Europa League and as they negotiate a multi-million pound contract extension with striker Pierre-Emerick Aubameyang, Arsenal have announced plans to layoff 55 staff.

The club said on Wednesday that the cuts were the result of the financial impact of the COVID-19 pandemic. The announcement sparked an immediate social media backlash from fans contrasting the huge sums involved with keeping key players to the lost jobs of staff at the north London outfit.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Football

Soccer-Criticism part of life at Manchester United, Fernandes says
Soccer-French President Macron scores penalty in charity match
Soccer-Klopp apologises to Liverpool supporters after huge blow to title hopes
Soccer-Mateta double fires Palace to win over Newcastle
Soccer-Atalanta thrash Fiorentina to set up Coppa Italia final against Juventus
Soccer-Xavi to continue as Barcelona manager, LaLiga club confirms
Soccer-Fernandes digs Man Utd out of hole in win over Sheff Utd
Soccer-Everton deal Liverpool big blow with shock 2-0 derby victory
Soccer-Bournemouth back to winning ways with 1-0 victory over Wolves
Soccer-PSG close in on title with 4-1 win at Lorient

Others Also Read