8 Hrs
Source:
الاقتصادية
Arsenal to cut 60 jobs after record revenues
Arsenal Football Club's management is planning to cut around 60 jobs as part of their cost-reduction and organizational restructuring efforts, despite the club achieving a record revenue of £691 million for the 2024-2025 financial year and winning the league title for the first time in 22 years. This move aims to enhance financial sustainability, with exceptions made for technical and coaching staff, and targets positions not directly related to athletic performance. The decision coincides with the renewal of coach Mikel Arteta's contract until 2030 and comes amid rising operating costs and wages, despite increased revenues, all in a bid to improve the club's financial efficiency.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)