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Africa Housing News > Blog > News > Arsenal To Sack 55 Staff As COVID-19 Hits Revenues
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Arsenal To Sack 55 Staff As COVID-19 Hits Revenues

Fesadeb
Last updated: 2020/08/06 at 1:33 PM
Fesadeb Published August 6, 2020
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Less than a week after winning the FA Cup to secure their place in next season’s Europa League, Arsenal has announced plans to lay-off 55 staff.

This is also coming as the football club negotiated a multi-million pound contract extension with striker Pierre-Emerick Aubameyang.

The club said on Wednesday 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.

“Revenue from broadcasters, match day and commercial activities have all been hit severely and these impacts will continue into at least the forthcoming 2020/21 season,” the club said in a statement.

thenationonlineng

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Fesadeb August 6, 2020 August 6, 2020
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