Arsenal cuts 60 jobs while Arteta earns 24 million euros a year
Arsenal must cut 60 jobs due to cost‑saving measures, a drastic step for the London club which employs around 800 staff, while coach Mikel Arteta (44) recently received a contract extension that will give him an annual salary of €24 million until 2030.
Financial pressure and staff reduction
The club aims to reduce its operational costs, which stand at €240 million. Cutting 60 positions is a direct response to this need. The decision came ten days after the announcement of Arteta's salary increase, making the timing particularly unfortunate.
Arteta's contract and public reaction
Arteta, who has been in charge of Arsenal since 2019 and led the team last season to a first league title in more than twenty years, signed a renewal last week with a hefty salary increase of more than €10 million. He stated: “In order to continuously improve ourselves, certain decisions must be made.”
Arsenal boss Mikel Arteta defends 60 firings after a hefty pay rise
The press asked critical questions about the combination of high salaries and staff cuts. Arteta replied that the club must continue to develop and improve, and that he himself will not feel a direct impact because his technical staff remains unchanged.
Arsenal's press officer barred further questions on the subject. The story was highlighted by Jordi De Koninck of Sport, with a “Last update” at 08:47 and a “WATCH” button for readers.
Although the layoffs present a difficult message, Arteta continues to emphasize that the right people must be placed in the right positions to safeguard the club's success.