60 jobs on the line after Arteta's mega-deal! Arsenal's cost-cutting move raises eyebrows

The club could save £5–7m a year while the manager's new package is reportedly worth up to £25m annually
Football news
Photo by Julian Finney/Getty Images Photo by Julian Finney/Getty Images

The contrast between Arsenal's boardroom decisions could hardly be more striking.

Details: Arsenal are preparing to cut up to 60 jobs following a wide-ranging review of the club's operations. The restructuring is expected to affect mainly off-field and administrative roles, while the men's and women's first-team coaching and performance departments, academy and community operations are among the areas reported to be protected. The measures are expected to reduce annual costs by approximately £5–7 million.

The timing has attracted particular attention because the announcement came shortly after Mikel Arteta agreed a new long-term contract with Arsenal until 2030. Reports on the Spaniard's remuneration differ: several British sources put his annual salary at around £20 million, while other reports value the complete package at up to £25 million per year.

At the maximum reported figure of £25 million, Arteta would earn roughly £68,500 per day. For comparison, a person earning £30,000 per year would need more than two years of work to receive the equivalent of a single day of income at that rate. The comparison has inevitably intensified discussion around Arsenal's decision to reduce staff numbers.

It is worth noting that Arsenal recorded club-record revenue of around £691 million for the 2024/25 financial year while reporting a relatively small £1.4 million loss. At the same time, operating expenses reportedly increased from £148 million to £201 million, providing important context for the club's ongoing cost review.

Reminder: Attention on the Santiago Bernabéu star. Arsenal are monitoring the situation around Real Madrid winger

Steven Perez Steven Perez Dailysports's expert
Comments
Only registered users can post and reply to comments
Daily Sports News, Predictions and Live Scores