Premier League champions Arsenal plan to cut 60 jobs in a cost-saving drive despite record revenues.
English Premier League club Arsenal has informed employees of a plan to cut about 60 jobs in a major cost-saving drive. The decision comes barely a week after manager Mikel Arteta signed a lucrative new contract running until June 2030.
The surprise restructuring initiative affects multiple departments across the club, arriving just months after the Gunners secured their first league title in 22 years. A formal consultation process is currently underway and the final decisions remain subject to change.
According to information published by punchng, the club is pursuing this operational review despite posting encouraging financial results and record revenues for the recent campaign under the ownership of Kroenke Sports & Entertainment.
Arsenal Financial Position and Record Revenues
The restructuring plan comes despite the club maintaining a remarkably strong financial position off the pitch. In February, official accounts filed at Companies House revealed an overall loss of just £1.4 million alongside record revenues reaching £691 million.
The biggest financial rise came via commercial income, which jumped significantly from £218.3 million to £263.2 million. This commercial boost was substantially aided by a lucrative training ground naming-rights deal with Sobha Realty.
Unaffected Departments and Staff Protections
Despite the planned job cuts affecting several areas across the organisation, club officials have confirmed that key operational and technical departments will remain completely untouched by the restructuring measures.
The protected areas include the coaching staff, performance backroom teams for both men's and women's squads, the academy, and the club's community operation. Additionally, the Arsenal Foundation, security personnel, and workers dedicated specifically to the women's setup are safe.
Manager Mikel Arteta Contract and Recent Success
The cost-saving announcement follows a historic period of sporting achievement under the leadership of manager Mikel Arteta. Last season, the Spanish coach led the club to its first Premier League title in over two decades, ending a long drought.
In addition to domestic success, Arsenal reached the Champions League final, where they ultimately lost to Paris Saint-Germain on penalties. On October 7, the club announced a contract extension for Arteta until 2030, making him the highest-paid coach in the league.
Previous Redundancies Under Kroenke Ownership
These proposed reductions represent the second round of large-scale job losses implemented since Kroenke Sports & Entertainment took full ownership of the North London club.
In August 2020, the club previously proposed 55 redundancies, citing the severe financial fallout of the COVID-19 pandemic. The latest structural review aims to streamline operations following a period of high performance both on and off the pitch.
Frequently Asked Questions
Why is Arsenal cutting 60 jobs?
Arsenal is cutting approximately 60 positions as part of a broader cost-saving drive and operational review following a strategic assessment by the club management.
Are Mikel Arteta and the coaching staff affected by the cuts?
No, the coaching staff, men's and women's performance backroom teams, the academy, and community operations are completely unaffected by the restructuring.
What were Arsenal's recent financial results?
Arsenal reported record revenues of £691 million and an overall loss of just £1.4 million for the 2024-25 campaign, driven largely by increased commercial income.
When did Kroenke Sports & Entertainment take full ownership?
Kroenke Sports & Entertainment previously enacted a round of 55 redundancies in August 2020 due to the pandemic before initiating the current review.
