Arsenal Plan 60 Job Cuts Despite Record Revenue

Arsenal have reportedly informed employees of plans to cut about 60 jobs as part of a cost-saving drive, despite recording record revenues and enjoying success on the pitch.

According to The Athletic on Wednesday, the Premier League club intends to make around 60 positions redundant across several departments, although the proposals remain subject to consultation and could change.

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The report stated that the club’s coaching staff, the men’s and women’s performance backroom teams, the academy, community operations, Arsenal Foundation, security personnel and staff dedicated to the women’s setup would be unaffected.

The proposed cuts come despite Arsenal’s strong financial performance during the 2024-25 financial year. In February, the club reported an overall loss of £1.4 million while recording record revenues of £691 million, according to accounts filed at Companies House.

Commercial income accounted for a significant share of the growth, rising from £218.3 million to £263.2 million, partly due to the naming-rights agreement for the club’s training ground with Sobha Realty.

The development also comes shortly after manager Mikel Arteta signed a new contract running until June 2030. Arsenal announced the agreement on October 7, with reports suggesting that the deal makes him the highest-paid manager in the Premier League.

On the pitch, Arteta guided Arsenal to their first Premier League title in 22 years last season, while the club also reached the UEFA Champions League final, where they lost to Paris Saint-Germain on penalties.

Despite the sporting success and improved financial figures, the proposed redundancies would represent another significant round of job cuts under Kroenke Sports & Entertainment’s ownership.

In August 2020, Arsenal proposed making 55 employees redundant, citing the financial impact of the COVID-19 pandemic.

The latest plans form part of a broader review of the club’s operations, with the proposed reductions expected to affect several departments. However, the final number of job losses will depend on the outcome of the ongoing consultation process.