The Gunners’ transfer plans remain the same despite redundancy being proposed to 55 members of staff.
Arsenal’s transfer plans remain unchanged following the confirmation that the club have proposed redundancy to 55 members of staff.
The announcement came from a joint-statement by Raul Sanllehi and Vinai Venkatesham who confirmed the Gunnners will now be entering the required 30-day consultation period on these proposals due to the financial impact of the coronavirus pandemic.
While this came as unwelcome news, it was also confirmed in the statement that the “received significant financial support” from Kroenke, Sports & Entertainment and that investment in Mikel Arteta’s team remains a “key priority”.
“Our aim has been to protect the jobs and base salaries of our people for as long as we possibly can. Unfortunately, we have now come to the point where we are proposing 55 redundancies,” the statement from Sanllehi and Venkatesham read on the official club website.
“We do not make these proposals lightly and have looked at every aspect of the club and our expenditure before reaching this point. We are now entering the required 30-day consultation period on these proposals.
“We know this is upsetting and difficult for our dedicated staff and our focus is on managing this as sensitively as possible.”
Taking the action of proposing redundancy to 55 members of staff follows the positive end to the 2019/20 campaign which saw Arsenal guarantee Europa League football for next season with their 2-1 win over Chelsea in the FA Cup final.
As well as a place in the 2020/21 group stages – which begin on October 22 – the Gunners are to receive at least £30million in payments from UEFA and matchday revenue.
Furthermore, the victory meant the players, coaches and head coaches who endured a 12.5% pay cut, had that cut to 7.5% – some of which going into the transfer fund.
In regard to the specific areas that are being targeted, central midfield remains an area to address for Mikel Arteta with Thomas Partey and Dani Ceballos still prime candidates.
Elsewhere, the Spaniard is also looking to strengthen in central defence, with interest in free agent, Malang Sarr genuine.
Despite the financial boosts from Europa League qualification and the unfortunate decision made to let staff members go, trimming the playing squad will still prove key.
Especially if defensive reinforcements are to be made as there are currently seven [David Luiz, Sokratis, Shkodran Mustafi, Rob Holding, Calum Chambers, Pablo Mari and Willian Saliba] in the first team.