Arsenal announce redundancies and financial issues

[ninjamonkey]

So we have rules and sanctions in place to stop wealthy owners pumping their own cash into the club they own but there’s nothing to stop a club with the highest season ticket prices in the country (and probably the world) from making 55 people redundant even after the players took a pay cut to avoid such action and are reportedly offering players weekly wages that would cover the entire 55 people to sign for them? Seems about right... why aren’t the authorities looking into this and asking where the money is?

 

[lonestay]

That's why I can't see Pep going anywhere next year, the politics at other clubs throughout Europe must get annoying after awhile . Whereas at city it must seem like utopia!

 

[lonestay]

Nobody is going to ask questions of Arsenal's finance because they dont really want the answer .

 

[Keeper!]

A "proper" club.

 

[Keeper!]

That's why I can't see Pep going anywhere next year, the politics at other clubs throughout Europe must get annoying after awhile . Whereas at city it must seem like utopia!

And, not many clubs could afford him, as well as giving him a decent transfer budget.

 

[Colin Bells Boots]

So we have rules and sanctions in place to stop wealthy owners pumping their own cash into the club they own but there’s nothing to stop a club with the highest season ticket prices in the country (and probably the world) from making 55 people redundant even after the players took a pay cut to avoid such action and are reportedly offering players weekly wages that would cover the entire 55 people to sign for them? Seems about right... why aren’t the authorities looking into this and asking where the money is?

Teams playing in red are exempt from the rules subjected upon well run clubs ?

 

[bobbyowenquiff]

Nobody is going to ask questions of Arsenal's finance because they dont really want the answer .

With Kia Joorabchian involved perhaps they should re-name the stadium The Money Laundromat.

 

[KS55]

With Kia Joorabchian involved perhaps they should re-name the stadium The Money Laundromat.

KJ is the worst kind. Clubs always regret falling for his super agent bollocks.

 

[heslops barnet]

Non-football related staff per club according to last accounts:

Liverpool – 675
Man U – 549
Arsenal – 547
Arsenal – 492*
Spurs – 317
Chelsea – 283
Man City – 239

*following the 55 redundancies

 

[TFC]

A 'proper' club, run the 'proper' way. Hope we can be like them one day.

FFS.