Arsenal announce redundancies and financial issues

[Gareth Barry Conlon]

I said a while back we have no idea how clubs will cope with what is going on. They all have a different mix of supporter / match day income and sponsors. And the cash flow of clubs is pretty murky at the best of times. We should keep our heads down as much as possible and see where we are in 6 or 12 months time. Loads of clubs wont survive this - how high up the league it goes we will have to see.

 

[doobyedoobye]

The billionaire owners are billionaires for a reason

 

[feedmpenzaandhewillscore]

Hope this isnt a stupid question....

We will be hit with the same/similar issues...in light of FFP etc, where do we stand in relation to Sheik Mansour etc helping with this sort of financial help. Is he, or ADUG able to supplement this kind of loss of revenue?

Ask Der Spiegal they have a good handle on our incomings and out goings apparently.

 

[jonmcity]

The US export corporate looters, that buy and pillage businesses for profit, leaving it struggling under new unsuspecting owners, that were taken in by the EBITDA growth figures, that were manipulated by slashing costs and selling all the best assets, leaving the operation in tatters. Legalised piracy.

 

[Nellies left peg]

Ozil on 350k a week and not even in the squad will go down well when these poor buggers get their p45. Shameful from the wankers

 

[Tb1981]

Simple
If the players let this happen then they along with the management are an absolute disgrace
These guys earn obscene money (more than they need) and if they can’t work together as a club to sort this out then they all are ****s of the highest order
Money is in the game it’s just spent very badly
I’m not an arsenal fan but I’m so angry at them

 

[Tb1981]

Willian at 130k a week for the year is 6.76 million.

They could pay 225 staff at 30k for the next year.

Instead they fuck off 55 citing this virus.

Its disgusting.

I wonder where the scum journos articles will be about this?

It’s an excuse
ProbAbly all match day workers

 

[Tb1981]

American owners just don’t give a fuck
That’s for any American owned business
Shameful

 

[JGL07]

Yes but they are sacking staff ‘organically’.

I’ll bet that’s a comfort for those dismissed.

 

[Blu1]

Sad this. Shame fans can’t contribute not just down to players at times like this