Ian Wright hits out at Arsenal following redundancy decision

Arsenal legend Ian Wright has hit out at his former club following their decision to make 55 staff members redundant.

Wright took to social media to share his thoughts after the FA Cup winners made the announcement on Wednesday. Arsenal credited the effects of the coronavirus pandemic on finances as the reason for the redundancies.

“Remember who you are, what you are, and who you represent”, warned Wright as he retweeted Arsenal’s post.

“Our main sources of income have all reduced significantly”, Arsenal said in their statement.

“Revenue from broadcasters, matchday and commercial activities have all been hit severely and these impacts will continue into at least the forthcoming 2020/21 season.

“The pandemic represents one of the most challenging periods in our 134-year history. We have responded promptly by implementing wide-ranging measures to reduce our costs.

Arsenal propose 55 redundancies

“Our players, senior football staff and executive team have volunteered pay cuts. We have stopped pretty much all of our capital spending, and our discretionary operating expenditure has been strictly controlled.

“It is now clear that we will be facing more significant and longer-lasting reductions in our revenue than we all hoped.

“Current indications are that we will not have fans back at Emirates Stadium for the start of next season. Fans will only be able to return in limited numbers after that. The global economic projections are also very negative.

The statement continued: “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.

“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.

“This is upsetting and difficult for our dedicated staff and our focus is on managing this as sensitively as possible.”

Arsenal’s decision has been met with widespread anger from both fans and critics alike. The club say the cost-cutting measures will allow them to work on their squad. They are reportedly undergoing contract negotiations with Chelsea’s Willian and his salary is expected to be more than £150,000 per week.

Arsenal’s top earner is Mesut Ozil who is on £350,000 a week.

They are the first Premier League club to announce major job losses.

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Author: Marisa Kennedy

Marisa is a Digital Journalist with Pundit Arena. You can contact her at marisa@punditarena.com or on Twitter View all posts by Marisa Kennedy