Arsenal to cut 60 jobs despite posting record £691 million revenue

Arsenal is preparing to dismiss 60 employees across multiple areas as part of a cost-saving strategy, despite having achieved a record £691 million turnover for the 2024-25 financial year. The club’s February financial release indicated a marginal overall loss of £1.4 million, but highlighted a £45 million jump in commercial revenue to £263.2 million, driven largely by the sale of naming rights for its training complex to Sobha Realty.

A consultation process with staff is currently in progress, and the final outcome may be adjusted. The redundancy plan was disclosed after Arsenal secured a 3-0 Champions League victory over Lille, with goals from Jurrien Timber, Eberechi Eze and Bukayo Saka. Manager Mikel Arteta dedicated the win to the recently deceased club president Ken Friar, praising his lasting influence on the organization. Arsenal’s next fixtures include a Premier League clash at the City Ground against Nottingham Forest and a recent league win over Leeds United.