Arsenal announces job cuts shortly after Arteta's contract extension

Arsenal plans to cut at least 60 jobs just five days after extending Mikel Arteta's contract to £20 million per year. The decision has raised concerns among staff, who face job insecurity despite the club's record revenue reaching £691 million and expectations of £800 million. Critics argue that cutting jobs among lower-paid employees contradicts the club's values and undermines the culture that Arteta has worked to build. The football department, which comprises a significant portion of club expenditures, will not see cuts. The news follows previous staffing reductions at other clubs, prompting fears of similar issues at Arsenal.

• 4:46 PMYahoo Sports — Arsenal cutting jobs just days after Mikel Arteta’s £80m deal is simply indefensible