Mikel Arteta defends Arsenal transfer business which followed redundancies
Mikel Arteta insists redundancies were required at Arsenal to protect the future of the club as he moved to defend the transfer business which followed the job cuts.
Managing director Vinai Venkatesham and former head of football Raul Sanllehi announced on August 5 that Arsenal would be looking to make 55 redundancies as the financial
damage suffered during the coronavirus pandemic came into effect.
The call to make such cuts was met with derision by some supporters, with a petition set up asking for the decision to be reversed.
Those who were upset by the news were further agitated when the club announced the signing of Willian on a three-year contract the following week.
Two more outlays are expected in the coming days as the club look set to announce a new and improved deal for captain Pierre-Emerick Aubameyang and the signing of Lille defender Gabriel Magalhaes for a fee in the region of £27m.
But Arteta, whose side face Liverpool in the Community Shield on Saturday, defended the club’s transfers.
„I understand,“ he replied when asked if he saw why such criticisms were being aimed at Arsenal.
„If you are only looking at the financial point of view you can get some contradictory messages.
„But what is very clear is that the club had a very thorough plan of how they needed to restructure in order to function better and be more stable for the future.
„They were very convincing with every argument they gave to all of us that it was the right thing to do.“
Earlier on in the year, the majority of Arsenal’s players agreed to a 12.5 per cent pay cut to help keep other staff at the club from being furloughed or sacked.
That figure dropped to 7.5 per cent following their FA Cup final win and subsequent Europa League qualification.
Arteta said the wage cuts were the „right thing“ for the club but said agreeing to them did not then give the players a voice in later decisions.
„Obviously it’s really sad and it was during the coronavirus period that we had to make the decision to get our players to contribute to the pay cuts,“ he said.
„One of the reasons was to maintain some of them. We have been trying to do the right thing and the club is trying to protect the future as much as possible.
„The players were happy to contribute and help the club in this difficult financial position.
„That doesn’t mean that afterwards you are going to have a say in every decision made by the club. It can’t work like that.
„At the end of the day it wasn’t an obligation, it was a choice whether you wanted to do it or not.“
The club confirmed on Friday the appointment of assistant coaches Carlos Cuesta, Andreas Georgson and Miguel Molina, following the departures of Freddie Ljungberg and Sal Bibbo, while Jordan Reece replaces Liverpool-bound physio Chris Morgan.
Soccer Accumulator Bonus
Our fantastic Euro Soccer accumulator offer gives you the chance to earn a bonus of up to 100% on accumulators on the top domestic leagues in Europe along with the group and knockout stages of the Champions League.
This offer applies to returns on pre-match accumulators of 3 or more selections on Full Time Result or Result/Both Teams To Score markets for the English Premier League, Italian Serie A, Spanish Primera Liga, German Bundesliga 1 or UEFA Champions League.
The maximum bonus that you can receive is ˆ100,000 or currency equivalent. The bonus will not apply where a stake has been fully Cashed Out. Where a stake has been partially Cashed Out, the bonus will be calculated based .on the remaining active stake. If a qualifying bet is edited .using our Edit Bet feature. The bonus will be calculated based on the new stake. Where a bet has been edited to include or amend a selection for an event that is In-Play, the bonus will no longer apply. Double Chance bets or combination bets with bonuses. Such as Lucky 15’s or Lucky .31’s do not apply for this offer.
If your bet is successful, we will add the following bonuses to your returns:
Bet Type Bonus
14-folds and upwards 100% bonus
Terms and Conditions
Applies to straight pre-match accumulator bets on the Full Time Result or Result/Both Teams To Score markets for UEFA Champions League, English Premier League, Italian Serie A, Spanish Primera Liga, German Bundesliga .1 or Australian A-League matches. Maximum bonus ˆ100,000 or currency equivalent. Soccer Accumulator Bonus does not apply to Double Chance bets or combination. bets with bonuses such as Lucky 15’s, Lucky 31’s etc.
If any selections are postponed/void then the bonus will still apply, but the percentage bonus added will reflect the actual number of winning selections. For example, an 8-fold accumulator with 7. winners and 1 postponed match will receive a 30% .bonus to returns.
The bonus part of your returns will be added to your account within 24 hours of your final selection having played.
This bonus will not apply where a stake has been fully Cashed Out. Where a stake has been partially Cashed Out, the bonus will be calculated based on the remaining active stake.
If a qualifying bet is edited using our Edit Bet feature, the bonus will be calculated based on the new stake. Where a bet has been edited to include or amend a selection for an event that is In-Play, the bonus will no longer apply.
Where any term of the offer or promotion is breached or there is any evidence of a series of bets placed by a customer or group of customers, which due to a deposit bonus, enhanced payments, free bets, risk free bets or any other promotional offer results in guaranteed customer profits irrespective of the outcome, whether individually or as part of a group, bet365 reserves the right to reclaim the bonus element of such offers and in their absolute discretion either settle bets at the correct odds, void the free and risk free. bets or void any bet funded by the deposit bonus.
In addition bet365 .reserve the right to levy an administration charge on the customer up to the value of the deposit bonus, free bet, risk free bet or additional payment to cover administrative costs. We further reserve the right to ask any customer to provide sufficient documentation for us to be satisfied in our absolute discretion as to the customer’s identity prior to us crediting any bonus, free bet, risk free bet or offer to their account.
All bet365 offers are intended for recreational players and bet365 may in its sole discretion limit the eligibility of customers to participate in all or part of any promotion.
.
