Thursday, 15 October 2026

Arsenal’s Redundancies and the Real Face of Football Under the Billionaires

 The announcement that Arsenal Football Club intends to axe up to 60 jobs just months after winning its first league title in 22 years and posting record revenues is a devastating exposure of the class logic governing modern football. It reveals, with clinical clarity, billionaire ownership's priorities and the ruthless mechanisms through which capital restructures every sphere of social life, including the world’s most popular sport.

On October 14, chief executive Richard Garlick informed staff that dozens of commercial, administrative and operational workers would be made redundant. The coaching staff, first‑team performance departments, academy, Arsenal Foundation, security teams and the women’s football set‑up were exempt. Instead, the axe falls on the ordinary workers who keep the club functioning: ticketing staff, retail workers, office administrators, and back‑office personnel. These are not high‑earning executives or elite athletes. They are workers on modest wages in one of the world's most expensive cities, facing a cost‑of‑living crisis that has already pushed millions to the brink.

The timing of the announcement is no coincidence. It clearly reflects the priorities of Kroenke Sports & Entertainment (KSE ), the American conglomerate that owns Arsenal. The club has just completed one of the most successful seasons in its modern history, recording record revenues of £691 million for 2024/25 and an overall loss of just £1.4 million, effectively breaking even. A week before the redundancies were announced, manager Mikel Arteta signed a new contract reportedly worth £20 million a year, making him the Premier League’s highest-paid coach. Over the summer, Arsenal spent £150 million on Christos Tzolis, Bruno Guimarães and Ezri Konsa.

The club’s wage bill through May 2025 was £346.8 million. Even if all 60 workers earned £50,000—a generous assumption—the total savings would be around £3 million: less than 1% of the wage bill and a fraction of a single star player’s annual salary. The cuts are not financially necessary; they are a political and class decision.

The Consultants’ Axe: Manufactured Inevitability

The redundancies did not emerge organically from the club’s internal operations. Arsenal hired management consultants from Boston Consulting Group (BCG) to review operations and identify “efficiencies.” BCG is a global firm whose interventions in corporations and governments routinely end in job losses. Its presence is a warning sign in any workplace. It provides owners with a veneer of technocratic legitimacy: the cuts are not the owners’ decision; they are the result of an “audit,” a “review,” a “recommendation.”

This is a familiar tactic. In 2020, during the pandemic, Arsenal made 55 staff redundant, including Jerry Quy, the long-serving employee who played the club mascot Gunnersaurus, even after first-team players took a 12.5 per cent pay cut on the understanding that staff jobs would be protected. The pandemic is long over, revenues have soared, and the club is richer than ever. Yet the same owners are wielding the same axe.

The statutory “consultation” process now under way is a legal formality. It gives management a procedural framework to implement decisions already made. It does not give workers a veto. It does not provide democratic control. It manages dissent and absorbs anger.

Football Under Capital: A System of Extraction

Arsenal is not an isolated case. Under Sir Jim Ratcliffe, Manchester United has cut hundreds of jobs in successive rounds of restructuring. Workers were told the club was facing ruin, even as vast sums continued to flow into transfers and stadium plans. Across the Premier League, revenues from broadcasting rights, sponsorship deals and ticket prices, which increasingly price working-class fans out of the grounds, continue to climb. Yet the workers who sell the shirts, staff the offices, maintain the stadiums and keep the clubs functioning are treated as expendable.

A draft “State of the Game” report from the new Independent Football Regulator found that 94 per cent of clubs in England’s top five divisions lost money last season, despite combined revenues of around £9 billion. Clubs spend this money on transfer fees, star salaries, and servicing debt. Rising player-asset values enrich owners, while ordinary staff bear the risk. “Losses” on paper sit alongside billion-pound valuations. The British state-established regulator does not challenge this arrangement. Its purpose is to stabilise it.

Football is now fully integrated into the global financial system. Clubs are treated as assets whose value is measured not by their social role or community significance, but by their ability to generate revenue streams, attract global sponsorships, and appreciate. Billionaire owners do not view clubs as institutions rooted in working‑class communities. They see them as vehicles for accumulating capital.

The Class Logic of Arsenal’s Cuts

Arsenal’s operating costs have risen sharply from £148 million to £201 million, and wages continue to climb. The club has posted losses for seven consecutive years, despite record revenues. Ownership is using this to justify restructuring. But the cuts target only the lowest‑paid workers, not the structural drivers of cost.

The logic is simple: invest heavily in the asset (the squad), and ruthlessly cut the labour that doesn't directly generate market value. The workers being made redundant do not increase the club’s valuation. They do not attract global sponsorships. They do not produce highlight reels or social media engagement. They are therefore expendable.

This is capital's logic in every industry. It has driven mass layoffs across technology firms, media companies, logistics giants, and public services. It has produced record profits for corporations and record hardship for workers. Football is not immune. It is a microcosm of capitalism's broader crisis.

The Anger of Supporters  and Its Limits

Many supporters reacted with anger. On fan sites, many pointed out that a single top player earns in a week what several of the threatened workers earn in a year. Others asked whether the consultants’ fees cost more than the jobs being cut. The anger is justified. But it cannot be channelled into appeals to the “Arsenal family” or to the goodwill of billionaires.

KSE’s purpose is not to run a community institution. Its purpose is to increase the value of a global sports asset alongside the Kroenke family’s other franchises. It is not accountable to supporters. It is not accountable to workers. It is accountable only to capital.

What Is Needed: Independent Organisation and Democratic Control

The 60 Arsenal workers should not have to fight this alone or rely on a management-controlled consultation process. They need their own independent rank-and-file committee: a democratic body, free from management and trade union bureaucracy, and able to organise collective resistance. The committee should demand: No job cuts. Full pay for all workers. Publication of the BCG report, consultant contracts and ownership finances. Solidarity from matchday staff, stewards, supporters and workers at other clubs facing similar cuts.

Players, staff, and millions of working people who pay for tickets, subscriptions, and merchandise produce football's wealth through their labour. As long as billionaires own the sport and run it for profit, every record revenue figure will be followed by another round of “efficiencies” for those at the bottom.

Defending these jobs is part of a broader struggle: to take football and the economy out of the hands of the financial oligarchy and put them under democratic control. Arsenal’s redundancies are not an isolated event. They are a symptom of a system that prioritises profit over people, valuation over community, and capital over labour.