• Club feeling impact of Covid-19 on revenue
  • Arsenal have also refinanced stadium debt

Arsenal have announced they are to make 55 redundancies due to the effects of the coronavirus pandemic on the club’s finances.

In a statement issued by the club’s head of football Raul Sanllehi and managing director Vinai Venkatesham, they pointed to severe drops in broadcast revenue as the main reason for the plan.

Related: Men's transfer window summer 2020 – all deals from Europe's top five leagues

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