Thursday, January 07, 2021
Credit despite million transfers
Arsenal FC receives state aid
More than 50 employees have to leave, the highly paid football professionals forego their salaries and Arsenal FC? He goes shopping. A few weeks ago, despite the Corona crisis, he signed a player for a lot of money. That now seems to be taking revenge.
The English football club Arsenal FC receives state financial aid to cushion the economic damage caused by the corona pandemic. The Gunners will receive £ 120m in the short term, which will be repaid to the Bank of England by May 2021. That corresponds to the equivalent of 133 million euros. "Numerous other large companies and organizations – including those from the sports sector – have already followed this approach," said the club.
The club had already announced plans in August to cut up to 55 jobs. To prevent this, the professionals had waived part of their salary. In addition, owner Stan Kroenke provided additional funds. The fact that the Gunners had signed defensive player Thomas Partey from Atletico Madrid for 50 million euros in October brought them plenty of criticism.
Arsenal, who haven't played in the Champions League for the past four years, could take a top earner off their payroll in the coming days. Former German international Mesut Özil, who collects 350,000 pounds a week in London, is said to be on the list at the Turkish club Fenerbahce Istanbul.
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