'Morally indefensible': Morgan slams Arsenal's cost-cutting decision

‘Morally indefensible’: Arsenal’s ‘shameful decision’ to make 55 staff redundant is slammed by Piers Morgan as Ian Wright also hits out at club’s hierarchy with players left feeling ‘betrayed’ after taking pay-cuts

  • Arsenal had announced they are set to make 55 staff redundant this month 
  • Gunners are continuing to suffer financially during the coronavirus pandemic 
  • The move has inevitably been met with fury from big names and fans at Arsenal
  • Piers Morgan labelled Arsenal’s decision on Wednesday as ‘morally indefensible’ 
  • Arsenal stars were left feeling ‘betrayed and want talks with club’ after decision 

Arsenal’s decision to make 55 staff redundant this month has inevitably been met with fury by many, including Piers Morgan and Ian Wright.

On Wednesday, the Gunners announced they were to take cost-cutting measures by letting 55 members of staff go as the coronavirus pandemic continues to negatively impact the Gunners’ finances.

And following the controversial decision which has reportedly left Arsenal players feeling ‘betrayed’, Morgan heavily slammed the move from his club after their 14th FA Cup triumph last weekend.

Arsenal have been slammed for making 55 redundancies amid the coronavirus pandemic

Piers Morgan labelled Arsenal’s decision as ‘shameful’ and ‘morally indefensible’ on Twitter

Morgan took to Twitter: ‘Arsenal firing 55 staff when we’re owned by a multi-billionaire, have just made £££ by winning the FA Cup & qualifying for Europe, & pay Mesut Ozil £350k-a-week to sit on his a***, is morally indefensible & not what I expect from a club with our heritage. Shameful decision.’

Arsenal legend Wright, who scored 185 goals during his time in north London, also hit out at his former club’s decision.

On social media, he echoed a famous Arsenal saying from his great friend David Rocastle: ‘Remember who you are, what you are and who you represent!!!’

The Gunners’ playing squad and head coach Mikel Arteta took a 12.5 per cent pay cut each in April to safeguard the economic future of the club amid the pandemic.

Arsenal legend Ian Wright also took aim on social media on Thursday following the decision

And according to The Athletic, several of Arsenal’s first-team players are frustrated and disappointed in the club as they believed their voluntary wage cut was going to help save jobs.

Some Arsenal players, including highest-earner Ozil on a £350,00-a-week contract, refused to take the pay cut due to a lack of assurances of where the money was going.

The players who did take a pay-cut earned some of the money back when they won the FA Cup and qualified for the Europa League, a condition that was made when the pay-cut was decided.

And they Arsenal’s players want to hold talks with the club after feeling ‘betrayed’ by the club’s controversial decision. 

In a statement on Wednesday made by the club’s sporting and financial chiefs Raul Sanllehi and Vinai Venkatesham, they admitted the cuts were necessary in order to make sure they ‘operate in a sustainable and responsible way’ amid the crisis.

Sanllehi and Venkatesham also confirmed that investment in the first-team squad is a ‘key priority’ and that a 30-day consultation period will begin to determine the redundancies. 

Arsenal owner Stan Kroenke’s personal value has increased by £300million this calendar year 

The club statement read: ‘We do not make these proposals lightly and have looked at every aspect of the club and our expenditure before reaching this point.

‘We are now entering the required 30-day consultation period on these proposals. We know this is upsetting and difficult for our dedicated staff and our focus is on managing this as sensitively as possible.

‘Our main sources of income have all reduced significantly. Revenue from broadcasters, matchday and commercial activities have all been hit severely and these impacts will continue into at least the forthcoming 2020-21 season.

‘The pandemic represents one of the most challenging periods in our 134-year history and we have responded promptly by implementing wide-ranging measures to reduce our costs.

Arsenal players felt ‘betrayed’ by the decision having taken a 12.5 per cent pay cut each

‘These proposed changes are ultimately about ensuring we take this great football club forward, creating the right organisation for a post-Covid world, and ensuring we have the resources to return to competing effectively at the top of the game here and in Europe.’

The Gunners hierarchy came in for fierce criticism amid their recent FA Cup triumph which brought in increased revenue and the fortunes of Stan Kroenke – while Mesut Ozil continues to sit on £350,000-per-week.

Arsenal received a financial boost when they won the FA Cup, thereby qualifying for European football which earned them £2.6m in prize money. This could rise up to £41m, depending on how far the Gunners go in next year’s tournament.

Furthermore, Arsenal owner Stan Kroenke’s wealth has grown by £300m during 2020, according to American thinktank Billionaire Bonanza 2020. The American businessman is believed to be worth around £8.1bn. 




Share this article


Source: Read Full Article