LONDON - Less than a week after winning the FA Cup to secure their place in next season's Europa League and as they negotiate a multi-million pound contract extension with striker Pierre-Emerick Aubameyang, Arsenal have announced plans to layoff 55 staff.
"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 club said in a statement. "These steps have all reduced the impact of the pandemic on the club and have helped us continue to maintain investment in the team. This will continue to be a key priority."
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