Arsenal balls: Ivan’s pay eclipses all
Money in football is always a news story to get people angry and agitated. The BBC says Arsenal chief executive Ivan Gazidis will face “intense questioning from shareholders” over his salary .
The BBC says he earns £2.65m a year. Better perhaps to break his salary down into weekly components, much as the media does for players. It’s about £51,000 a week.
The Daily Mail picks up the story. “Arsenal chief executive Ivan Gazidis faces flak over £1m jackpot,” says the headline. Charles Sale tells of Ivan’s “extraordinary” salary. Is it that extraordinary?
In 2014, the HuffPost told us Daily Mail editor Paul Dacre earns a basic £1,311,975 salary and a £500,000 “supplement” for each full year he completes after his 60th birthday. The Mail’s chief executive earns over £2m a year.
So what is extraordinary about a top executive at a large company earning such a sum?
The Mail told readers in March 2016, Aston Villa’s chief executive Tom Fox earned £1.25m.
Maybe Ivan’s being underpaid.
In 2016, the Guardian reported: “UK’s top bosses received 10% pay rise in 2015 as average salary hit £5.5m.” (Guardian chief David Pemsel gets a £600k salary.)
Sale then takes a flight of fancy:
The Emirates Stadium summit…is normally used by Arsenal fans to interrogate manager Arsene Wenger about his transfer plans. But with the Gunners joint top of the table, Gazidis will be in the firing line instead.
Fans will more worried about the chief exec’s pay than they will playing matters?
No. They won’t be.