Ivan Gazidis earns £2.1m. More then ALL the Chelsea directors

Ivan Gazidis earned a massive £2.1million last season.

While the Arsenal failed to win a trophy for the seventh season in a row, the Gunners’ chief executive saw his pay package swell by 24 per cent to £2.15m in 2011-12.

Of that huge total, £1.366m was basic salary with a bonus of £675,000, benefits of £9,000 and pension contributions of £100,000.

Most clubs are yet to file accounts for last season but in 2010-11 Chelsea paid £2.155m to ALL their directors.

The highest paid – believed to be chief exec Ron Gourlay – received ‘only’ £917,000.

Manchester United’s highest paid director in 2010-11, chief executive David Gill, enjoyed a package of £2.067m.

The only Premier League executive who earned more in 2010-11 than Gazidis did last season was Manchester City’s Garry Cook, who trousered £2.204m.

Gazidis can at least point to impressive financial results.

So now we know why Mr Gazidis likes to make a profit and where the money from the sales of Cesc, Nasri, Toure, Clichy, Adebayor and Van Persie went.

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Comments

  1. leviticus okine says:

    in gazidis pocket.he should concentrate and win trophies and he will the enjoy a massive pay rise…..

  2. Ayo says:

    Nice piece, but i think we should wait for the financial reports of the other to clubs for 2011-12, which is the most appropriate basis for comparism. or why not compare with the figures of the same year. that will inform us better. thank u

  3. Brett says:

    …or Arsenal are a hugely profitable business so the CEO deserves a decent bonus because of that.

    This article is sensationalist pap. Chelsea are massively unprofitable so why would you expect their execs to be as well paid for losing the company money?

  4. GoonerDave says:

    It is only fair to ask why he received a pay rise, before jumping on the bandwagon.
    For all you or I know, Gazidis had an automatic pay rise built into his contract, or maybe he met/bettered his targets for the year?
    Gazidis is employed by the club as CEO. That is off-pitch executive power. You cannot knock Gazidis for our lack of silverware, his duties are elsewhere. Conversely, should we win something, Ivan cannot expect to be praised for it.
    Im as curious as anybody as to how Ivan got a pay rise, but Id like to examine all the facts before making judgement. Anybody can re-hash tabloid headlines – had you taken the time to do a little research before passing judgement, perhaps a worthy debate would have been the result, instead of guess work and opinions devoid of all the facts.
    Lets find out why the man got a pay rise, and discuss it.

  5. shina Adefila says:

    This Club Arsenal will never win trophies again with this attitude of Ivan Gazidis, Money !!!

  6. SurreyGunner says:

    Good article, while Arsenal remains profitable because of player sales. Arsenals commercial position remains very poor in comparison with international and national comparison. I dont mind people getting pay rises, but they have to be linked to performance.

    As usual if you want to read a detailed analysis of Arsenal’s financial figures please read the Swiss rambler who highlights the issues Arsenal has had http://swissramble.blogspot.co.uk/.

  7. Kofi says:

    So shd Chelsea, Manu and City continue to borrow to pay salaries even though they are running loses and winning some or no trophies . Remember Manu went trophyless and have bag enough goals against this season.

  8. Umar says:

    Am i d only one not ok wit dis Pay rise??? They keep makin money Available to themselves while our best players go 2 oda clubs to get d kinda Pay dey deserve!

  9. Norge says:

    You may have a valid point and all, but I strongly suggest you learn the difference between “then” and “than” when trying to make a point. I lose interest straight away when I see a quite obvious typo/misconception in the headline of an article.

  10. Samson Okpe says:

    Da kind of nonsence goin on at d emirate is dictatorial.Arsenal hav bn hijack by a certain click/sect/cult.Worse still,i’ve nt seen any real drive by gunners fan in London 2 stop dis madness.Man u nd Chelsea fans ll not tolerate wht is happenin at arsenal.Imagine,Gazidis nd Wenger re givin demselves outrageous pay rise while d club is trophyless for 7yrs.

  11. Fevzi of Surrey says:

    How lucky is Ivan not to have a bonus which is dependent on performance, which is normally the case for every other Tom Dick n Harry… I think the rationale for bonus payment should be what have we won trophy wise since he has come to the club. Scary really as imagine if we won something how much he would receive??

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