As featured on NewsNow: Football news

Gazidis has staggering Arsenal break clause should Kroenke sell

Arsenal chief exec Ivan Gazidis has a bumper break clause in his current deal.

The Daily Mail says Gazidis will benefit to the tune of more than £5.5million if a change of ownership leads to his departure.

The revelation of a massive safety net for Gazidis, already one of the best paid club officials in English football, comes after majority shareholder Stan Kroenke turned down a £1billion takeover offer from Alisher Usmanov.

Kroenke has made it clear he is not selling but Usmanov's bid highlights the uncertainty surrounding Arsenal, with the future of manager Arsene Wenger still unclear ahead of Saturday's FA Cup final against Chelsea.

Video of the day:

About the author

Paul Vegas

×

Subscribe and go ad-free

For only $10 a year

  1. Go Ad-Free
  2. Faster site experience
  3. Support great writing
  4. Subscribe now
Launch Offer: 2 months free
×

Subscribe and go ad-free

For only $10 a year

Subscribe now
Launch Offer: 2 months free