Arsenal chief executive Gazidis sees jump in pay

Following the release of Arsenal’s financial figures last week, which showcased some impressive profit margins, it has been reported that the Gunners’ chief executive Ivan Gazidis saw his earnings rise considerably last season.

Indeed, the Daily Mail reports that his annual wage of £2m for the 2010-11 season was a near record high for a football chief executive, with only Manchester City’s then-CEO Garry Cook earning more. In comparison, big-spending Chelsea are said to have only awarded their CEO Ron Gourlay £917,000.

Gazidis took his position at Arsenal in January 2009 having previously been employed by Major League Soccer in the United States. Born in South Africa, Gazidis grew up in Manchester and moved to the United States in the early 1990s.

The news may anger some Arsenal fans who have seen their club hamstrung by the losses of star players Samir Nasri, Cesc Fabregas and latterly Robin van Persie in recent years.

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