Arsenal CEO Ivan Gazidis handed £919,000 bonus despite club's failure to qualify for Champions League

James Benge
Gazidis' earnings were largely unchanged despite Arsenal's worst season for two decades: David Price/Arsenal FC via Getty Images

Arsenal chief executive Ivan Gazidis received a bonus of nearly £1million this year despite the club’s failure to qualify for the Champions League.

The club’s annual report – released late last week – revealed a £919,000 bonus for the 53-year-old on top of a salary of £1.67million, with his total earnings for the year ended May 31, 2017 just over £2.6m.

His overall pay packet was marginally down on a year previously, where he earned £2.65m, but Gazidis remains one of the Premier League’s best remunerated executives.

Arsenal supporters are likely to raise the issue of Gazidis’ bonus at the club’s Annual General Meeting on October 26.

​Gazidis’ bonus is in line with the 2015-16 season despite the fact that Arsenal endured their worst campaign in 20-years, with Arsene Wenger’s side finishing fifth and missing out on the Champions League.

The Gunners did claim a 13th FA Cup win, beating Chelsea in the final, but Gazidis admitted in Arsenal’s annual report that the season had been a “disappointment”.

Off the field Arsenal increased turnover to more than £400m for the first time, earning a profit of £44.6m for the financial year.

However the club’s failure to extend the contracts of Alexis Sanchez and Mesut Ozil cast a pall over their summer, which had begun with Gazidis vowing to be a “catalyst for change” but saw opposition from Wenger lead to the search for a director of football being scrapped.