(Credit: Imago)
(Credit: Imago)

Arsenal file official documents confirming important exit

James Murray

James holds a degree in Sports Journalism and Communications (MA) from the Real Madrid Graduate School. He has experience working for a number of local news outlets as well as the Sunday Mirror and Real Madrid TV. James is from Scunthorpe and has an affinity with Scunthorpe United, but is also a huge West Ham supporter and an expert on all things to do with the Hammers. He started working for Breaking Media in July 2023, initially writing on the Club Sites, where he specialised in West Ham content, before moving to Football Insider – where he is now an expert in football finance, speaking regularly with Stefan Borson and Keith Wyness to generate high-quality content in all things related to finance in the Premier League, Football League, and Scottish Premiership.

Published on

Arsenal have confirmed Tim Lewis has left his role as a director at the Emirates Stadium. 

A Companies House submission on Wednesday (24 September) revealed Lewis’s position on Arsenal’s board has now been officially terminated. 

Lewis, whose latest role at the Emirates was as executive vice-chair, has advised owner Stan Kroenke on his investments in the Gunners since 2007. 

In a statement last week, Arsenal confirmed Richard Garlick has been promoted from managing director to chief executive with immediate effect. 

It comes after Andrea Berta was appointed as Arsenal’s new sporting director earlier this year following the departure of Edu Gaspar last November. 

Andrea Berta
Andrea Berta was appointed as Arsenal's sporting director earlier this year (Credit: Imago)

Arsenal fans rage at Ben Winston appointment

As part of the boardroom reshuffle, co-chair Josh Kroenke is expected to play a more prominent role at the Emirates. 

Kroenke Sports & Entertainment’s (KSE) Kelly Blaha and Otto Maly have joined Arsenal’s board as non-executive directors alongside Dave Steiner, a long-term advisor to KSE. 

However, Arsenal’s decision to appoint Ben Winston as a non-executive director hasn’t gone down too well with some of the club’s fans, with many questioning the producer and director’s credentials. 

Arsenal
Josh Kroenke is set to take on a more prominent role at the Emirates (Credit: Getty Images)

The latest moves at the Emirates appear to represent a shift in approach as the club's hierarchy aims to lay the foundations for success on the pitch. 

Mikel Arteta’s side have finished second in the Premier League in each of the past two seasons, while they have failed to win a major trophy since the 2019-20 campaign. 

Arsenal 'close' to breaching Uefa's financial rules

KSE backed Arteta in the recent summer transfer window as the Gunners look to challenge for the Premier League title again this season. 

Arsenal spent more than £250million during the window, with eight new signings arriving through the door in north London. 

Eberechi EzeViktor GyokeresKepa ArrizabalagaMartin ZubimendiChristian Norgaard, Cristhian Mosquera and Noni Madueke signed on permanent deals, while Piero Hincapie joined on loan. 

Finance expert Stefan Borson told Football Insider Arsenal are “close” to breaching Uefa’s financial rules following their heavy spending. 

Arsenal manager Mikel Arteta
Mikel Arteta's side are at risk of breaching Uefa's financial rules (Credit: Imago)

Clubs in European competitions were required to keep spending on player wages and fees to 80 per cent of revenue in 2023-24 – the most recent year assessed – while they were permitted to lose up to £77m over a three-year period. 

However, the squad cost control ratio dropped to 70 per cent in 2024-25 and will remain at that level moving forward. 

Arsenal’s revenue reached £616.6m in their latest published accounts for 2023-24, while their wage bill stood at £327.8m.

For more Arsenal and exclusive news, follow us on Facebook or join our brand new WhatsApp Channel for instant updates to be sent straight to your phone.

www.footballinsider247.com