The Late Stage Capitalism of Arsenal and the Premier League is coming for you
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The Late Stage Capitalism of Arsenal and the Premier League is coming for you
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When Arsenal announced they were cutting 60 jobs at the home of the Premier League champions, the manager Mikel Arteta said he had been told it was to "achieve the success we want to create".
With the help of management consultants, Arsenal identified savings while simultaneously awarding Arteta a new contract worth £20 million a season.
On Free State today we look at what this story of a sporting club tells us about capitalism and inequality. Dion and Joe look at how sport was sold as everything else was sold and they wonder what happens next. Sport has been sold not just to the highest bidder but to those who believe in a version of society which is the opposite of community. What will be next?
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