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Intel® Sports extend official partnership

We are delighted to announce a two-year extension to our ground-breaking partnership with Intel® Sports.

Since joining as an official partner in 2019, Intel Sports has revolutionised the way our 80m+ digital followers can relive our best goals and match highlights online. 

The innovative Intel® True View technology, which allows supporters to freeze match action and view 360-degree replays from a player's perspective, has driven a 90 per cent uplift in supporters revisiting the content when compared with other match highlights. 

Recorded using dozens of 5K Ultra HD cameras located inside Emirates Stadium, this technology has come to the fore in recent months to entertain millions of supporters worldwide with exclusive lockdown content.

Intel has also responded to the COVID-19 pandemic with its Pandemic Response Technology Initiative. As part of this initiative, Intel is working with us to combat the growing issue of digital poverty amongst young people.

250 laptops have been donated to local schoolchildren to ensure they can keep on top of their schoolwork and in touch with their friends and family during this challenging period. 

Arsenal commercial director, Peter Silverstone, said: "We know how much our supporters have enjoyed watching back our best moments using Intel True View technology over the past year, and we were delighted to be the first club to bring this technology to the Premier League.

"This transformative technology has redefined how we watch back the game that we all love, and we are excited to work with Intel on future innovations that will further enhance the experience for our global fanbase."

"Arsenal has always understood the power and responsibility it holds in the community and it is a great strength of this partnership that we have been able to make an impact locally in recent months. We are extremely proud of this work, which will eliminate the digital divide for 250 local schoolchildren who would have otherwise been left isolated during this difficult time."

James Carwana, GM of Intel Sports, added: "Intel's technology partnership with Arsenal has delivered fans an unmatched ability to experience the game. 

"The club's innovative approach to integrating True View immersive media experiences at Emirates Stadium has been a testament to its dedication to their fans. As we continue to develop our volumetric video technology, we look forward to how else Arsenal can grow and scale immersive experiences with Intel Sports."

Intel, the Intel logo, and other Intel marks are trademarks of Intel Corporation or its subsidiaries.
 

Club statement

An update from your club

Throughout the COVID-19 pandemic we have been working hard to ensure that Arsenal Football Club emerges in a robust and strong position for the future.

In line with other football clubs and many other businesses operating in the sport, leisure and entertainment arena, we have been impacted directly by COVID-19.

Our main sources of income have all reduced significantly. Revenue from broadcasters, matchday and commercial activities have all been hit severely and these impacts will continue into at least the forthcoming 2020/21 season.

The pandemic represents one of the most challenging periods in our 134-year history and we have responded promptly by implementing wide-ranging measures to reduce our costs. Our players, senior football staff and executive team have volunteered pay cuts, we have stopped pretty much all of our capital spending, and our discretionary operating expenditure has been strictly controlled.

We have also received significant financial support from our owners, Kroenke, Sports & Entertainment in terms of refinancing our stadium debt.

These steps have all reduced the impact of the pandemic on the club and have helped us continue to maintain investment in the team. This will continue to be a key priority.

It is now clear that we will be facing more significant and longer-lasting reductions in our revenue than we all hoped. Current indications are that we will not have fans back at Emirates Stadium for the start of next season and fans will only be able to return in limited numbers after that. The global economic projections are also very negative. 

This will impact the disposable income of our fans, the money corporate clients have to spend on hospitality and sponsorship, and the ability for broadcasters to invest in TV rights.

We all hope there will be no “second wave” but we also need to accept that is one of the many uncertainties ahead of us and plan accordingly. 

Over recent years we have consistently invested in additional staff to take the club forward but with the expected reduction of income in mind, it is now clear that we must reduce our costs further to ensure we are operating in a sustainable and responsible way, and to enable us to continue to invest in the team.

Our aim has been to protect the jobs and base salaries of our people for as long as we possibly can. Unfortunately, we have now come to the point where we are proposing 55 redundancies.

We do not make these proposals lightly and have looked at every aspect of the club and our expenditure before reaching this point. We are now entering the required 30-day consultation period on these proposals.  

We know this is upsetting and difficult for our dedicated staff and our focus is on managing this as sensitively as possible.

These proposed changes are ultimately about ensuring we take this great football club forward, creating the right organisation for a post-Covid world, and ensuring we have the resources to return to competing effectively at the top of the game here and in Europe.

Raúl Sanllehi, Head of Football
Vinai Venkatesham, Managing Director
 

 

 

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