Edu Gaspar declined a lucrative contract extension at Arsenal to embark on a new challenge in the multi-club football model. Reports indicate that Arsenal’s offer was competitive with the proposal made by Nottingham Forest owner Evangelos Marinakis, who has appointed Edu to oversee his expanding football network, including Olympiacos and Rio Ave.
Contrary to some claims, Forest’s offer is not expected to triple Edu’s Arsenal salary, which was estimated between £2-3 million annually. However, the role offers a notable pay increase and aligns with Edu’s desire to lead a comprehensive multi-club project.
Marinakis wasn’t the only club owner interested in Edu, and it’s understood that the Brazilian was drawn to the chance of managing multiple clubs on a global scale. After several months of consideration, Edu decided the opportunity was too compelling to pass up, leading him to leave his post at Arsenal.
In a statement on Monday, Arsenal expressed their gratitude to Edu for his pivotal role in shaping their “renewed football strategy” and driving the club forward. Edu shared his own reflections on his departure, saying: “This was an incredibly hard decision to make. Arsenal has given me the chance to work with so many amazing people and be part of something special in the club’s history.
