Premiership giants Arsenal might be a haven for top-quality players, especially top-quality young players, but it seems that when it comes to boardroom responsibilities, the Gunners are not too lucrative.
It has been reported that Arsenal were trying to lure Celtic chief executive Peter Lawwell to a similar post at the Emirates and were prepared to pay him as much as £1million a year for his services. Arsenal have been operating without a chief executive since Keith Edelman left the club five months ago.
It was earlier reported that Arsenal had approached Lawwell, who was initially Celtic’s financial controller before becoming CEO in 2003. But it has now been confirmed that he is not at all interested in moving south of the border to Arsenal.
Celtic chairman John Reid confirmed: “Peter is a highly-valued part of Celtic Football Club and remains so.
“Peter will continue to work with everyone at Celtic to ensure the club enjoys even more success and that it maintains its pre-eminent position within Scottish football.”
Seems like the search for Arsenal for a CEO is set to continue for quite some time.