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Vinai Venkatesham appointed Arsenal managing director

Vinai Venkatesham has been elevated to a co-leadership role at Arsenal Football club after being appointed as the managing director of the North London club.

Arsenal announced on Tuesday (18) that chief executive Ivan Gazidis will step down next month after nine years in charge. Venkatesham, who has been the club’s chief commercial officer since 2014, will run the club alongside Raul Sanllehi who has been appointed head of football.


Venkatesham, who will oversee all business operations, said: “From the day I joined Arsenal I have always considered it a privilege to serve this great football club, so it’s an honour to take up the position of managing director and lead the club alongside Raul.

“Together we will work tirelessly with the extraordinary staff we have at Arsenal to respect and enhance our unique history, heritage and values; with the overall objective to bring success to our millions of fans all around the world and make them proud of their club.”

Venkatesham has been at Arsenal since 2010, joining as head of global partnerships. He was instrumental in negotiating lucrative partnerships such as the club’s biggest ever sponsorship deal with Puma and the contract renewal with the Emirates stadium.

Prior to working at Arsenal, he served as commercial manager for the London 2012 Olympic Organising Committee, where he helped land £2 billion in sponsorship, merchandising, hospitality and broadcast deals with brands including Adidas, BT, Cadbury, Channel 4 and Thomas Cook.

Arsenal are in the middle of a transition period after the departure of long-serving manager Arsene Wenger who left the club in the summer after 22 years and now Gazidis, who is leaving to takeover at Italian club AC Milan.

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Scotch whisky production slows as tariffs and weak demand bite

The first half of this year showed Scotch exports worth £2.5bn

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Scotch whisky production slows as tariffs and weak demand bite

Highlights

  • American tariffs adding 10 per cent to costs, with further 25 per cent charge on single malts expected next spring.
  • Barley demand slumped from up to 1 million tonnes to 600-700,000 tonnes expected next year.
  • Major distilleries including Glenmorangie and Teaninich have paused production for months.
Scotland's whisky industry is facing a sharp downturn in production as it adapts to challenging market conditions worldwide, with US tariffs and weakening global demand forcing major distilleries to halt operations.

Tariffs introduced under the Trump administration have added 10 per cent to importers' costs in the industry's biggest export market.

American tariffs on single malts, suspended four years ago, are expected to return next spring with a further 25 per cent charge unless a deal is reached.

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