By year’s end, Richard Arnold, the CEO of Manchester United, would depart the organization, as reported by Sky News City editor Mark Kleinman.
An announcement is scheduled for later today, just before the Old Trafford club confirms Sir Jim Ratcliffe’s acquisition of a 25% interest.
In addition to his current position, Man United general counsel Patrick Stewart will succeed Arnold as acting CEO.
Next week, there should be an announcement on the Red Devils’ future ownership.
Ratcliffe and the Glazers, Man United’s existing owners, have an agreement for Ratcliffe to become a minority and partial owner. It looks the British tycoon has begun making the necessary board changes before he officially joins the team.
Additional alterations are anticipated as well; according to current rumors, the owner of OGC Nice intends to show the exit door to David Harrison, the director of football operations, and football director John Murtough.
Ratcliffe is joining the team with his own ideas and will be in charge of the football operations for the club.
More changes are also expected, with recent reports claiming that the OGC Nice owner has plans to also show football director John Murtough and director of football operations David Harrison the exit door.
Ratcliffe will be taking control of the club’s football operations, and he is coming on board with his own ideas and team.