He Manchester United announced this Wednesday the departure of its executive president, Richard Arnold, which will leave at the end of the year. This announcement comes just days after the Old Trafford club confirmed the purchase of 25 percent of its shares by British billionaire Jim Ratcliffe, owner of Ineos.
Arnoldto come to United in 2007 and was the club’s director of operations from 2013 until February 2022, when he replaced Ed Woodward As CEO, he is responsible for hiring Erik ten Haag and the financial agreements with Adidas and with Qualcomm, the main sponsor of the shirt starting next season.
However, Arnold was criticized for how he handled the ‘Case of Mason Greenwood’, which he tried to bring back to the team once charges of attempted rape and assault against the player were dropped. After the flood of criticism, he decided to back off and let the football player go, which ended up being Getafe as transferred.
The club’s finance director, Patrick Stewartwill take over as interim CEO until a permanent replacement is named.
In the event that this decision requires the opinion of Ratcliffewill need to be done between six and eight weeks after the purchase is confirmed, as this is the time the Premier League will need to validate it.
Source: La Verdad
I’m Rose Herman and I work as an author for Today Times Live. My expertise lies in writing about sports, a passion of mine that has been with me since childhood. As part of my job, I provide comprehensive coverage on everything from football to tennis to golf.
