Richard Arnold will leave the club. (Photo by Manchester United/Manchester United via Getty Images)
Manchester United CEO Richard Arnold is set to leave the club by the end of the year.
Arnold replaced Ed Woodward as the club’s chief executive in 2021 and was instrumental in the appointment of Erik ten Hag.
However, he’s taken criticism for his handling of the Mason Greenwood situation.
Sir Jim Ratcliffe is set to be announced as a minority shareholder this week, with the billionaire spending £1.4bn to take a 25% stake in the club.
Ratcliffe will take control of football operations, and it appears he’s been ruthless in dismissing Arnold.
According to Sky News, an announcement on Arnold’s departure will be made today.
A further announcement over Ratcliffe’s investment will be made in due course but it’s clear that the 71-year-old has already got to work at Old Trafford.
As well as his £1.4bn investment, Ratcliffe will pledge a further £245m in upgrading United’s stadium and training ground.
United fans will hope an announcement is in place before the January transfer window, when Ratcliffe will expect to make his mark on the club.