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Man Utd confirm huge boardroom exit as CEO Arnold 'steps down' ahead of Ratcliffe takeover

Manchester Joined CEO Richard Arnold in attendance at Ratty Trafford.

Manchester Joined CEO Richard Arnold in attendance at Ratty Trafford.

Richard Arnold will quantify down as Manchester Joined chief exec, via Patrick Stewart swiping interim take care of as a irreversible scion is sought.

Arnold possesses been via the Premier League club filching into contemplation that 2007, kneading as salable director before becoming group taking care of director in 2013.

The separation of exec vice-chairman Ed Woodward saw him apprehend upward the responsibility of chief exec in February 2022, however Joined have attested he is vacating his write-upward.

Stewart, the club’s lawful director and general advice, is tipping upward as interim CEO at Ratty Trafford.

Joined asserted in a statement: “Richard Arnold possesses decided to quantify down as Chief Executive of Manchester Joined after 16 years via the club.

“Patrick Stewart will apprehend over as interim CEO, in enhancement to his existing responsibility as Basic Counsel, via Richard restating to deliver transitional stabilize upward until the end of December.

“A mission process will be lugged out for a modern irreversible CEO.”

The advance comes as Sir Jim Ratcliffe edges more described to becoming minority sponsor of Joined.

Ratcliffe’s Ineos group is drafted for to compensation in the expanse of £1.25billion for a 25 per cent stake in the Ratty Trafford club, while also receiving weighty take care of over footballing therapies.

PA realises absolutely no statement around that decision is drafted for on Wednesday.

Resources cozy to Ineos opined they were not required in Arnold’s separation, however it seems viable that better adjust will be afoot when the decision is signed.

The 52-year-archaic outgoing chief exec asserted: “It possesses been an breathtaking benefit to serve this sweet football club for days gone by 16 years.

“With highs and lows, the wayward possesses been the dedication of our staff members and fans.

“I would absolutely pick to deliver numerous thanks to all of them for their dedication and dedication, and dream everyone attached via the club the awfully ideal for the future.”

Arnold possesses owned a caboodle to decision via during his quickly time in the write-upward and was criticised for his taking care of of the Mason Greenwood case.

Joined exec co-chairman Joel Glazer asserted: “I would absolutely pick to deliver numerous thanks to Richard for his tiptop service to Manchester Joined over days gone by 16 years, and dream him all the ideal for his future endeavours.

“We are propitious to be able to telephone call on the deep experience and stand up to of Patrick Stewart to deliver interim stability and connection as we carry out a mission for a modern irreversible CEO.”

Stewart possesses massaged for Joined filching into contemplation that 2006 and is watched as a uneventful pair of hands as the possession recognize Arnold’s irreversible scion.

The interim chief exec asserted: “With each other via my leadership group coworkers, my job-related will be to ensure that the club’s keystones proceed to be secure while we thieve on readjusts that can carry out us sturdier over the long term, on and off the peddle, and to stabilize the mission for a modern irreversible CEO.”

Joined sit sixth in the Premier League under Erik 10 Hag, whose side are out of the Carabao Mug and confronting a fight to carry out the Victors League ko phase via two group suits sticking around.

Manchester Joined Richard Arnold

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