Manchester United CEO Richard Arnold will leave the club by the end of this year, according to Sky News City editor Mark Kleinman.
An announcement is set to be made later today and it will come shortly before the Old Trafford club confirm the acquisition of 25% stake by Sir Jim Ratcliffe.
Man United’s general counsel Patrick Stewart will take over from Arnold as interim CEO in addition to his existing role.
An announcement on the future ownership of the Red Devils is expected next week.
Ratcliffe has struck a deal with the current owners of Man United, the Glazers, to become a minority and partial owner, and it appears the British billionaire has started making the needed changes at board level ahead of his official arrival.
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.
Whether the immediate future of Man United manager Erik ten Hag is under threat remains to be seen, but the club have to start winning more games under the Dutchman if he wants to remain in charge beyond this year.
They have won nine games across all competitions in 2023-24 and lost the other nine, suffering elimination at the hands of Newcastle United in the Carabao Cup.
They are currently bottom of their Champions League group after four games and are sixth in the Premier League table at the end of 12 matches.
Things have to improve significantly on the pitch for the rest of this year, or Ratcliffe could be forced to look to bring in another manager as he looks to hit the ground running upon his imminent arrival at the Theatre of Dreams.
