Richard Arnold set to replace Ed Woodward as Manchester United CEO, but what will change?
The club have confirmed that Woodward will depart at the start of February, when his responsibilities will be handed over to Arnold.
He first announced he was stepping down as executive vice-chairman last April following the European Super League saga, but ended up staying in his role until 2022.
Now, though, the club have named Richard Arnold as his successor. Arnold has worked for United since 2007, and was named as the group managing director in 2013, where he has worked since.
ℹ️ We are pleased to announce that Richard Arnold will become Chief Executive Officer of the club, effective from 1 February.#MUFC
— Manchester United (@ManUtd) January 6, 2022
Following the announcement, Arnold made a short statement: "I am honoured to have the chance to serve this great club and its fans," Arnold said. "I am determined to return that honour in any way I can."
He takes the reins at a difficult time for United, who find themselves 22 points behind Premier League leaders Manchester City - albeit with two games in hand - after 19 matches.
Much of the anger has been targeted at the despised Glazer family, who maintain ownership of the club. Executive co-chairman Joel Glazer, the most hands on member of the family, was a key part of the process that decided on Arnold's promotion.
Arnold is also the chair of the Manchester United foundation as well as the vice-chair of the club's fan forum - set up following the European Super League debacle to try and encourage more transparency between the club and it's supporters.
However, it's hardly helped matters off the pitch, and they're not much better on it either. Just 10 months ago, Arnold called Ole Gunnar Solskjaer a "phenomenal success", yet he comes into his new role overlooking Ralf Rangnick as interim manager.