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Man Utd CEO Arnold to leave club ahead of possible sale
  + stars: | 2023-11-15 | by ( ) www.reuters.com   time to read: +2 min
Soccer Football - Funeral of former England and Manchester United footballer Bobby Charlton - Manchester Cathedral, Manchester, Britain - November 13, 2023 Manchester United CEO & director Richard Arnold arrives at Manchester Cathedral REUTERS/Phil Noble Acquire Licensing RightsCompanies Manchester United PLC FollowNov 15 (Reuters) - Manchester United (MANU.N) CEO Richard Arnold will step down, the Premier League club said on Wednesday, ahead of the club's reported stake sale to British billionaire Jim Ratcliffe. General counsel and board director Patrick Stewart, who has been with the club for over 17 years, will be become interim CEO. Patrick Stewart's appointment as interim CEO would allow United's new joint owners to identify the right long-term candidate to run the club, Sky News reported, citing one source. Manchester United did not immediately respond to a Reuters' request for comment on the rationale. Arnold will provide "transitional support" until the end of December, the club said, and they will start looking for a permanent CEO, United said in a statement.
Persons: Bobby Charlton, Richard Arnold, Phil Noble, Jim Ratcliffe, Patrick Stewart, Glazer, Arnold, Ed Woodward, Erik ten Hag, Ratcliffe, Patrick Stewart's, United, Yadarisa, Shinjini Ganguli, Bhattacharjee Organizations: Soccer, Manchester United, Manchester Cathedral, Manchester Cathedral REUTERS, Rights Companies Manchester United, Premier League, Reuters, Sky News, Thomson Locations: England, Manchester, Britain, United, Bengaluru
While Erik Ten Hag's side set aside a difficult start to the season and cruised comfortably through at Old Trafford, Premier League Wolverhampton Wanderers and Luton Town were knocked out by lower-division opponents. Wolves went 2-0 up and then lost 3-2 at Championship (second tier) high-flyers Ipswich Town while Premier League newcomers Luton were beaten 1-0 at League One (third tier) side Exeter City. Vincent Kompany's Burnley, without a win in the Premier League so far this season, overran League Two (fourth tier) opponents Salford City 4-0 with a second-string team. The match was the night's only fixture pitting two top flight clubs against each other and they will meet again in the league at Old Trafford on Saturday. The draw for the fourth round will be after Wednesday's matches, with 12 Premier League clubs in action and last year's losing finalists Newcastle United hosting Premier League champions Manchester City.
Persons: Alejandro Garnacho, Crystal Palace's Nathaniel Clyne, Jason Cairnduff, Casemiro, Erik Ten, Demetri Mitchell, Vincent Kompany's Burnley, Dean Henderson, Sam Johnstone, Diogo Dalot, Mason, Anthony Martial, Johnstone, Sofyan Amrabat, Jack Taylor, Freddie Ladapo, Omari Hutchinson, Hwang Hee, Chan, Toti Gomes, Alan Baldwin, Toby Davis, Pritha Organizations: Soccer, Manchester United, Companies Manchester United, Crystal, Old Trafford Wolves, Exeter, Luton, Burnley, Salford, League Cup, Crystal Palace, Premier League Wolverhampton Wanderers, Luton Town, Wolves, Ipswich Town, Premier League, League, Exeter City, Salford City, United, Old, Morocco, Fiorentina, Sky Sports, Ipswich, Middlesbrough, Bradford City, Mansfield Town, League One Peterborough, Sutton United, Port, Newcastle United, Manchester City, Thomson Locations: Old Trafford, Manchester, Britain, Old, Ipswich, Salford MANCHESTER, England, Exeter, Saturday, Port Vale, London
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