Richard Arnold to leave Manchester United as Sir Jim Ratcliffe deal nears completion

The 52-year-old was always expected to depart once Sir Jim Ratcliffe&aposs bid to buy a 25 per cent stake in the club was made official, with the deal expected to be ratified during November&aposs international break.

United are yet to confirm Ratcliffes proposed 1.3billion investment, but Arnold&aposs departure is one of a number of changes expected as part of the British billionaire&aposs review of the current sporting structure in place.

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Arnold has been at United since 2007 and played a huge role in their commercial growth as a club during this time. He was appointed chief executive in February 2022, following Ed Woodwards exit as executive vice chairman.

Last month, the Manchester Evening News revealed that Arnold believes the club is making “good progress” and that Erik ten Hag retained the full backing of the club.

Arnold told interested observers United are progressing as a club. United posted record full-year revenues of 648.4million on Thursday but still recorded a loss of 42.1m last season.