{"id":631056,"date":"2023-10-26T15:23:02","date_gmt":"2023-10-26T19:23:02","guid":{"rendered":"https:\/\/lastwordonsports.com\/football\/?p=631056"},"modified":"2023-10-26T16:21:01","modified_gmt":"2023-10-26T20:21:01","slug":"richard-arnold-departure-takeover-sir-jim-ratcliffe","status":"publish","type":"post","link":"https:\/\/lastwordonsports.com\/football\/2023\/10\/26\/richard-arnold-departure-takeover-sir-jim-ratcliffe\/","title":{"rendered":"\u2018Likely to Leave\u2019: Huge Manchester United Departure Could Happen Soon if Minority Investment Bid Gets Confirmed"},"content":{"rendered":"<p><span data-preserver-spaces=\"true\">If Sir Jim Ratcliffe is able to bid successfully for a minority stake in Manchester United, it will ensure at least one person is leaving the club.\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/twitter.com\/lauriewhitwell\/status\/1717572405328040143?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet\" target=\"_blank\" target=\"_blank\" rel=\"noopener noreferrer\"><span data-preserver-spaces=\"true\">Laurie Whitwell<\/span><\/a><span data-preserver-spaces=\"true\">, a journalist for The Athletic, has reported that CEO Richard Arnold is &#8220;likely to leave&#8221; should the club come under the new ownership.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">[metabet_core_side_odds_tile query=&#8221;soe\/manchester_united&#8221; size=&#8221;350&#215;300&#8243; site_id=&#8221;lastwordonsports&#8221;]<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">CEO Richard Arnold Will Step Down if Sir Jim Ratcliffe Takes Over<\/span><\/h2>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Richard Arnold is likely to leave <a href=\"https:\/\/twitter.com\/hashtag\/MUFC?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" target=\"_blank\" rel=\"noopener noreferrer\">#MUFC<\/a> in the event Sir Jim Ratcliffe&#39;s bid for minority investment gets confirmed.<\/p>\n<p>Arnold was made chief executive in February 2022 but new ownership structure seen as presenting an appropriate time to step away \u2b07\ufe0f<a href=\"https:\/\/t.co\/k0v3vxFKwV\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/t.co\/k0v3vxFKwV<\/a><\/p>\n<p>&mdash; Laurie Whitwell (@lauriewhitwell) <a href=\"https:\/\/twitter.com\/lauriewhitwell\/status\/1717572405328040143?ref_src=twsrc%5Etfw\" target=\"_blank\" target=\"_blank\" rel=\"noopener noreferrer\">October 26, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h3><span data-preserver-spaces=\"true\">Athletic Article<\/span><\/h3>\n<p><a class=\"editor-rtfLink\" href=\"https:\/\/theathletic.com\/4993687\/2023\/10\/26\/manchester-united-richard-arnold-who-ceo\/\" target=\"_blank\" target=\"_blank\" rel=\"noopener noreferrer\"><span data-preserver-spaces=\"true\">The Athletic<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0further reported that Arnold, who has been in his position since February 2022, &#8220;is expected to leave his role.&#8221; His predecessor, Ed Woodward, was only with the club for nine months before his departure following a failed effort to create a European Super League.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">Read More:\u00a0<\/span><\/strong><a class=\"editor-rtfLink\" href=\"https:\/\/lastwordonsports.com\/football\/2023\/10\/23\/manchester-united-marc-guehi-transfer-links\/\" target=\"_blank\" target=\"_self\"><span data-preserver-spaces=\"true\">\u2018They Want A Top Centre-Back\u2019: Fabrizio Romano Clarifies Man Utd\u2019s Links To \u2018Excellent\u2019 Premier League Star<\/span><\/a><\/p>\n<p><span data-preserver-spaces=\"true\">The departure of Arnold depends on &#8211; if the United board accepts the proposal from Sir Jim Ratcliffe. A total of \u00a31.3 billion is being offered to take control of football matters at the Old Trafford giants. The report notes that &#8220;the process could yet take several weeks.&#8221; Until then, Arnold remains the CEO at United.<\/span><\/p>\n<h3><span data-preserver-spaces=\"true\">Other Reports on Potential Departure<\/span><\/h3>\n<p><a class=\"editor-rtfLink\" href=\"https:\/\/www.dailymail.co.uk\/sport\/football\/article-12676699\/Richard-Arnold-expected-LEAVE-role-Manchester-United-CEO-Sir-Jim-Ratcliffes-minority-stake-approved-ex-Juventus-chief-Jean-Claude-Blanc-consideration-replace-him.html\" target=\"_blank\" target=\"_blank\" rel=\"noopener noreferrer\"><span data-preserver-spaces=\"true\">The Daily Mail<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0also covered this big news. In a process described as &#8220;long-winded,&#8221; they report the bid will be accepted. Arnold has steered the club during one of their most challenging periods in recent history, which saw United finish third in the Premier League last season, securing a spot in this year&#8217;s Champions League.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">Read More:\u00a0<\/span><\/strong><a class=\"editor-rtfLink\" href=\"https:\/\/lastwordonsports.com\/football\/2023\/10\/26\/chelsea-links-to-barcelona-midfielder-gavi-clarified\/\" target=\"_blank\" target=\"_self\"><span data-preserver-spaces=\"true\">\u2018Important To Say\u2019: Fabrizio Romano Clarifies Chelsea Links To \u00a386 Million-Rated \u2018Total Footballer\u2019<\/span><\/a><\/p>\n<p><span data-preserver-spaces=\"true\">Before citing Whitwell and The Athletic later in the article, Nathan Salt noted that Ratcliffe was &#8220;a lifelong United fan.&#8221; His total stake in the ownership is set to be 25%. Arnold&#8217;s expected departure would end a 15-year tenure with the club. He occupied multiple roles throughout his years at Old Trafford and was nominated for various personal awards, including directorship and innovation.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>If Sir Jim Ratcliffe is able to bid successfully for a minority stake in Manchester United, it will ensure at least one person is leaving the club.\u00a0Laurie Whitwell, a journalist for The Athletic, has reported that CEO Richard Arnold is &#8220;likely to leave&#8221; should the club come under the new ownership. 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