Manchester United CEO Richard Arnold's future determined by club

Manchester United has announced the impending departure of Richard Arnold from his role as chief executive.

Arnold, aged 52, took over from Ed Woodward less than two years ago but is set to leave Old Trafford as the INEOS group, belonging to Sir Jim Ratcliffe, finalises their 25% minority stakes investment in the club.

The soon expected confirmation of Ratcliffe's purchase will see him take over the sporting operations of the club, currently managed by Arnold and John Murtough, the club's football director.

Arnold's tenure as United CEO has been fraught and marred by criticism, particularly in relation to managing the fallout from the legal accusations against player Mason Greenwood who is currently on loan to Getafe. The club faced consequences after initially planning to reintegrate Greenwood into the United first team, a decision that was subsequently overturned.

On Wednesday, Manchester United released the following statement: 'After 16 years with the club, Richard Arnold has decided to step down from the position of Chief Executive. Patrick Stewart will take over as interim CEO, in addition to his existing role as General Counsel. He will continue in this role with support from Richard until the end of December as we search for a permanent CEO.'

In response, Arnold said: 'Serving this great football club for the past 16 years has been an incredible privilege. What has remained constant throughout this time is the dedication of our employees and fans. I am deeply grateful for their loyalty and commitment, and wish everyone connected with the club a bright future.'

It is understood that Ratcliffe will appoint a new CEO and sporting director, with permanent appointments to be made official no earlier than December. Patrick Stewart, a club member since 2006, is expected to temporarily fill Arnold's shoes until the full-time replacement is identified.

Potential contenders for the CEO position include Jean Claude Blanc, a previous staff at Juventus and Paris Saint-Germain and a recent recruit of INEOS. Paul Mitchell, ex-Monaco and RB Leipzig, may become the new sporting director.

Long-time colleague of Ratcliffe's, Sir Dave Brailsford, is also anticipated to take part in the club's operations.