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First Axing At Man Utd 'Revealed' Amid New Owner Talks

First Axing At Man Utd 'Revealed' Amid New Owner Talks

The first person who would be sacked by would-be Manchester United owner Sir Jim Ratcliffe has reportedly been revealed.

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According to The Athletic, chief executive officer Richard Arnold is expected to be the first departure from Old Trafford should the British billionaire complete his minority stake in the Red Devils.

Arnold has been in his position since succeeding Ed Woodward early last year, but the abovementioned publication claims that with the club's board set to vote on selling a 25% stake to Ratcliffe, the 52-year-old's future at the Theatre of Dreams is in jeopardy.

It is believed Ratcliffe wants to oversee the sporting side of the club when he comes in, and part of his plan is to alter the staff structure. Arnold's termination would not be entirely a sporting decision, but the same report claims that he understands that his departure is likely given the INEOS owner's ambitions.

While Ratcliffe looks set to acquire a minority stake, one which could cost him £1.3 billion (R29.7 billion), such a deal is very intricate and would take several weeks to complete, meaning that Arnold's job is safe for the short term.

The man being touted as next in line for the position is Jean-Claude Blanc.

Blanc, who has previously held roles with Juventus and Paris Saint-Germain, took up a post relating to INEOS' sport portfolio last year.

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Arnold, an accountant, has held various positions at United since arriving in 2007 and even if his exit as CEO appears to be a foregone conclusion, there is reportedly a chance that he could stay at the club in a different capacity.

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