Manchester United executive vice-chairman, Ed Woodward, has resigned from his position after eight years in the role, the club announced.
ESPN reports that the former JP Morgan investment banker, who replaced David Gill in 2012, had been planning to step down at the end of the season.
Sources at United insist Woodward’s decision is not related to the controversial attempts to lead the club into a breakaway European Super League.
However, it is believed that the likely collapse of the plan in the wake of the withdrawals of United, Manchester City, Arsenal, Tottenham Hotspur and Liverpool — with Chelsea expected to follow — on Tuesday has in fact accelerated Woodward’s decision.
Woodward will continue in his role until the end of the season, with the club statement on Tuesday saying he will stay until the end of 2021.