Manchester United have confirmed that Ed Woodward will leave his role as executive vice-chairman at the end of January.
This comes nine months after Woodward announced his intention to step down from the position, after the failed attempt by several European clubs – including United – to launch a breakaway Super League.
The 50-year-old, who will be replaced by Richard Arnold, United’s managing director.
Joel Glazer, executive co-chairman, said: “I would like to thank Ed for his tireless work on behalf of Manchester United during his nine years as executive vice-chairman and 16 years with the club.
“We are now looking forward to Richard and his leadership team opening a new phase in the club’s evolution, with ambitious plans for investment in Old Trafford, the strengthening of our engagement with fans, and continued drive towards our most important objective — winning on the pitch.”