Manchester United is set to announce the replacement of Ed Woodward. The board has appointed Richard Arnold as the new CEO and will confirm his appointment during the official announcement.
The 50-year-old is set to be the first person to hold that post since David Gill resigned in 2013.
So, who is he and what does he bring to the table?
Richard Arnold has been the club’s managing director since 2013. He’s the brainchild behind most of our groundbreaking commercial deals, meaning he’s responsible for a majority of the cash flow.
He has grown the club’s sponsorship business, along with a jump in retail and merchandising, as observed in our latest financial reports.
Despite the dip in our form on the field, the club’s revenue from a business perspective remains as high as ever. And we have Arnold to thank for that.
He was nominated for SportBusiness International’s Sports innovator of the year list in 2011. That’s not all – this year, Arnold was responsible for a ‘number of extensions across our global partnership portfolio.’
Big names like Apollo Tyres, wine partner Concha y Toro, Gulf Oil International and TAG Heuer have all extended their sponsorship contracts overseen by Arnold.
Key reason behind TeamViewer deal
Arnold was one of the key orchestrators behind the much-talked-about TeamViewer partnership, who are our current jersey sponsors.
That deal remains the most expensive shirt sponsorship in the Premier League to date!
Worked his way to top
Richard joined United as a commercial director in 2007/08 and his hard work propelled him to the role of managing director in 2013.
And based on what we’ve seen so far in terms of the club’s commercial growth, that’s no surprise.
Been at club for years
Needless to say, Richard has been a part of the Old Trafford side for years and has seen a lot of changes.
From Sir Alex Ferguson to David Moyes and Louis van Gaal to Jose Mourinho and, of course, Ole Gunnar Solskjaer, the 50-year-old has literally seen it all.
Chairman of Man United Foundation
Arnold also serves as the chairman of the Man United Foundation, which has often been lauded for their charity efforts during the peak of the Covid-19 pandemic in 2020.