In a statement released on Wednesday, November 15, 2023, Manchester United announced that Richard Arnold will be stepping down from his position as chief executive of the club.
The decision comes after a period of intense scrutiny and criticism of Arnold's leadership.
Arnold was appointed as CEO in February 2022, following the departure of Ed Woodward. However, his tenure has been marked by a series of setbacks, both on and off the field.
On the field, United have failed to challenge for major honors and have been inconsistent in their performances.
Off the field, the club has been beset by protests from fans, who have been unhappy with the ownership and direction of the club.
Arnold's resignation is seen as a sign that the club is willing to make changes in order to try and improve its fortunes.
In a statement, Arnold said:
"It has been a privilege to serve as CEO of Manchester United and to represent such a great club. I am proud of what we have achieved together during my time here, but I believe that now is the right time for me to step down.
"I would like to thank the board of directors for their support and guidance, and I would also like to thank the fans for their unwavering passion and loyalty.
"I wish the club all the best for the future and I am confident that it will continue to achieve great things."
The club has yet to announce a replacement for Arnold, but it is believed that the search for a new CEO is already underway.
Man Utd fans have reacted to the news of Arnold's resignation with mixed emotions. Some are relieved to see him go, while others believe that he should have been given more time.
It remains to be seen whether Arnold's departure will lead to a change in fortunes for Manchester United. The club will need to appoint a strong and experienced CEO who can restore stability and success to Old Trafford