Board room changes at Manchester United following departure of senior staff
Manchester United has announced further boardroom changes as part of Sir Jim Ratcliffe’s revolution at the Old Trafford club.
By mutual consent, Patrick Stewart, interim chief executive, and Cliff Baty, chief financial officer, have decided to leave the club at the end of the season.
Patrick will be replaced as CEO by Jean-Claude Blanc until the arrival of Omar Berrada on July 13. Cliff Baty will be replaced as CFO by Roger Bell.
Majority owner, Joel Glazer, said: “I would like to thank Patrick and Cliff for their dedicated service to Manchester United and wish them well for the future.
“Both have been a source of invaluable advice and expertise over many years, and Patrick has served an important role as interim CEO during this transitional phase.”
Sir Jim Ratcliffe said: “I would like to personally thank both Patrick and Cliff for their support in helping us get to know the club and making us feel welcome and I respect their decisions to now move on as we establish a new management team for the club.”
Sir Jim completed his acquisition of 27.7% of the club’s shares, on February 21, in a deal valued at around £1.3bn.
Billionaire Sir Jim, a boyhood United fan, owns chemicals giant, INEOS.
The majority-owning Glazer family is happy for him to take control of team affairs, such as player trading and managerial appointments.
He is also keen to either rebuilt Old Trafford, which he describes as “tired” or create a completely new arena, which he wants to develop as “the national stadium of the north”.
