Revealed: Trouble in Manchester, as maquire reveals Woodward secret before he was dismissed ,here is what happen ....
Ed Woodward still has his “snout
in the trough” despite the imminent
appointment of Richard Arnold as Man
United CEO.
That is the view of finance guru Kieran Maguire
, speaking exclusively to Football Insider
about the 50-year-old chief executive-elect.
Sky sport reported on Monday (20 December)
that the Glazers are set to announce Arnold
as CEO in the coming days.
He replaces the outgoing Woodward, who
will remain on the Glazers’ payroll as a
consultant.
Arnold’s title will be ‘chief executive’, however
, and not ‘vice-chairman’ like his predecessor
Woodward.
United’s share price, which is at its lowest
in approximately 12 months, did not jump
or fall when Sky Sports first reported the news.
Maguire claims that is because those in the
know have seen Arnold’s appointment
coming for some time.
“The markets have factored this in for months
,” he told Football Insider correspondent
Adam Williams.
“This has been an open secret behind the scenes
. The fact that there was effectively no
market response proves that they see Man
United as a supertanker.
“You can go about changing the captain of
the supertanker but that isn’t going to change
its direction.
“Woodward is staying on as a consultant,
so he has still got his snout in the trough, and
it’s a big trough at executive level.”
United recently established a fan advisory board
with the stated aim of giving supporters a
voice at executive level.
The Red Devils are due to face Newcastle
United on 27 December.
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