It comes after Sir Jim Ratcliffe’s Ineos Sport is due to confirm its acquisition of a 25 per cent stake in the club.
Club chief Patrick Stewart, United’s general counsel, is set to be named interim CEO.
Meanwhile, billionaire hedge fund manager Leon Cooperman has secured a stake in Manchester United after buying 1million shares for $17m (£13.5m).
Arnold steps down as CEO
Manchester United have announced that CEO Richard Arnold is stepping down.
Patrick Stewart will take over in the interim with Arnold providing counsel until the transitionary period is completed in January.
The club say they will now carry out a new search process for their next CEO
Juve in for Sancho
Juventus are interested in a loan move for Jadon Sancho, according to Calcio Mercato.
The Italian club would be prepared to pay 70% of the winger’s wages.
United are desperate to shift Sancho from their books, with the winger currently being forced to train on his own.
Richard Arnold to leave the club
Manchester United’s CEO, Richard Arnold is to stand down in January as per multiple reports.
Patrick Stewart will remain as interim CEO while the club transitions towards a new ownership.
American businessman takes stake in Manchester United
American tycoon Leon Cooperman has purchased a minority stake in Manchester United.
Bloomberg report that the businessman has purchased shares worth $16.8million.
More generally, this is extremely small investment.
Fernandes and Lindelof the best this season – Silvestre
Mikael Silvestre has said that Bruno Fernandes and Victor Lindelof have been United’s stand out players this year.
He told BettingExpert: “It’s between Bruno Fernandes and Lindelof (when asked about Man Utd’s best performers this season).”
“He’s scored goals and has a big influence.”
“Lindelof has shown resilience and versatility. He’s gotten better this season.”
“There’s not much to choose from. The team is conceding and not scoring.”
United monitoring Joao Neves
Manchester United had scouts in attendance for Benfica’s last game out against Sporting CP.
United are keeping a close eye on young midfielder Joao Neves.
The 19 year old is of interest to United according to Fabrizio Romano.
Louis Saha says Ten Hag may scapegoat Varane
Louis Saha has told BetFred that Varane may have been victimised for his inability to stay fit by Erik ten Hag.
He said: “It could be a breakdown in the relationship between player and manager. I know he’s been injured often, but he needs to be given the chance to get back to his best after a spell out.
“It’s true that everybody needs competition but you can’t fiddle with the defence too much because that department provides you with a solid foundation. I don’t understand why Raphaël’s been dropped, so maybe something’s been said behind closed doors. It’s as if he’s being scapegoated in some way and I don’t like it.
Prem clubs battle for Benfica whizkid
Manchester United and Arsenal are amongst Premier League giants linked to 19-year-old Benfica starlet Joao Neves.
Manchester City and Liverpool are also said to be interested in the midfielder, 19, who made his Portugal debut last month.
90min’s Graeme Bailey reckons United scouted the Benfica academy product last weekeend.
Bailey wrote on X: “Joao Neves impresses Premier League scouts as Benfica see off Sporting. Man City, Man Utd, Liverpool and Arsenal all checked on the Portuguese midfield starlet on Sunday.”
Red Devils eye goal machine Jayden
United are reportedly monitoring an AZ Alkmaar winger with no first-team experience.
Football Transfers claim the Red Devils are keen on Jayden Addai, 18.
He’s netted 10 times and provided four assists in 13 matches for AZ Under-19s this term.
Alkmaar manager Pascal Jansen rates Addai a “great talent”.
Jansen told De Telegraaf: “I hope he shows up in 30-plus games in the KKD [Dutch youth league]. I hope that he can standout there.”
Cooperman buys almost 1m Utd shares
US billionaire Leon Cooperman has invested in United in a major twist to the takeover saga.
The former hedge fund manager has bought almost ONE MILLION shares in the Red Devils for around £13.5million.
And he could invest more in the future with his net worth reportedly sitting at well over £2BILLION.
The American is the founder of Omega Advisors which is based in New York City.
The news comes just days before British billionaire businessman Sir Jim Ratcliffe is set to secure his 25 per cent takeover of the club.
Cooperman’s reported stake will be significantly less than that owned by Ratcliffe who is expected to pay £1.4billion for his quarter control of the Manchester giants.
