Woodward officially LEAVES Man Utd role after tripling club value but no PL win

ED WOODWARD has formally stepped down as Manchester United govt vice-chairman after 9 years.

The membership confirmed he would depart in 2021 however his stint ended on January 31 with Richard Arnold taking on at midnight.

Woodward, 50, joined the Previous Trafford boardroom workforce again in 2005 after enjoying a key position within the Glazer household’s takeover.

And he took on the position as govt vice-chairman when David Gill stepped down as CEO in 2013.

In that point, Woodward trebled the worth of the Purple Devils.

United had been price round £800million in 2005 and newest calculations totalled a staggering £2.4billion.

On high of that, retail, merchandising and licensing earned United £130m in 2013.

By 2020, the final business yr pre-pandemic, that determine was £279m.

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Final yr it was nonetheless £232m regardless of a season behind closed doorways.

However regardless of the business success, on the pitch issues haven’t gone fairly to plan.

Since Woodward took over as the primary man, which coincided with Sir Alex Ferguson’s retirement, United have gained simply three trophies.

David Moyes’ tenure failed, Louis van Gaal gained an FA Cup however was axed after simply two seasons, Jose Mourinho gained a League Cup and the Europa League in 2017 earlier than three barren years below Ole Gunnar Solskjaer.

In that point, there have additionally been loads of poor switch selections with the likes of Marouane Fellaini, Angel Di Maria, Memphis Depay, Fred, Harry Maguire and others failing to justify their hefty charges.

Woodward endured a strained relationship with the followers and got here below heavy hearth for signing as much as the breakaway European Tremendous League final yr.

I’ll treasure the reminiscences from my time at Previous Trafford

Ed Woodward

Not like the Glazers, he was really towards the thought and finally give up within the fallout from the failed division.

Asserting his exit, Woodward stated: “I’m extraordinarily proud to have served United and it has been an honour to work for the world’s biggest soccer membership for the previous 16 years.

“The membership is effectively positioned for the long run and will probably be troublesome to stroll away on the finish of the yr.

“I’ll treasure the reminiscences from my time at Previous Trafford, throughout a interval after we gained the Europa League, the FA Cup and the EFL Cup.

“I’m happy with the regeneration of the membership’s tradition and our return to the Manchester United means of enjoying.

“We have now invested greater than £1bn within the squad throughout my time right here and I’m notably delighted with the progress the gamers have made below the astute management of Ole Gunnar Solskjaer and his teaching workforce within the final two years.”

RICH REWARDS

Arnold, who met Woodward at college, has now stepped up from managing director to CEO.

He stated: “I’m honoured to have the prospect to serve this nice membership and its followers. I’m decided to return that honour in any means I can.”     

Joel Glazer, govt co-chairman, stated: “I wish to thank Ed for his tireless work on behalf of Manchester United throughout his 9 years as govt vice-chairman and 16 years with the membership.

“We are actually trying ahead to Richard and his management workforce opening a brand new part within the membership’s evolution, with formidable plans for funding in Previous Trafford, the strengthening of our engagement with followers, and continued drive in direction of our most necessary goal – profitable on the pitch.”

Woodward will formally depart Manchester United in April this yr.

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