Manchester United chief executive Richard Arnold is to leave the club after 16 years as Sir Jim Ratcliffe’s deal for a 25% stake in the Old Trafford side nears completion.
Arnold replaced Ed Woodward in February 2022 and will provide “transitional support” until the end of December.
His departure comes as Ratcliffe’s Ineos Group prepares to finalise its £1.25bn minority purchase of United.
No announcement on Ratcliffe’s deal is expected on Wednesday.
General counsel Patrick Stewart will take over as chief executive on an interim basis while the club decides on a permanent replacement.
“It has been an incredible privilege to serve this great football club for the past 16 years,” said Arnold, 52.
“Through highs and lows, the constant has been the dedication of our employees and fans. I would like to thank all of them for their loyalty and commitment, and wish everyone associated with the club the very best for the future.”