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US billionaire Leon Cooperman has reportedly purchased one million shares in Manchester United just days before Sir Jim Ratcliffe's INEOS Group prepares to finalize its purchase of a 25% stake in the club. This comes as Chief executive Richard Arnold is confirmed to depart from the club, with Patrick Stewart taking interim charge. Jean-Claude Blanc is under consideration for the role on a permanent basis. Arnold's departure marks a gear change under Jim Ratcliffe's leadership, signaling a shift towards ability over familiarity. Simon Jordan isn't surprised to see Richard Arnold depart his position at #MUFC, citing various reasons including the mishandling of the Ronaldo situation. Additionally, Aston Martin F1 Team has welcomed investment from Arctos Partners, a US-based private equity firm, while Canadian billionaire Lawrence Stroll has sold a minority stake in the team to Arctos Partners at a £1bn valuation.
Canadian billionaire Lawrence Stroll has sold a minority stake in the Aston Martin F1 team to US private equity firm Arctos Partners https://t.co/Nudj4xnNoi
Canadian billionaire Lawrence Stroll has sold a minority stake in the Aston Martin F1 team to US private equity firm Arctos Partners https://t.co/cl2jEFuVRe
Arctos invests in Aston Martin F1 team at £1bn valuation https://t.co/QdV88S3a8m
.@AstonMartinF1 has gotten the deeply connected U.S. based private equity firm Arctos Sports Partners to invest in the team, Arctos' first deal in F1. 🔲 Arctos is also involved with @JoeGibbsRacing through Arctos' relationship with Harris Blitzer Sports & Entertainment. https://t.co/6vnltgz75U
Aston Martin F1 Team welcomes investment from Arctos Partners. Arctos will provide our team with deep sports industry knowledge and a robust network of influential relationships to support our continued growth. Click below to find out more.
"He will hope that he will be remembered for transforming the commercial department, but the Greenwood fiasco will leave a huge stain on his legacy" ⬇️ @CharDuncker on Richard Arnold's Manchester United exit https://t.co/8Mwsj2Yu7A
“This isn’t schoolboy football! It’s absurd!” “Is the manager going to read him a bedtime story? He’s a professional sportsman!” 😅 Simon Jordan slams Aaron Ramsdale’s dad for speaking out against his son’s treatment. 🔴 https://t.co/xi8C5zBNbb
“Richard Arnold’s been asking for this!” 😱 “From being recorded meeting fans in the pub, to how they bungled the Ronaldo situation..” Simon Jordan isn’t surprised to see Richard Arnold depart his position at #MUFC. 👋🔴 https://t.co/B5Jn6yubAO
EXCLUSIVE: Danny Murphy hits back at Aaron Ramsdale's dad for getting involved in goalkeeping row More here 👇 https://t.co/ch8rPCnCbP
“There’s a structure of authority!” 😡 “When you ask a manager to explain themself after a game, they get prickly and nasty!" Simon Jordan blasts the frequent requests for referees to explain big VAR decisions. 📺 https://t.co/xKeQiO7U7k
And so the transition begins at #MUFC. CEO Richard Arnold leaving on “good terms” and with “thanks” of the club, especially with commercial work (adidas deal etc). Worked hard, well-meaning but not in David Gill's league. The slide was painfully evident on the pitch. Patrick… https://t.co/Z7LXZ9KxRC
Confirmed: Chief executive Richard Arnold to depart #MUFC, with club legal counsel Patrick Stewart taking interim charge. Jean-Claude Blanc under consideration for the role on a permanent basis. By @AdamCrafton_ https://t.co/dgzrap4ZPg
Part of Man Utd's repeated failures over the last 10 years has been due to promoting ill-suited internal staff to key jobs -- Ed Woodward and Richard Arnold the two most obvious. Arnold's exit marks a gear change under Jim Ratcliffe and (maybe) an era of ability over familiarity
Richard Arnold's departure, yet to be officially confirmed, comes as Sir Jim Ratcliffe's INEOS Group prepares to finalise its purchase of a 25% stake in the club. #BBCFootball https://t.co/eR3OaLD6OC
US billionaire Leon Cooperman 'purchases ONE MILLION shares in Manchester United' - just days before Sir Jim Ratcliffe's deal to take over 25 per cent of the club is set to be ratified https://t.co/b3pZXi8mPQ https://t.co/eKcTDEgwF6