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BREAKING NEWS: Manchester United confirm executive vice-chairman Ed Woodward's departure on February 1, with managing director Richard Arnold taking over

Manchester United have confirmed that Richard Arnold will replace Old Trafford chief Ed Woodward on February 1.

In a move that was widely anticipated after Woodward announced last year that he would be standing down as executive vice-chairman in the wake of the failed European Super League, Arnold will move up from his role as group managing director to become the club’s chief executive officer.

Arnold said: ‘I am honoured to have the chance to serve this great club and its fans. I am determined to return that honour in any way I can.