Man Utd ‘target former PSG and Juventus chief to take over from Richard Arnold as CEO’ in major boardroom overhaul

MANCHESTER UNITED are reportedly targeting Jean-Claude Blanc to take over as their new CEO.

The Red Devils announced earlier today that Richard Arnold would be leaving his position as CEO after 16 years with the club.

AFP

Manchester United are reportedly targeting Jean-Claude Blanc as their new CEO[/caption]

PA

The club has announced Richard Arnold would be stepping down from his position as Chief Executive[/caption]

Arnold is being temporarily replaced by Patrick Stewart who will come in as interim Chief Executive.

And TalkSPORT have reported that Blanc is being lined up as his permanent replacement.

The Frenchman currently oversees the sporting portfolio at INEOS the company owned by Sir Jim Ratcliffe.

British billionaire Ratcliffe is expected to complete his 25 percent acquisition of Manchester United in the coming days.

And it is understood that he has made the decision to replace Arnold with Blanc going forward.

Jean-Claude Blanc has a history within football and previously worked for both Paris Saint Germain and Juventus.

The 60-year-old was a sports marketing executive for the Parisians and held a brief spell as CEO at Juve.

Ratcliffe and his colleagues are expected to take control of football operations when his takeover is completed.

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And the introduction of a well known CEO would help him to change things up as Man Utd go through a period of transition.

There has also been new investment in the club this week as US billionaire Leon Cooperman bought just shy of ONE MILLION shares in the Manchester giants.

Although his £13.5m investment is significantly less than the £1.4bn that Ratcliffe is expected to pay for his 25 percent stake.

Getty

Blanc works for INEOS which is owned by Sir Jim Ratcliffe[/caption]