Jean-Claude Blanc tipped to become Manchester United CEO under Sir Jim Ratcliffe
Richard Arnold is the current CEO at Manchester United
Kaveh Kaveh Solhekol of Sky Sports claims that Blanc may be destined for a position in the Red Devils’ administration. Ratcliffe knows the French billionaire well; he has been working with INEOS until February.
Blanc left the Ligue 1 powerhouses in 2022 after spending 12 years there during the height of their Qatari ownership. He played a significant role in Juventus’ comeback after being demoted due to scandal. According to The Times, the Frenchman served as the Old Lady’s president and CEO from 2009 to 2011.
There are rumours that Blanc is being considered to take over as Manchester United’s next CEO. This will cast doubt on Richard Arnold, the current CEO, who has come under fire for how he has handled Mason Greenwood’s predicament.
Ratcliffe is expected to pay £1.3 billion for a 25% ownership in United. The chairman of INEOS attempted to acquire the company outright, but the Glazers refused to lower their price for the 13-time Premier League Champions.
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Sheikh Jassim, a financier from Qatar, withdrew from the bidding process a few days ago due to this assessment. After that, Ratcliffe became the front-runner to sign a contract to become an investor in the Red Devils.
Before taking the helm as CEO of Juventus, Blanc was on the board and one of his most noteworthy accomplishments there was obtaining capital for the construction of their new arena. The Allianz Stadium became the first privately-owned venue among Italian football clubs and the country’s first stadium built since 1990.
United supporters will be curious to see if he will be adding the Red Devils to his already enormously lengthy list of duties. Or will Blanc ignore INEOS’s other sports entities and concentrate only on the massive Premier League?
These specifics are still up in the air, but someone committed to the mission will be required for a sporting endeavour the size of United.