David Gill will step down after 10 years as Manchester United’s chief executive officer on June 30 and former JPMorgan Chase & Co. banker Ed Woodward will take his responsibilities at the 19-time English soccer champion.
Manchester United failed to meet its target for season ticket sales as the British economy struggled and some disgruntled supporters stayed away in protest of the English Premier League soccer’s club’s ownership.
Michel Platini, president of European soccer’s governing body, met with French politicians yesterday as they seek to introduce controls that may curb Qatari-owned Paris Saint-Germain’s record spending on players.
Manchester United Plc team owner Malcolm Glazer is so loathed by fans that some once burned him in effigy. They might hate him even more if they learn how he tried to hide the true state of the soccer club’s finances before its August initial public offering.