Man Utd confirm two major exits as Sir Jim Ratcliffe and Joel Glazer speak out

Manchester United have confirmed that interim chief executive Patrick Stewart and chief financial officer Cliff Baty are the latest to leave the club as part of INEOS’ restructuring. Club co-owners Sir Jim Ratcliffe and Joel Glazer have spoken out about the new changes to the hierarchy at the start of a new chapter.

On Tuesday night, a club statement confirmed that Stewart and Baty had mutually agreed to depart Old Trafford at the end of the season.

Jean-Claude Blanc – chief executive of INEOS Sport and on United’s football board alongside Sir Dave Brailsford – will temporarily take over from Stewart until Omar Berrada starts his post on July 13.

Former INEOS chief financial officer Roger Bell will replace Baty, emphasizing the control Ratcliffe has inherited beyond football operations since purchasing a 27.7 per cent stake in February.

“I would like to personally thank both Patrick and Cliff for their support in helping us get to know the club and making us feel welcome and I respect their decisions to now move on as we establish a new management team for the club,” Ratcliffe said.

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Glazer added: “I would like to thank Patrick and Cliff for their dedicated service to Manchester United and wish them well for the future.

“Both have been a source of invaluable advice and expertise over many years, and Patrick has served an important role as interim CEO during this transitional phase.”

Stewart has been employed by United since 2006 and replaced Richard Arnold on an interim basis after his departure at the start of the year.

Baty became the club’s CFO in March 2016 and has been on the board of directors since December 2017.

The pair join Arnold and football director John Murtough among the higher-ups to be leaving United as part of Ratcliffe’s upheaval.

Berrada will become the club’s new chief executive in July once he has served his gardening leave at Manchester City.

Murtough will be replaced by Newcastle United sporting director Dan Ashworth, also serving gardening leave, which could extend into 2025 if no compensation package is agreed.

Jason Wilcox has already landed in M16 as technical director after United agreed a fee with Southampton, where he served as sporting director.

The Athletic report that an all-company meeting will take place on Wednesday, with Ratcliffe and Blanc among those set to be present.

Plans for the next stages of INEOS’ restructuring at Old Trafford are expected to be outlined.