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April 21, 2021

Ed Woodward resigns as vice-chairman of Manchester United over European Super League backlash

Ed Woodward resigns as vice-chairman of Manchester United over European Super League backlash?

Manchester United executive vice-chairman, Ed Woodward has resigned from his position at the club following the backlash over the European Super League. 


Woodward’s resignation comes after Manchester United were heavily criticised by their own supporters for agreeing to join a breakaway European Super League with 16 other top clubs.


ESPN journalist, Mark Ogden shared the news on Twitter. 


He wrote: "Confirmed. Ed Woodward has stepped down as Man Utd execvice-chairmann. Was planning to quit in summer, butthee ESL fiasco has brought it to a head now."

 


Woodward, a 49-year-old former banker replaced CEO David Gill as chairman of the Red Devils back in 2013 and has faced enormous criticism during his time at Old Trafford, having failed to win the Premier League during his reign.


He was rumoured to have been one of the “brains” behind the Super League, which was debt-financed by JP Morgan.

 

Woodward is a former employee of JPM and their banking facilities were used in the controversial take-over of United.





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