Manchester United chief executive, David Gill, has revealed he will step down from his role with the Barclays Premier League leaders on 30th June, remaining a director of the club, with executive vice chairman Ed Woodward set to assume CEO responsibilities.
The 55 year-old joined the Red Devils as finance director in February 1997, becoming chief executive in 2003.
The chartered accountant was named vice chairman of the Football Association in October last year and has been nominated as its candidate in the upcoming UEFA Executive Committee elections in May 2013.
In a statement, Gill said: It has been the greatest privilege to serve Manchester United. I have worked alongside the finest manager in the history of the game and been part of what I consider to be the best club in the best sport in the world.’
‘It has been a very hard decision because I love this club and, as the fans’ banner says, it is ‘more than a religion’. I’ve experienced some incredible highs, such as the Treble in 1999 and the Premier League and Champions League double in 2008, and lows, like losing the title with the last kick of the season last year. But that is what makes this club and this sport so compelling.’
From 1st July, former banker Ed Woodward – who joined United in 2005, initially focusing on developing the growth strategy of the club – will take over Gill’s duties.
Gill added: ‘I’m delighted Ed has accepted the role. I have worked with him for more than seven years.’
‘I am looking forward to continuing my involvement on the club board and I hope to be able to make a contribution to the game on a wider national and European level.’
Last week the League leaders announced a significant rise in profits for the second half of 2012, with pre-tax profits rising to over £20 million.