As featured on NewsNow: Football news

Woodward sitting on fortune of Man Utd shares

Former Manchester United chief Ed Woodward may have left the club, but he is still being paid handsomely.

The 52-year-old helped the Glazer family buy United in 2005, eventually becoming the club's executive vice-chairman.

Having spent more than a billion on players during his time in charge, and having no Premier League or Champions League title to show for it, Woodward moved on 20 months ago.

The Athletic notes that Woodward does own 551,486 Class A shares in the Old Trafford club.

He will now be set to earn a tidy sum when Sir Jim Ratcliffe's INEOS buys a portion of every shareholder's stake.

Woodward would get $4.5 million if he were to sell all his shares, but that is unlikely.

Video of the day:

About the author

Ansser Sadiq

Have your say
×

Subscribe and go ad-free

For only $10 a year

  1. Go Ad-Free
  2. Faster site experience
  3. Support great writing
  4. Subscribe now
Launch Offer: 2 months free
×

Subscribe and go ad-free

For only $10 a year

Subscribe now
Launch Offer: 2 months free