Richard Arnold is a British accountant who was chief executive officer of Manchester United. We will discuss details of Richard Arnold’s net worth in this write-up.
Who is Richard Arnold?
Richard Arnold was born on April 26, 1971, and was educated at King’s School, Chester, and the University of Bristol in the United Kingdom, earning a Bachelor of Science in Biology in 1993.
He qualified as a chartered accountant in 1996 and currently serves as the governor of King’s School, Chester. Arnold joined PricewaterhouseCoopers (PwC) in 1993, where he was working as a senior manager in telecommunications and media. While at PwC, he worked on the privatization of Saudi Telecom Company (STC) and was involved in the successful initial public offering (IPO) of Orange Telecommunications in the UK.
After six years at PwC, Arnold joined Global Crossing Europe Ltd., a global telecommunications company, and assisted them with their restructuring of the business between 1999 and 2002.
Richard Arnold was appointed Deputy Managing Director of InterVoice Ltd. in 2002, with responsibility for the international channel sales and marketing division of the technology company (InterVoice Inc.), listed on the NASDAQ stock exchange.
Richard Arnold’s career at Manchester United Explored
In 2007, Arnold joined Manchester United as group commercial director. He was promoted group managing director and director of Manchester United PLC on July 1, 2013, assuming control of the club’s business operations after Chief Executive David Gill was replaced by Executive Vice-Chairman Ed Woodward.
Arnold sits on the boards of Manchester United Television (MUTV) and Manchester United Merchandising Limited. During his time at the club, he has been instrumental in growing the global appeal of the Manchester United brand, opening commercial offices in Mayfair (London), New York City, and Hong Kong.
Richard Arnold has overseen the signing of a number of lucrative sponsorship contracts, including a world record seven-year US$600 million kit sponsorship deal with General Motors/Chevrolet (2014) and a $1.3 billion sports equipment deal with Adidas over 10 years (2015), the most valuable in sporting history at the time.
Following the sale of the club, it was announced that there were going to be a lot of changes in the club, not only on the field but also on the board. One of those is the CEO position, and General Counsel Patrick Stewart is now expected to take over as chief executive on an interim basis while the club decides on a permanent replacement.
Richard Arnold was nominated as a finalist by the Institute of Directors (IoD) for the Young Director of the Year in 2004 and 2005 for his work at InterVoice. In 2011, he was nominated for SportBusiness International Magazine’s Sports Innovator of the Year for his commercial achievements with Manchester United.
What is Richard Arnold net worth?
Richard Arnold has worked for some top reputable firms throughout his career, even though he is well known for his association with English Premier League club Manchester United. There is no doubt that he made some good income and personal investments throughout those periods of working for top firms. Currently, Richard Arnold has an estimated net worth of £740,000 to £1 million.