Ex-Man United chief Woodward takes first job since leaving the club
Former Manchester United chief Ed Woodward takes first job since leaving the club last year… with the 51-year-old joining up with Norwich keeper Tim Krul at esports company
- Ed Woodward was executive vice-chairman at Man United for 11 years
- He stepped down in the aftermath of European Super League debacle
- The 51-year-old has joined the board of educational esports company EStars
Former Manchester United chief Ed Woodward has taken his first job since departing the club 15 months ago.
The 51-year-old spent 16 years at Old Trafford and was executive vice-chairman for 11 years.
He stepped down from his role in February last year after criticism from pundits and fans regarding the European Super League debacle.
Woodward has now joined the board of educational esports company EStars as a non-executive director.
EStars is based in Abu Dhabi, UAE, but also focuses on the UK market.
Former Manchester United chief Ed Woodward has taken his first job since departing the club
The company organises esports events in the UK and Ireland, and delivers BTECs in esports as well as numerous other activations and projects aimed at students.
Norwich goalkeeper Tim Krul has been a shareholder in the company since its inception in 2017.
Woodward explained his decision to accept the new role.
He said: ‘When you put together esports, education and a dynamic region such as the Middle East, where curriculum decisions can be made faster than Europe, it is a recipe for success.
‘Joining the team is an easy decision when you add the exceptional leadership and entrepreneurial energy of Mags [founder Mags Byrne].
‘I’m excited about EStars delivering a path of learning for the next generation in the (relatively) new industry of esports.
Woodward stands to make around £1.5million if the Glazers agree a takeover of the club following bids from Sheikh Jassim Bin Hamad Al Thani and Sir Jim Ratcliffe
Norwich and former Holland goalkeeper Tim Krul (above) is a shareholder in EStars
Woodwardwas regarded as a divisive figure among fans after nine years running their business operations.
However, he retained a minor shareholding in the club that will provide him with a seven-figure windfall once the sale is completed.
Woodward, who was the subject of violent fans’ protests over issues including transfer dealings and United’s lack of success, is the only individual outside of the Glazer family to own a ‘B’ share in the club.
Each ‘B’ share grants its owner 10 votes. They make up 67 per cent of the club’s total shareholding. Woodward owns 0.05 of one B share, which could be worth £1.5million if the club is sold for £4.5billion.
Source: Read Full Article