Advertisement
Australia markets close in 4 hours 16 minutes
  • ALL ORDS

    8,049.20
    +50.00 (+0.63%)
     
  • ASX 200

    7,779.40
    +51.80 (+0.67%)
     
  • AUD/USD

    0.6636
    +0.0006 (+0.08%)
     
  • OIL

    77.86
    +0.14 (+0.18%)
     
  • GOLD

    2,340.40
    +5.90 (+0.25%)
     
  • Bitcoin AUD

    104,106.71
    -178.13 (-0.17%)
     
  • CMC Crypto 200

    1,493.49
    +25.39 (+1.73%)
     
  • AUD/EUR

    0.6115
    +0.0006 (+0.09%)
     
  • AUD/NZD

    1.0826
    +0.0002 (+0.02%)
     
  • NZX 50

    11,745.63
    -37.76 (-0.32%)
     
  • NASDAQ

    18,808.35
    +184.95 (+0.99%)
     
  • FTSE

    8,317.59
    -21.64 (-0.26%)
     
  • Dow Jones

    39,069.59
    +4.29 (+0.01%)
     
  • DAX

    18,693.37
    +2.07 (+0.01%)
     
  • Hang Seng

    18,710.37
    +101.43 (+0.55%)
     
  • NIKKEI 225

    38,705.65
    +59.54 (+0.15%)
     

UPDATE 1-Manchester United's John Murtough to step down as football director

(Adds executive comment in paragraph 2; and background in paragraphs 3-4)

April 9 (Reuters) - British soccer club Manchester United said on Tuesday that John Murtough would step down as football director after nearly 11 years at the club.

"John has mutually agreed with us that now is the right time to step aside and allow the new football leadership structure to be put in place," Manchester United co-Chairman Joel Glazer said.

The announcement comes months after British billionaire Jim Ratcliffe

took control

of football operations at the Premier League club with his acquisition of a 25% stake for $1.25 billion.

The American Glazer family retains a majority stake in the club. (Reporting by Akash Sriram in Bengaluru; Editing by Anil D'Silva)