Advertisement
Singapore markets closed
  • Straits Times Index

    3,292.96
    +10.91 (+0.33%)
     
  • S&P 500

    5,116.17
    +16.21 (+0.32%)
     
  • Dow

    38,386.09
    +146.43 (+0.38%)
     
  • Nasdaq

    15,983.08
    +55.18 (+0.35%)
     
  • Bitcoin USD

    62,955.66
    -677.18 (-1.06%)
     
  • CMC Crypto 200

    1,290.56
    -48.51 (-3.62%)
     
  • FTSE 100

    8,170.10
    +23.07 (+0.28%)
     
  • Gold

    2,324.00
    -33.70 (-1.43%)
     
  • Crude Oil

    82.86
    +0.23 (+0.28%)
     
  • 10-Yr Bond

    4.6140
    -0.0550 (-1.18%)
     
  • Nikkei

    38,405.66
    +470.90 (+1.24%)
     
  • Hang Seng

    17,763.03
    +16.12 (+0.09%)
     
  • FTSE Bursa Malaysia

    1,575.97
    -6.69 (-0.42%)
     
  • Jakarta Composite Index

    7,234.20
    +78.41 (+1.10%)
     
  • PSE Index

    6,700.49
    -69.15 (-1.02%)
     

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)