Updated: Friday, 22nd May 2020 @ 2:15pm

Manchester City appoint former Barcelona vice chairman Ferran Soriano as new CEO

Manchester City appoint former Barcelona vice chairman Ferran Soriano as new CEO

By Dean Wilkins

Manchester City are welcoming former vice chairman and CEO of Barcelona Ferran Soriano to the club.

Soriano will take over as CEO at the Etihad Stadium and is tasked with furthering the Premier League champions’ off-field development.

The former Catalonian hero – who turned the club’s losses into profits – has worked in telecommunications, consumer goods and aviation before finding his feet in the executive role of football.

City Chairman Khaldoon Al Mubarak said,  “The process of finding a Chief Executive Officer has been deliberate, far reaching and exhaustive. In Ferran we have our preferred candidate. 

“His experience in football and in the wider commercial world make him exceptionally well equipped to lead Manchester City through its continued evolution.

“It is important to recognise and thank the Board, the Executive Leadership Team and in particular, Interim Chief Executive, John MacBeath, for their hard work during the search period.”

Soriano joined Barcelona as the club were making losses of €73million and only earning €123million, withing five years he brought in €308million revenue and profits of €88million.

Ferran Soriano said: “I am delighted to take up the position of Chief Executive Officer of Manchester City Football Club. The vision of the owner together with his commitment, and that of the Chairman and Board, make this opportunity absolutely compelling.

“The Club has incredible potential to be fulfilled both on and off the field.  I very much look forward to playing my part to ensure that happens.”

 

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