Here is all you need to know about ex Juventus and PSG chief Jean-Claude Blanc who can take over Manchester United as the new CEO along with his salary and net worth
Even though Sir Jim Ratcliffe’s Manchester United investment has not yet been finalised, many significant changes have already been alluded to, a report in The Mirror suggests.
Who is INEOS CEO Jean-Claude Blanc likely new Manchester United CEO, salary and net worth in 2023
Ratcliffe seems to have won the battle to purchase stock in the Premier League heavyweights, albeit for a lesser percentage than the 69 percent he had initially eyed up, reported The Mirror.
The current owners, the Glazer family, will continue to have significant influence over sports, but it is anticipated that the billionaire will own around 25% of the company.
Ratcliffe is said to desire control over all sporting decisions should his bid for United succeed. Late October saw the emergence of new reports, one of which appeared in The Athletic, suggesting that his first move may be to appoint Jean-Claude Blanc to succeed departing CEO Richard Arnold.
🚨 Jean-Claude Blanc who left a high-ranking role at PSG last December to oversee the entire INEOS Sport portfolio, is under consideration to replace Arnold who is expected to leave his role in the event Sir Jim Ratcliffe succeeds in his bid for a minority stake.
[via… pic.twitter.com/A670qoOYPz
— United Zone (@ManUnitedZone_) October 26, 2023
Who is Jean-Claude Blanc?
Jean-Claude Blanc, a French businessman and sports executive, was involved with Juventus and Paris Saint-Germain, two of the biggest football teams in France and Italy.
Before Blanc became CEO of Juventus, he served on the board, and one of his greatest achievements there was raising money to build the team’s new arena. As the nation’s first stadium constructed since 1990, the Allianz Stadium became the first privately-owned location for Italian football teams. Blanc departed PSG in December 2022 to work for Sir Jim Ratcliffe.
Overseeing the entire INEOS Sport portfolio pertaining to football, Formula 1, sailing, cycling, rugby, and running is Blanc’s current role.
Blanc joined the Juventus board during the worst time in the team’s history—when it was demoted to the second division (Serie B) as a result of the Calciopoli scandal—and went on to become Chairman of the Board of Juventus Football Club in October 2009. One of Blanc’s greatest achievements was to drastically alter the new stadium project. On October 15, 2011, Blanc submitted his resignation from the Board of Directors position.
Who is Jean-Claude Blanc’s wife?
Jean-Claude Blanc’s wife’s name is Stephanie.
What is Jean-Claude Blanc’s net worth?
Jean-Claude Blanc’s net worth is expected to be around $12 Million.
Jean-Claude Blanc was the highest paid manager at Juventus at one time. By the time his contract expired in 2012, he earned €12 million in compensation, so €2million per season. And while wearing two hats as President and GM/CEO, he earned €2.7 million which was fairly steep.
For his part during COVID, Jean-Claude Blanc, general director of PSG, gave up 30% of his salary, in addition to partial unemployment, posting remuneration of 70,000 euros gross per month after the cut.