Sir Dave Brailsford, the mastermind behind Team Sky and its Ineos-Grenadiers successor, is stepping away from cycling to focus on his new role at Manchester United, concentrating on an audit into the club after Sir Jim Ratcliffe's £1.25bn purchase of a quarter stake.
Brailsford, who founded Team Sky in 2010 and oversaw seven Tour de France wins, will serve as chief sporting adviser to Ratcliffe, conducting an overhaul of the distressed asset. He has been a regular visitor to Old Trafford since Ratcliffe's deal was confirmed on Christmas Eve.
Meanwhile, Manchester United have poached Omar Berrada from City Football Group to be their new CEO, replacing Richard Arnold. Berrada, previously chief football operations officer at City, will take up the role in the summer, reporting to Ratcliffe and the Glazers.
United's latest quarterly figures show the Glazers' debt has increased to £773m, with an additional £364m owed in unpaid transfer fee instalments. Ratcliffe is understood to be patient with manager Erik ten Hag, but investment in January may be limited.
