Ed Woodward is to leave his role as executive vice-chairman of Manchester United, Stats Perform News understands.
The news came amid widespread speculation a planned European Super League is set to collapse.
Woodward was reportedly one of the driving forces behind the planned 12-team breakaway, which was announced on Sunday.
The proposals proved hugely unpopular and drew widespread criticism from fans, pundits and players – including United s own Marcus Rashford and Luke Shaw – along with managers and politicians, with UEFA promising harsh sanctions for the clubs involved.
It is understood the 49-year-old Woodward was already set to leave the club at the end of 2021 and that he will continue to fulfil his duties until then.
Woodward s departure is said to be an amicable one and not related to the European Super League.
Often a decisive figure with United s fanbase, Woodward effectively acted as the club s chief executive, having previously advised the Glazer family during their takeover at Old Trafford in 2005.
Woodward took on a commercial role at the club two years later, before being appointed as an executive vice-chairman in 2012, following David Gill s retirement.
Though he helped secure big-money signings such as Paul Pogba and Bruno Fernandes, Woodward s running of United has drawn much criticism.