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Arsenal Reshapes Board, Elevates Garlick to CEO as Kroenke Influence Grows

Advisers warn the new setup must steer transfer spending within UEFA’s squad-cost limits.

Overview

  • Tim Lewis’s departure was confirmed on 19 September after he declined an offer to stay on as a reduced‑pay non‑executive director, with reports saying his salary had recently risen to about £2 million.
  • Richard Garlick has been promoted from managing director to chief executive, taking on Lewis’s responsibilities without an immediate replacement named for his former role.
  • KSE-linked figures Kelly Blaha, Otto Maly and Dave Steiner, along with producer Ben Winston, joined as non‑executive directors, with Winston’s appointment drawing mixed reactions from supporters.
  • The Times reports an August dispute over the Eberechi Eze move, with Garlick flagging UEFA compliance risks around a £67.5 million fee and Lewis backing the transfer push.
  • Former financial advisers caution Arsenal are near UEFA’s squad‑cost threshold, increasing pressure on the revamped board as Josh Kroenke is expected to assume a more hands‑on role.