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Gunners managing director Edelman stands down

01/05/2008

Arsenal managing director Keith Edelman has announced his decision to leave the club after eight years.

Edelman joined the Gunners' setup in 2000 and was specifically charged with arranging and managing the processes involved with the club's construction and move to the Emirates Stadium at Ashburton Grove.

His departure comes two years after the move away from Highbury was completed, and he said it is "the right time to seek pastures new and embark upon fresh challenges".

"I have thoroughly enjoyed my time at Arsenal," Edelman said.

"It has been a very exciting period for the business and I am proud to have contributed to the club's many off-field achievements over the past eight years, not least the Emirates Stadium project."

Arsenal chairman Peter Hill-Wood commented: "Keith has played a major role in the growth of the club since he joined in 2000.

"In that time we have successfully implemented the move from Highbury to Emirates Stadium that has underpinned the future of the business and confirmed our position as one of Europe's leading clubs.

"We are grateful to Keith for his crucial role in this transformation.

"Under Keith's stewardship the club has achieved record profits and the board owes him a debt of gratitude for his contribution. We wish him the very best for the future."

Edelman will remain at the club for the next 12 months in order to complete the transition to his replacement.

The board have confirmed the search for a new managing director is already underway and an update on the situation will be provided "when appropriate".