The question is why keep him, he’s been part of failure, was appointed by people who have run a football club into the ground. Nothing he has done in last 15 years is any incentive to keep him as CEO. It will be a completely different job under new owners.
If you want to grow the brand, become the biggest and the best on and off the pitch ,develop world class infrastructure, I’m not seeing a lot on Arnold’s CV that suggest he is qualified other than nothing bad was his fault.
The idea that he worked at the club for 14 years in a senior role before taking over from Woodward but gets a free pass is just utter nonsense.