Ken Friar is set to be named new life president of Arsenal.
The London Evening Standard says Arsenal executive director Friar is to become a life president of the club after deciding to step down from the board and retire from his executive responsibilities.
Announcing his decision to step down on Tuesday, Friar said: “Every day of my working life has been at this great club and I have treasured them all. It has been an honour and a privilege to see the club grow whilst maintaining its core traditions and values.
“Society, football and the club have all changed radically over the years but Arsenal has remained a constant force. We've won and lost many football matches but we have always recognised that as a club we play a really important role in our local community and beyond. I know that will continue as we move forward.
“I made this decision several months ago before the pandemic arrived. The club is in the hands of good people in Stan and Josh Kroenke, the board and our staff.
“They understand what we stand for and what we mean to our many millions of supporters around the world. I look forward to finally being able to watch our matches purely as a supporter without the inevitable concerns and stresses which come with management and board responsibilities."
Speaking on behalf of our owners, Kroenke, Sports & Entertainment, Stan and Josh Kroenke said: “Mr Friar epitomises everything we strive for as a club. He is always looking forward and has a relentless desire to make Arsenal stronger and better.
“We thank him for everything. Seventy years working for one organisation is extraordinary. The support, counsel, and wisdom he has shown us and so many hundreds of people during his time at the club will never be forgotten.
“We are sad that he has decided to step down from the board but fully understand. He will always be a big part of what the club stands for and we're delighted that he has accepted the invitation to become our life president."
