Manchester United legend Sir Alex Ferguson will play a role in the new management structure.
INEOS chief Sir Jim Ratcliffe is close to securing 25 percent of the Old Trafford club in the coming weeks.
Per The Telegraph, one of the key changes is to bring in personnel to run the football department.
Richard Arnold is out as chief executive, with Jean-Claude Blanc a possible replacement.
The second position is for sporting director, where Paul Mitchell and Crystal Palace sporting director Dougie Freedman are among the favorites.
Freedman has a great relationship with Sir Alex, which may work in his favor, as the source states that Ratcliffe will ask for Ferguson's opinion on the hire.