" On moving into the role of Chief Operating Officer, George Delves commented: “It is important to be clear that this isn’t a direct replacement for the CEO role, rather that there has been a fundamental shift in how the club wishes to function, meaning that specific role is no longer required at the present time."
So it would appear that the CEO was made redundant. If so this is a brilliant move from the board as a way to get rid as it should have vastly reduced any potential settlement pay out he would have been due.
The greed of Premier League clubs is frankly unbelievable. Proof if it were needed that Premier League clubs don't care one bit about their fans. They simply see them as a a source of revenue for a business which is all the EPL really is. I would love them all to go bust and genuinely wouldn't care.