Last updated on .From the section Premier League

Gary Hoffman (left) had a spell as vice-chairman at Coventry City

Investment banker Gary Hoffman has been named as the new chairman of the Premier League.

The 59-year-old succeeds acting chair Claudia Arney and will work alongside Richard Masters, who was appointed chief executive in December.

Richard Scudamore had previously held the position of executive chairman from 2014 until the end of 2018.

"It is an honour to join the Premier League as chair," said Hoffman after a shareholder meeting on Friday.

"Everyone in football, at home and abroad, is coming together to support one another through the Covid-19 pandemic.

"I am convinced this spirit of togetherness will help the game we cherish, and the Premier League, endure long into the future."

Hoffman has held positions with Northern Rock, NBNK Investments, Barclays and Visa and is chairman of the Coventry Building Society and Monzo Bank.

Chelsea chairman Bruce Buck, who is also chair of the Premier League nominations committee, said: "Gary was the outstanding candidate in an extensive and highly competitive search process.

"At a vital moment in our history, Gary's knowledge and skills are sure to help us through this very difficult period."