August 8, 2022

Manchester United Supporters’ Belief open session on fan share proposals… because the membership strikes a step nearer in direction of delivering the scheme that will provide a SIGNIFICANT stake within the possession of the membership

  • Manchester United have lengthy been in dialogue with the supporters’ belief 
  • Joel Glazer deliberate to arrange the scheme after European Tremendous League fiasco
  • Followers shares would carry the identical voting weight because the Glazer household’s B shares 

Manchester United have moved a step nearer to establishing a followers’ share scheme that will give supporters a big stake within the possession of the membership.

United have been in discussions with the Manchester United Supporters’ Belief for greater than a 12 months after chairman Joel Glazer promised to arrange the scheme as a part of the membership’s response to the failed European Tremendous League.

United and MUST have lastly give you a set of proposals which have been held up by regulatory and authorized problems. They had been accepted by 99 per cent of voters in an exit ballot following the primary of a number of members’ conferences arrange by MUST.

Manchester United followers have lengthy been calling on the Glazers to ship a fan share scheme

Joel Glazer promised to set up the scheme after the failed European Super League project

Joel Glazer promised to arrange the scheme after the failed European Tremendous League mission 

The poll closes on August 9, and if the vast majority of members vote in favour of the proposals they are going to be put earlier than the primary Previous Trafford board.

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Below the scheme, followers shares would carry the identical voting weight because the Glazer household’s B shares, with proceeds from share gross sales being reinvested within the membership. The Glazers and different shareholders wouldn’t revenue from the scheme.

MUST has been striving to revive the scheme because it was worn out by the Glazers’ takeover of United in 2005. It desires to create the largest fan shareholder motion in world soccer, and sees the present proposals as step one in direction of that purpose.

Though, MUST accepts the scheme won’t change the Glazers’ majority holding, it believes it is a important transfer in direction of a greater possession mannequin.

The scheme would give fans shares the same voting weight as the Glazer family's B shares

The scheme would give followers shares the identical voting weight because the Glazer household’s B shares 

The information comes because the membership prepares for a brand new Premier League season.

After a depressing season each on and off the sphere final 12 months, United followers can be hoping the membership can enhance its fortunes underneath new supervisor Erik ten Hag.

Of their quest to shut the hole to the groups that completed above them final season, the membership have introduced in Lisandro Martinez, Christian Eriksen and Tyrell Malacia.

The likes of Paul Pogba, Juan Mata, Edinson Cavani and Jesse Lingard have all left the membership.

United kick-start their season on Sunday in opposition to Brighton at Previous Trafford. 

The Manchester United Supporters' Trust want to create the biggest fan shareholder movement in world football

The Manchester United Supporters’ Belief need to create the largest fan shareholder motion in world soccer