Man Utd ‘close to fan share ownership scheme agreement’Following Super League shame


Manchester United is reportedly “close”to agree on the details of its fan ownership plans. These were pledged by its owners in the wake of the European Super League failure.

United supporters have voiced their discontent at the club’s Glazer ownership for nearly two decades, which culminated in large-scale protests after their failed attempt to join the Super League in April.

Sky News Now, it is reported that the club has reached a critical stage of discussions with the Manchester United Supporters Trust about the new initiative.

Supporters will receive an initial share of the club’s shares. This will give them the same voting rights that the B-share class held by Glazer family members.

Club and MUST will reach an agreement before the end of the year
Before the year ends, the club and MUST will come to an agreement.

Sky also reports that the initial part of the scheme will amount to around $10 million. Each of the B-shares, the new fan shares, will have 10 times the voting rights of regular A-shares.

It is believed that club shares will be issued in subsequent years depending on demand from Red Devils fans.

The scheme’s details are set to be formally agreed by the end of the year before being subject to a ballot of MUST members.

Although it is later than Joel Glazer, club co-chairman, stated it in June’s statement, both sides reportedly refuse to see the delay as a blow because of the importance and significance of the new initiative. “workable.”

As reported by Sky News, a Manchester United spokesperson said on Monday: “We are in advanced talks with MUST about a Fans’ Share Scheme which would open a path for fans to build, over time, a meaningful ownership stake in Manchester United.

Is it your opinion that Man United’s new fan share ownership scheme will make them more competitive? We want to hear from you in the Comments section

Man United's Super League architect Ed Woodward will leave the club at the end of the year
Ed Woodward, Man United Super League architect will be retiring at the end the year

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“This would give fans a strong collective voice within our ownership structure and help cement a new spirit of long-term partnership between fans and the club.

“It is necessary to deal with significant legal and regulatory complexities, as well as MUST and expert advisors.”

The news comes at an opportune moment for United fans with their side struggling for form and results in recent months.

Ole Gunnar Solskjaer’s position as manager has come under scrutiny numerous times already this season, with United looking far from the Premier League title many expected them to be after signing Cristiano Ronaldo, Jadon Sancho and Raphael Varane for well over £100million.

Vice-chairman Ed Woodward’s replacement is also yet to be announced with his departure imminent, though managing director Richard Arnold is expected to succeed him.