06 Jun Manchester United to create fan advisory board, fan share possession scheme
Manchester United stated on Friday it could create a fan advisory board and share possession scheme because the membership steps up engagement with its supporters.
The transfer comes shut on the heels of protests final month towards the membership’s American homeowners, who have been central to plans for a breakaway European Tremendous League. The protests led to the postponement of a Premier League match at residence to Liverpool.
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“Followers are the lifeblood of Manchester United and I’m personally dedicated to making sure that they’re given an enhanced voice, by the creation of a Fan Advisory Board and a Fan Share Scheme,” United proprietor and co-chairman Joel Glazer stated in a press release.
The fan advisory board will seek the advice of with the membership’s senior management and homeowners and will likely be made up of representatives from fan teams.
The membership stated it has began a direct dialogue with Manchester United Supporters Belief to determine a mutually useful fan share scheme involving a brand new class of shares, which is able to every carry the identical voting rights because the shares owned by the Glazer household.
“Joel Glazer was held to account on a sequence of points together with debt, dividend funds, tickets costs, lack of funding within the stadium and lack of engagement with supporters for 16 years,” the fan group stated in a press release.
“MUST is cautious about whether or not this Fan Share Scheme will meet their very own exams earlier than they provide it approval as regardless of the massive concession on voting rights that this proposal alerts as ever the satan is all the time within the element.
“Particularly, regardless of Joel Glazers’ assertion that this will likely be ‘the biggest fan possession group in world sport,’ MUST is worried that there’s a threat that the scheme will restrict the variety of such Fan Shares made obtainable so lowering the chance for this to attain a significant collective fan possession stake — and finally with the potential to lead to a change in charge of the membership.”
The supporters up to now had urged the membership to take a number of steps together with opening up shares to followers.