Man Utd owners the Glazers open talks with fans over SELLING stake in club to them amid fresh protests this weekend
MANCHESTER UNITED’S owner has reportedly opened talks with fans over selling a stake in the club to them.
Supporters are planning a fresh anti-Glazer protest ahead of Erik ten Hag’s first game in charge this weekend.
Club chiefs had hoped that the appointment of the Dutchman would help to quell supporter unrest that has been growing ever louder in recent seasons.
But their hopes appear to be in vain, with supporters group “The 1958” organising a protest for this Sunday.
As reported yesterday, The 1958 want fans to congregate at Salford Quays two hours before United’s 2pm kick-off against Brighton before marching to Old Trafford.
However, the Daily Mail now claims that United “have moved a step closer to setting up a fans’ share scheme” which would give fans “a significant stake in the ownership” of the club.
Talks have been taking place with the Manchester United Supporters’ Trust for over a year since the failed launch of the European Super League.
The two camps have “finally come up with a set of proposals that have been held up by regulatory and legal complications” which have now been “accepted by 99 per cent of voters in an exit poll” at the first of a number of members’ meetings organised by MUST.
Now they will be put to the United board if the majority of members vote in favour of the proposals when the ballot closes on August 9.
It would allow fans to “carry the same voting weight as the Glazer family’s B shares, with proceeds from share sales being reinvested” in United – with both the Glazers and other shareholders not profiting from the scheme.
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An original supporters’ scheme was axed when the Glazers completed their takeover of United in 2005.
MUST have been trying to revive it and “create the biggest fan shareholder movement in world football”.
Now they view the current proposals as the first step to making that a reality.
Even though they do accept that the scheme will not change the Glazers’ majority holding, they do believe it will help to make a better ownership model.
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