Top Ad
I DIG Radio
www.idigradio.com
Listen live to the best music from around the world!
I DIG Style
www.idigstyle.com
Learn about the latest fashion styles and more...

Man Utd to create fan ownership scheme

Written by 
Published in Soccer
Friday, 04 June 2021 14:15

Manchester United said on Friday it would create a fan advisory board and share ownership scheme as the club steps up engagement with its supporters.

The move comes close on the heels of protests last month against the club's American owners, who were central to plans for a breakaway European Super League. The protests led to the postponement of a Premier League match at home to Liverpool.

- La Liga on ESPN+: Stream LIVE games and replays (U.S. only)

"Fans are the lifeblood of Manchester United and I am personally committed to ensuring that they are given an enhanced voice, through the creation of a Fan Advisory Board and a Fan Share Scheme," United owner and co-chairman Joel Glazer said in a statement.

The fan advisory board will consult with the club's senior leadership and owners and will be made up of representatives from fan groups.

The club said it has started a direct dialogue with Manchester United Supporters Trust to identify a mutually beneficial fan share scheme involving a new class of shares, which will each carry the same voting rights as the shares owned by the Glazer family.

"Joel Glazer was held to account on a series of issues including debt, dividend payments, tickets prices, lack of investment in the stadium and lack of engagement with supporters for 16 years," the fan group said in a statement.

"MUST is cautious about whether this Fan Share Scheme will meet their own tests before they give it approval as despite the huge concession on voting rights that this proposal signals as ever the devil is always in the detail.

"In particular, despite Joel Glazers' assertion that this will be 'the largest fan ownership group in world sport,' MUST is concerned that there is a risk that the scheme will limit the number of such Fan Shares made available so reducing the opportunity for this to achieve a meaningful collective fan ownership stake -- and ultimately with the potential to result in a change in control of the club."

The supporters in the past had urged the club to take several steps including opening up shares to fans.

Read 240 times

Soccer

Everton's fight to stay in the Premier League: 'You take the knocks, but you keep fighting'

Everton's fight to stay in the Premier League: 'You take the knocks, but you keep fighting'

EmailPrintOpen Extended ReactionsLIVERPOOL, England -- Sylvester Stallone is an Everton supporter an...

Maradona's children want remains in mausoleum

Maradona's children want remains in mausoleum

EmailPrintOpen Extended ReactionsChildren of the late soccer star Diego Maradona have asked a court...

Sources: Man United leading race to sign Olise

Sources: Man United leading race to sign Olise

EmailPrintOpen Extended ReactionsManchester United are considered front-runners to sign Michael Olis...

2026 FIFA


2028 LOS ANGELES OLYMPIC

UEFA

2024 PARIS OLYMPIC


Basketball

Toppin, McConnell help Pacers eliminate Bucks

Toppin, McConnell help Pacers eliminate Bucks

EmailPrintOpen Extended ReactionsINDIANAPOLIS -- T.J. McConnell and Obi Toppin complemented one anot...

'Frustrating': Lillard laments injuries after loss

'Frustrating': Lillard laments injuries after loss

EmailPrintOpen Extended ReactionsINDIANAPOLIS -- After spending the hours leading up to Game 6 getti...

Baseball

Bally Sports channels pulled off air by Comcast

Bally Sports channels pulled off air by Comcast

EmailPrintOpen Extended ReactionsBally Sports channels carried by the distributor Comcast went dark...

Orioles' Bradish gives up 1 run in season debut

Orioles' Bradish gives up 1 run in season debut

EmailPrintOpen Extended ReactionsBaltimore Orioles right-hander Kyle Bradish was reinstated from the...

Sports Leagues

  • FIFA

    Fédération Internationale de Football Association
  • NBA

    National Basketball Association
  • ATP

    Association of Tennis Professionals
  • MLB

    Major League Baseball
  • ITTF

    International Table Tennis Federation
  • NFL

    Nactional Football Leagues
  • FISB

    Federation Internationale de Speedball

About Us

I Dig® is a leading global brand that makes it more enjoyable to surf the internet, conduct transactions and access, share, and create information.  Today I Dig® attracts millions of users every month.r

 

Phone: (800) 737. 6040
Fax: (800) 825 5558
Website: www.idig.com
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Affiliated