The shares would carry the same voting weight as ‘B’ shares owned by the Glazer family and the American family would not profit from the scheme.
Manchester United Supporters’ Trust (MUST) have begun consulting members over proposals for the creation of a new Fan Shares Scheme at Manchester United, as per The Athletic. They believe fans owning shares is the best long-term guarantee of ensuring supporters have a greater saying on what happens at the club.
MUST held a meeting on Tuesday night and no less than 99% of those who voted in a snap “Exit Poll” said they would be voting to approve the Fan Share Scheme proposal.
All MUST members, including us at Stretty News, will be balloted by August 9 before the fan group can present the results to Manchester United for approval.
MUST have a vision to turn United into a club with a huge fan shareholder base and growing collective ownership stake for supporters.
Their aim is to create the biggest fan shareholder movement in world football and the Fan Share Scheme offers a vital first step towards that long-term goal.
These talks have dragged on for some time and we are looking forward to hearing the full details of the shares offer.