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Manchester United claim discussions with fans over share scheme are ‘advanced’

Co-chairman Joel Glazer proposed a scheme in June to enable fans to build an ownership stake in the club.

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Manchester United fans could get the opportunity to buy a stake in their club (Martin Rickett/PA)

Manchester United fans could get the opportunity to buy a stake in their club (Martin Rickett/PA)

Manchester United fans could get the opportunity to buy a stake in their club (Martin Rickett/PA)

Manchester United have said talks with supporters to create a fans’ share scheme have reached an advanced stage.

United co-chairman Joel Glazer proposed a scheme in June to enable fans to build an ownership stake in the Premier League club.

This came in the wake of a fresh wave of protests against the ownership of the Old Trafford outfit, which in turn was sparked by the club’s involvement in the doomed European Super League project.

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Avram Glazer (left) and Joel Glazer (right) are both directors at United (Dave Thompson/PA)

Avram Glazer (left) and Joel Glazer (right) are both directors at United (Dave Thompson/PA)

Avram Glazer (left) and Joel Glazer (right) are both directors at United (Dave Thompson/PA)

Glazer said at a fans’ forum that he hoped the proposal would “reset the relationship” with supporters and “strengthen the club as a whole”.

Updating on the matter, the club have revealed discussions with the Manchester United Supporters Trust have been under way for “several months” but no indication of a target date for their conclusion has been given.

A club statement read: “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.

“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.”

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The Glazers’ decision to join the European Super League sparked fresh protests against the owners (Barrington Coombs/PA)

The Glazers’ decision to join the European Super League sparked fresh protests against the owners (Barrington Coombs/PA)

The Glazers’ decision to join the European Super League sparked fresh protests against the owners (Barrington Coombs/PA)

It is intended that a new class of shares will be created carrying the same voting rights as those of the Glazer family, whose controversial ownership of the club began in 2005.

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The statement added there are still legal complexities to be worked through but that a fans’ advisory board, intended to improve communication between supporters and club, was “close to launch”.


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