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Manchester United fans group demands stake for supporters after any sale

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independent.co.uk

The Manchester United Supporters Trust has demanded a stake for fans in any new ownership structure at Old Trafford after the Glazers put the Premier League club up for sale.The Glazers – who bought United in a controversial £790million leveraged buy-out in 2005 – announced on Tuesday night they were “exploring strategic alternatives” which do include a possible sale.MUST welcomed news that the unpopular American owners might be on their way out after 17 years of control at Old Trafford but added a note of caution regarding who might replace them.“Whilst supporters have long called for change, of course this has to be the right change,” a statement said. “At this moment in time our club needs new investment more than ever.

That requires new ownership.“Any prospective new owner or investor has to be committed to the culture, ethos and best traditions of the club.“They have to be willing to invest to restore United to former glories, and that investment must be real new money spent on the playing side and the stadium.“Finally any new ownership structure must embed supporters, including a degree of fan share ownership, in their operating model.“Manchester United’s fans are its greatest asset and hold the key to unlocking the true value of any football club.

That relationship has to be one of equals – sharing in ownership and unified with the same goals.”After years of rebuffing demands that they sell up, the Glazers now seem prepared to relinquish control.United said the board of directors were starting a process “designed to enhance the club’s future growth” with the intention of maximising opportunities on and off the pitch.A club statement read: “As part of this process, the board will consider all strategic

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