What Manchester United board members will decide at AGM amid possible takeover
Those invited to the offices of Woods Oviatt Gilman LLP today have been warned that "no cameras, recording equipment, electronic devices, large bags, briefcases or packages will be permitted in the Manchester United Annual General Meeting".
Attendees received notice of that in bold italics, with the sentence underlined. They may have to pass through security and a photo ID will also be required.
United's AGM will take place in Rochester, New York, 334 miles away from the Charging Bull on Wall Street. It is not a setting that is naturally accompanied by the Succession theme, and this is not as compelling a tale of siblings mulling over a proposal to buy their company.
In a communique sent by the United chief executive Richard Arnold and chief financial officer Cliff Baty, shareholders have been "cordially invited" to the AGM, to be held at 3.30pm Eastern Time on Wednesday.
Also read: United face three key dates ahead of possible takeover
The shareholders are gathering for two purposes:
1. To elect eleven directors for a one-year term and until the election and qualification of their respective successors in office.
2. To transact such other business as may properly come before the Annual General Meeting and any adjournment or postponement thereof.
The incumbent dozen directors are Joel Glazer, Avram Glazer, Bryan Glazer, Edward Glazer, Kevin Glazer, Darcie Glazer-Kassewitz, Arnold, Baty, Patrick Stewart, Robert Leitao, Manu Sawhney and John Hooks.
In the document of the invitation sent to shareholders that has been seen by the Manchester Evening News, it says the "Board of Directors has nominated the following twelve individuals as nominees for election as members of our Board of Directors at the Annual General Meeting,