Manchester United Units out Imaginative and prescient for New Period of Dialogue and Session With Followers

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Manchester United has set out its imaginative and prescient for a brand new period of dialogue and session with followers, together with the creation of a Fan Advisory Board and a Fan Share Scheme.

Joel Glazer, Government Co-Chairman, met with the membership’s Followers’ Discussion board on Friday to start discussions.

Within the assembly, Joel mentioned his imaginative and prescient for the membership in opening remarks to fan representatives, alongside together with his intentions for funding in Outdated Trafford and the coaching floor.

He mentioned: “Our purpose is to win each competitors we compete in, and we are going to proceed to put money into our Academy and within the switch market to help the supervisor in an effort to satisfy the membership’s targets.

“As a membership we’ve got devoted quite a lot of time and sources during the last a number of years updating and additional creating our huge international scouting community to adapt to the trendy soccer atmosphere. This can be a venture that ought to present a basis for long-term success within the years to return.

“As well as, as you all know, we’ve got additionally been targeted on rising and creating our girls’s staff according to the traditions and values of the membership, and we’re dedicated to persevering with that course of.

“Outdated Trafford is on the coronary heart of Manchester United and whereas we’ve got spent over £100m during the last 10 years on infrastructure tasks, we are going to now speed up the method of planning far more important funding and upgrades to the stadium…relaxation assured, we are going to seek the advice of with supporters all through the method to finish up with a outcome we are able to all be happy with.

“The identical goes for our coaching floor. Preliminary planning work is already below manner and there shall be important funding out there to additional improve our services and guarantee they continue to be world class.”

Proposals to strengthen fan illustration and the function of followers on the coronary heart of the membership have been outlined, with a view to additional refinement with MUST and the Followers’ Discussion board. These embody:

  • The membership has initiated a direct dialogue with MUST with the goal of figuring out a mutually helpful Fan Share Scheme involving a brand new class of shares which can every carry the identical voting rights because the shares owned by the Glazer household. This may set up a basis for supporters to construct a significant possession stake and create a brand new spirit of partnership with the membership.

Joel additionally addressed the subject of the membership’s self-sustaining mannequin:

“We would like this membership to at all times achieve success and win trophies. To compete for trophies requires important funding. The business progress on the membership has helped ship the income which finally underpins that funding in a sustainable method. That method has allowed us to have among the many highest internet switch spend in world soccer during the last 5 years and have one of many highest wage payments. Additionally, as a direct results of our business enterprise, we’ve got saved ticket costs reasonably priced for all followers and never raised season ticket costs in over 10 years. That is an space that we as a membership are very happy with.”

Following the assembly, Joel mentioned:

“I used to be happy to affix the Followers’ Discussion board to hearken to the views of supporters, deal with their questions, and share concepts on how we are able to enhance the way in which we work collectively.

“As house owners, we would like precisely the identical factor because the followers – a profitable staff and a robust membership – and we need to work in partnership to realize these aims.

“Followers are the lifeblood of Manchester United and I’m personally dedicated to making sure that they’re given an enhanced voice, by means of the creation of a Fan Advisory Board and a Fan Share Scheme.

“The membership has been in discussions with MUST relating to a fan share scheme for quite a lot of months and has already sought exterior authorized recommendation on choices. Discussions will now intensify, with the goal of agreeing a plan earlier than the beginning of the brand new season.”

ENDS

View supply model on businesswire.com: https://www.businesswire.com/information/residence/20210604005441/en/

Contacts

Enquiries:

Charlie Brooks
Director of Communications
+44 (0) 161 868 8000
Charlie.Brooks@manutd.co.uk

Corinna Freedman
Head of Investor Relations
+44 (0) 738 491 0828
Corinna.Freedman@manutd.co.uk

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