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Manchester United step closer to setting up a fans' share scheme

Manchester United have moved a step closer to setting up a fans’ share scheme that would give supporters a significant stake in the ownership of the club.

United have been in discussions with the Manchester United Supporters’ Trust for more than a year after chairman Joel Glazer promised to set up the scheme as part of the club’s response to the failed European Super League.

United and MUST have finally come up with a set of proposals that have been held up by regulatory and legal complications. They were accepted by 99 per cent of voters in an exit poll following the first of several members’ meetings set up by MUST.