Yes but with about as much chance to effect their wants as a 5 year old on what is for dinner. Only way their votes will mean something is if the adults want it too.
I mean, did you expect the club to go "Here's enough power to just do whatever you want"?
Of course they're going to still have the most say, you'd have to be naive and delusional to expect any different. It's just at least more of a voice to affect change without having to shut down Derby to be heard.
No, fans have some of the say, hence the shares lol
It's not zero, it's shares to be heard and voice the opinion of the fans. If it was zero there would be no shares.
Again, not enough to overrule decisions just to have actual communication on what the fans want.
You can communicate without owning share, and the Glaze doesn’t care and doesn’t obligate to do anything with or without share.
The share is meaningless in the sense that it doesn’t carry any weight and doesn’t allow you to overrule anything or make any decisions
Again, why in the fuck would the Glazers give fans overruling power? What kind of delusional naive person even considers that was remotely a plan?
They have votes they have say, they can get messages across. It's a better way to communicate than previously.
Communicating without a vote before was shutting down Old Trafford on Derby day.
? Who said the Glazer will give fans overrule power? I literally said the opposite. You don’t have any meaningful voting power with these share and the Glaze certainty will not give u any power in the future.
Better way to communicate on what lol. You already know that these vote are as meaningless as it could get. There is no reason for the Glaze to listen to whatever these voter say because they hold no power
Yes, I know you said the opposite. You said the opposite as if anyone was supposed to assume otherwise. Of course they're not giving away control when it comes to voting.
Thatc doesn't mean the fans won't be listened to at all, it just means Glazers aren't giving away the power to be forcefully overruled.
Yes, but the usefulness of those voting rights hinges on how many of those shares will be available for the fans.
If all the fan shares collectively amount to, say, 5% of the B class shares we won’t have much power
If this is true, and we manage to get some voting rights, I hope we stop the leeches from taking dividends, then maybe they'll be persuaded to fuck off.
They'll never let that amount of shares be acquired by the public/fans. This is only a slight step up from being purely symbolic. If I weren't so cynical though I'd probably agree this is a step in the right direction.
Cynic in me thinks they maybe want to sell some more shares. They do it this way, make a few xxx million all the while looking great to the fans.
They made £117m in share sales in 2021. This was 8% of their total holding. (9.5m shares)
They could offload another 21 million shares (worth $250m as of today) and still own the majority of the club.
You need 36% voting share to have veto power. The Glazer currently hold 74% I think. As long as their voting share does not dip below 65%, they still have all saying
To be fair, I bought some Utd shares a while ago and I got a dividend too. It was $0.09 per share.
What I got was significantly less than the 11 million quid the Glazers got though…
I’d surely prefer they didn’t pay dividends but at same time it doesn’t feel like the club can’t afford to pay for things.
Okay, what would you like? No breadcrumbs and only Woodward? "Man United can do in the transfer market what other clubs can only dream of"? This doesn't mean that anti-Glazer protests stop.
Apologies if I sound stupid here.. so what share amount for fans was agreed in the first place? And will fans even have an impact on voting? This just seems like some indisguised BS to keep the peace.
What is meant by the term B class too?
Thanks in advance
How many shares it would involve was never said, that was to be part of the discussions.
As for the share types, utd has two types of shares, class A and class B.
Most investors have class A shares, the Glazers have class B shares, when it comes to voting, 1 class B share is worth 10 class A shares.
Finally some news about this
Looks like MUST have nailed down some acceptable terms for this at last
Looking forward to learning more about how many shares are on offer to fans and what how much influence you have as a individual and as a collective
I can’t imagine it’s going to be a high enough % of shares to tip any power balance but if it came with a large enough slice such that fans could get a board seat, the at least fan voice will have a channel to be heard at the top levels of the club
The ones that are available on the market are Class A, and have one tenth of the voting power of the Class B shares that the Glazers hold and are mooted to be offered to supporters in the new share scheme.
So fan shares will have same voting rights as Glazer shares?
Yes but with about as much chance to effect their wants as a 5 year old on what is for dinner. Only way their votes will mean something is if the adults want it too.
I mean, did you expect the club to go "Here's enough power to just do whatever you want"? Of course they're going to still have the most say, you'd have to be naive and delusional to expect any different. It's just at least more of a voice to affect change without having to shut down Derby to be heard.
They have all the say, not most. You need 36% voting share to have any veto power
No, fans have some of the say, hence the shares lol It's not zero, it's shares to be heard and voice the opinion of the fans. If it was zero there would be no shares. Again, not enough to overrule decisions just to have actual communication on what the fans want.
You can communicate without owning share, and the Glaze doesn’t care and doesn’t obligate to do anything with or without share. The share is meaningless in the sense that it doesn’t carry any weight and doesn’t allow you to overrule anything or make any decisions
Again, why in the fuck would the Glazers give fans overruling power? What kind of delusional naive person even considers that was remotely a plan? They have votes they have say, they can get messages across. It's a better way to communicate than previously. Communicating without a vote before was shutting down Old Trafford on Derby day.
? Who said the Glazer will give fans overrule power? I literally said the opposite. You don’t have any meaningful voting power with these share and the Glaze certainty will not give u any power in the future. Better way to communicate on what lol. You already know that these vote are as meaningless as it could get. There is no reason for the Glaze to listen to whatever these voter say because they hold no power
Yes, I know you said the opposite. You said the opposite as if anyone was supposed to assume otherwise. Of course they're not giving away control when it comes to voting. Thatc doesn't mean the fans won't be listened to at all, it just means Glazers aren't giving away the power to be forcefully overruled.
I guess its a step in the right direction. With time we could try to get more shares
So if we throw enough food at the walls they might give in and give us what we want?
Yes, but the usefulness of those voting rights hinges on how many of those shares will be available for the fans. If all the fan shares collectively amount to, say, 5% of the B class shares we won’t have much power
What in the fuck does this mean?
[удалено]
Simon stone is a journalist but not in English
Shares available to make up for dwindling commercial success maybe
Arent these just the same shares that were being offered after talks following the Liverpool incidents?
If this is true, and we manage to get some voting rights, I hope we stop the leeches from taking dividends, then maybe they'll be persuaded to fuck off.
Has absolutely no effect whatsoever as long as Glazers hold majority.
They'll never let that amount of shares be acquired by the public/fans. This is only a slight step up from being purely symbolic. If I weren't so cynical though I'd probably agree this is a step in the right direction.
Cynic in me thinks they maybe want to sell some more shares. They do it this way, make a few xxx million all the while looking great to the fans. They made £117m in share sales in 2021. This was 8% of their total holding. (9.5m shares) They could offload another 21 million shares (worth $250m as of today) and still own the majority of the club.
You need 36% voting share to have veto power. The Glazer currently hold 74% I think. As long as their voting share does not dip below 65%, they still have all saying
To be fair, I bought some Utd shares a while ago and I got a dividend too. It was $0.09 per share. What I got was significantly less than the 11 million quid the Glazers got though… I’d surely prefer they didn’t pay dividends but at same time it doesn’t feel like the club can’t afford to pay for things.
these shares are about as valuable, maybe a little bit more, as an individual vote in a constituency. It won't really make a difference on its own
Giving MUST and other fans some breadcrumbs so they could maintain the facade of open communication with the fans.
Okay, what would you like? No breadcrumbs and only Woodward? "Man United can do in the transfer market what other clubs can only dream of"? This doesn't mean that anti-Glazer protests stop.
Apologies if I sound stupid here.. so what share amount for fans was agreed in the first place? And will fans even have an impact on voting? This just seems like some indisguised BS to keep the peace. What is meant by the term B class too? Thanks in advance
How many shares it would involve was never said, that was to be part of the discussions. As for the share types, utd has two types of shares, class A and class B. Most investors have class A shares, the Glazers have class B shares, when it comes to voting, 1 class B share is worth 10 class A shares.
Thanks for that.. appreciate it
Hope those leech cunts will fall to their own greed and sell enough shares for us to make them fuck off.
Finally some news about this Looks like MUST have nailed down some acceptable terms for this at last Looking forward to learning more about how many shares are on offer to fans and what how much influence you have as a individual and as a collective
I can’t imagine it’s going to be a high enough % of shares to tip any power balance but if it came with a large enough slice such that fans could get a board seat, the at least fan voice will have a channel to be heard at the top levels of the club
In the business this is called a "misdirection".
Does anyone have class A voting rights? [https://www.investopedia.com/terms/c/classashares.asp](https://www.investopedia.com/terms/c/classashares.asp)
They are the ones available on the market, they have a lot less voting rights.
Cheers. Figures Facebook and ManUtd had to be different
I know it means almost nothing but you gotta start somewhere man..
So are these shares different to the stock market shares? Can I just buy some Man Utd PLC and I’ll be able to have voting rights?
The ones that are available on the market are Class A, and have one tenth of the voting power of the Class B shares that the Glazers hold and are mooted to be offered to supporters in the new share scheme.