Glazers sent six-point Man Utd plan – including reducing stake below 50 per cent

Manchester United’s owners have been sent a six-point plan to ‘put things right’ at the club in the wake of the European Super League scandal.

United were one of six Premier League clubs who signed up to join the breakaway league, only to make a dramatic U-Turn on Tuesday evening.

The 48-hour debacle has prompted widespread condemnation of the Glazers, with two United fans seizing the opportunity to bring about change.

Lord O'Neill – the architect of the Red Knights campaign which in 2010 attempted to prise the club away from the owners – and hedge fund manager Sir Paul Marshall have written to Joel Glazer urging reform.

In a letter seen by Sky News, the duo have laid out a six-point plan to “put things right with the entire Manchester United community.”

The pair informed Glazer that his family should scrap the club’s dual class share structure on the New York Stock Exchange to “allow a broader group of investors to consider ownership in the club.”

It also urges the Glazers to reduce their stake in the proposed newly created equity to 49.9%, “allowing other investors, large or small, to invest.”

They believe such a move should be done at a discounted price in an act designed to show how they want to “do things right.”

The Glazers have also been requested to follow the 50+1 ownership model used in Germany to “include permission to join any new league or competition, changes in ticket prices, and an annual commitment of £10m per year to Manchester-based charities.”

O’Neill and Marshall’s letter concludes with a heartfelt statement urging United’s under-fire owners to do the right thing.

It reads: “In your letter, you talk about rebuilding trust with the supporters, which presumes there was trust in existence before the events of last week.

“As you know, others might question whether that trust was ever present.

“If your stated desire to rebuild trust is sincere, these proposals are the minimum steps you should choose to make.”

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