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Man Utd fans to get share in Harris takeover plan

Deal maker Keith Harris wants Manchester United fans to be part of a takeover of the club.

The Daily Mail says fans will be offered a 'golden share' in the club so they can approve or veto future owners should a group of investors seeking to wrest control of the club from the Glazer family succeed.

Harris, United fan and a stockbroker with Seymour Pierce, has been assembling a group of investors, along with other well-connected Old Trafford devotees Jim O'Neill, of Goldman Sachs, and Phillip Marshall, of Marshall Wace.

They say they have pledges of funds totalling £1billion to buy out the Glazers should they agree to sell.

The new group of owners would then negotiate with fans groups Independent Manchester United Supporters' Association and Manchester United Supporters' Trust to give them representation on the board and a 25.1 per cent shareholding.

"It will in effect be a golden share," said a bid insider.

"It will mean that supporters will have a decisive say in the future on whether any possible new owners would be suitable or not."

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