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Saturday, August 4, 2012

BPL: Red Devils fans threaten boycott

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A leading Manchester United fans group has called for a boycott of the club's expanding portfolio of sponsors in protest at the planned New York flotation.

A statement from Manchester United Supporters Trust (MUST) read: "The Manchester United Supporters Trust has called for a worldwide boycott of Manchester United sponsors' products, with support across the UK, Europe, Asia and the US.

"The boycott strategy is intended to send a loud and clear message to the Glazer family and club sponsors that, without the support and purchasing power of the fans, the global strength of the Manchester United brand doesn't actually exist."

"The Glazer family sell the rights to our loyalty and devotion for the club to sponsors for many millions but then use that money to pay off their self imposed debt," MUST chief executive Duncan Drasdo said. "It has to stop.

"We want the IPO shelved and a proper fan ownership model put in place - one share, one vote."

"Even without this approach, allowing the Glazers to continue running the club unchecked is bad news for sponsors.

"Less funds for the club (because of servicing current debt levels) means less investment in the team and that could impact on sponsors being associated with a winning, successful team."

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