Kieran Maguire blasts Man United 'tokenism' after £100m signings agreed this week
Man United have paid out an £11million dividend today (30th July) – just days after the Glazers promised to better address the concerns of fans.
So says finance boffin Kieran Maguire, speaking exclusively to Football Insider after United revealed plans for their fan advisory board on 26th July.
United wrote that the board will “meet quarterly, with one of the Executive Co-Chairmen [Joel and Avram Glazer] attending at least once a year.”
The Glazers are under fire at United for their role in April’s Super League plot, infrastructure concerns, and more besides.
And Maguire revealed that United chiefs are not helping their cause with the fans by sanctioning an eight-figure payout to shareholders.
He told Football Insider correspondent Adam Williams: “Ths is classic tokenism. Ultimately, they’ve got to walk the walk as well as talk the talk.
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“The fact that Old Trafford has holes in the rough… This is meant to be the stadium that foreign supporters would pick if you asked them to name a stadium in England.
“Today, they have, despite the financial challenges of the pandemic, paid out an £11m dividend to shareholders.
“Fans want to have a better experience in the ground. The rows are so close together and the seats are so small that there is no space.
“I think it’s sending out mixed messages and I can’t really see any major changes arising as a result of these meetings.
“I think the Glazers were genuinely shocked at the backlash to their attempts to take over, first the domestic game via project big picture and control of the European game via the Super League.
“Their hands were definitely at the tiller in both of those. This is a way to try to make up for that.
“They have spent £100m in the transfer market this week to try and get back into the good books.
“But I can’t see how much one meeting will make a difference at all.”
In other news, Man United player exit set to be announced today.