Investors would require a return on their investment. They would need 2-3 bn to buy out the Glazers and their investment committees would require that the investments produce a 12-25 percent return (depending on type of investor). In order to produce this return, they would need to be comfortable that the board and management are running the business to maximise profits and value.
I am not sure the investor would committ this capital and then hand over the keys to the fan led board.
Exactly! Also who would these fans be?
Those who 'want Ole Out';
the 'bring back Jose... LvG, or even David Moyes cabals ;
those fan 'strategists' who want to see a '433 system or 343' or whatever played;
'the sell Pogba brigade';
'the sack Jones lot'.... the mind boggles!
Fans support clubs(or not) but they don't run them, not at United's level, they can't run multi-million pound entities at such a level, the diversity of fan ideas is such we would never likely get a decision at board level say... on 'transfers'...
mind you that's not gone too well under the present board has it?
I'm afraid the best we can hope for is that a new CE (
assuming Joel gets fed up because his pet SL project got dumped and stays in the US) is appointed and who has more knowledge of the football world and knows how to converse with the many disparate fan groups/cabals/etc.
Also that the PL/UEFA/UK Government have a forgiving nature and don't; deduct points, ban us from European competition or fine us heavily from breaches of Covid rules!