Moscow 333 |
19.12.2005 12:59 |
SU statement
Sunday, December 18, 2005
It's official. Shareholders United is no longer a registered company. The conversion process is now complete and SU has become MUST - the independent Manchester United supporters trust, an industrial & provident society registered with and overseen by the FSA. All SU members automatically become members of the new society, so no need to do anything (except of course if you haven't renewed - please do this as soon as you can). The society rules are essentially the same as for SU, we remain a democratic, not-for-profit voluntary organisation. And even if you haven't renewed yet, you will still be a member of MUST, but only as an 'e-member'. This doesn't entitle you to vote at general meetings or receive the quarterly newsletter, but you will still get emails from us. We'll be writing to all members soon to let them know the status of their Phoenix Fund account and what our plans are for these funds in the near future.
We will be officially and publicly launching MUST in the next few weeks, along with some very interesting projects and initiatives which we believe will get us to our objectives sooner rather than later - those objectives being to give the fans a voice in the running of their club and to achieve ownership of the club in the long term. This means attracting new members and raising substantial amounts of money. You have already seen the mobile/telecom offer we have arranged with our partner bd1 and there are more similar fundraising projects in the pipeline.
We no longer have our United shares and SU may no longer exist in corporate form, but the spirit and aims of the organisation live on in our new trust. And we will still be referring to ourselves for a period of time as 'SU:MUST', to familiarise everyone with the changeover.
Join the red revolution!
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