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5 July 2005
Mr Nick Towle
Chairman
Shareholders United
Dear Nick,
FANS' FORUM
As you know, Manchester United is now wholly owned by Red Football and has been de-listed from the London Stock Exchange.
As we consider the way the company will operate in the future, one of the areas under discussion has been the Fans' Forum and it is in my capacity as Chairman that I write.
Shareholders United, as a representative body of fans who have purchased shares in Manchester United PLC, has historically had a guaranteed seat on the Forum. However, as a result of the new structure of the company, SU clearly has no legitimacy in representing such a block of people - since no external shareholders exist.
The purpose of this letter is therefore to inform you that SU's seat on the Forum will, from the start of the 2005/06 season, be given to a representative of fans in Manchester, Salford or Trafford, to guarantee the Forum a local dimension -something that is not currently written into its constitution. This member will be selected through the normal process and, of course, members of SU are welcome to stand for this position.
I'd like to take this opportunity to thank Shareholders United for its contribution to the Forum since its inception.
Yours sincerely,
David Gill
CHIEF EXECUTIVE
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