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‘Making good progress,’ – Former Manchester United director Michael Knighton readying a hostile bid to buy the club from Glazers

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‘Making good progress,’ – Former Manchester United director Michael Knighton readying a hostile bid to buy the club from Glazers

Former  Manchester United  director Michael Knighton has described the club as “in crisis” as he prepares a hostile takeover bid.

Michael Knighton, who was United’s director from 1989 to 1992, spoke to Man United The Religion about the club’s current state and his efforts to purchase the club.

“We are a club in crisis, and we all know the reason why. We have an inept and frankly useless ownership who knows little about this game of football,” Knighton explained.

The former director then explained that he is putting together a bid to purchase the club.

“Everyone knows that we need new ownership of this football club. That is my aim, those are my objectives.

“I’m making good progress, I continue to talk to the people, I’ve got some good pledges with good finance.

“We are now working on the offer document – remember, it’s a hostile bid.”

Explaining on what a ‘hostile bid’ meant, he said:

“That simply means the club isn’t officially for sale, but my intention is to present these owners with a legitimate and potent and proper commercial offer to say ‘you’ve run out of road, it’s time to go, because your time is up’.

“And frankly the fans worldwide have had enough of this regime.”

When discussing the Brighton game and the energy draining from the fans, Knighton acknowledged the fans’ frustrations.

“The exciting feeling of a new season which we all have, and that balloon of excitement is there but it was quickly burst when we saw the performance against Brighton.

“Quite honestly, the Lionesses, we could have played them and I think they’d have got a better result.

“The club is in crisis and it will remain in crisis whilst we’ve got this current ownership – that’s the situation.”

Manchester United fans have long wished for a new regime to take over the club, and Knighton’s words will be welcomed by many.

“I’m speaking to the right people, we’ve got some good people on board, and we will make a formal, hostile bid.”

“I believe the current share scheme is a smoke screen really to keep the current owners in situ.

“My advice to anyone is wait until you have a proper opportunity to buy a proper block of shares which gives you real power.

“This current scheme does not do that in my view.

“By all means take your own separate legal independent, legal advice and financial advice, you must do that, but this shareholding gives the fans frankly nothing.”

When asked about the protests that have occurred over the last season or so, Knighton was completely understanding and sympathetic.

“It’s inevitable that fans are going to protest because of the frustration, because of the disappointment; what else can they do which shows their disappointment with these protests?

“The protests are brilliantly organised, they are peaceful – that’s very important – no one would support violence.

“These are peaceful protests by the fans simply saying ‘look, we want change – preferably we want regime change’.

“So, yes, the protests will continue, that is inevitable, until they bring about what everyone wants, which is change.”

When asked for a final message about his bid, he was firm in his decision.

“My consortium is ready and waiting, the funds are pledged, the offer document is being drawn up, and it will be presented.

“We’re still waiting for the great Sir Jim Ratcliffe to come forward because he solves all our problems, makes my job redundant, but until Jim comes, my consortium will be placing their bid very shortly – that, I guarantee.”

With Manchester United’s transfer activity frustrating many fans, a new takeover may feel like a dream come true.

‘Making good progress,’ – Former Manchester United director Michael Knighton readying a hostile bid to buy the club from Glazers

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