Origin
The group was founded in 1998 as 'Shareholders United Against Murdoch', to stop a proposed takeover by Australian-American media tycoon Rupert Murdoch. His bid for control of the club was blocked by the Monopolies and Mergers Commission. The group then changed its name simply to Shareholders United and continued its efforts to encourage supporters to own shares in the then-publicly-traded club.
Read more about this topic: Manchester United Supporters' Trust
Famous quotes containing the word origin:
“For, though the origin of most of our words is forgotten, each word was at first a stroke of genius, and obtained currency, because for the moment it symbolized the world to the first speaker and to the hearer. The etymologist finds the deadest word to have been once a brilliant picture.”
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