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:
“The real, then, is that which, sooner or later, information and reasoning would finally result in, and which is therefore independent of the vagaries of me and you. Thus, the very origin of the conception of reality shows that this conception essentially involves the notion of a COMMUNITY, without definite limits, and capable of a definite increase of knowledge.”
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