Following the news that the Glazers are exploring the option of selling Manchester United, the Manchester United Supporters Trust has released a statement of reflection.

Over the last 17 years Manchester United fans have been dismayed with the ownership of the club. Over that period, we have witnessed a decline on the playing side and a decline in our stadium. Until recently, any proper dialogue with fans groups had also been absent.

Whilst supporters have long called for change, of course this has to be the right change.

At this moment in time our club needs new investment more than ever. That requires new ownership.

Any prospective new owner or investor has to be committed to the culture, ethos and best traditions of the club.

They have to be willing to invest to restore United to former glories, and that investment must be real new money spent on the playing side and the stadium.

Finally any new ownership structure must embed supporters, including a degree of fan share ownership, in their operating model.

Manchester United’s fans are its greatest asset and hold the key to unlocking the true value of any football club. That relationship has to be one of equals – sharing in ownership and and unified with the same goals.