From The Independent: There is no public AGM any more, indeed no AGM, because the only shareholders are the Glazers. They completed their compulsory purchase of all shares they did not already own on 27 September. The share certificates of any refuseniks are worthless. If they want their cash now, they have to apply for it.
United's accounts used to be unveiled at a press conference where the club's chief executive, David Gill, would talk about the results and answer questions. Now the only onus on the Glazers is to file the basics at Companies House by the end of April.
It is also believed that the Glazers have held no board meetings since taking over, certainly not face-to-face with Gill and Nick Humby, the club's finance director. The club will not elaborate, saying: "It's an internal matter." Gill has a weekly conference call to America.
Huge hikes in ticket prices are in the pipeline - they are expected to rise nine per cent overall next season and 54 per cent over five years. The club say only that prices have not been set yet.
Making United leaner is key to the Glazers avoiding financial implosion. They loaded United with £265m of initial bank debt, rising to £374m with extra borrowing. Interest alone on that is £31.1m a year.
Add capital repayments and it doubles. All United's profits, in a very good year, with a bit added, could cover that. "As we're not a PLC, we don't have to disclose that information," a spokesman said.