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Red Knights demand Glazers dilute Man Utd ownership after European Super League fallout

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Two of the City figures who led an attempt to prise Manchester United from the Glazer family’s control a decade ago have urged them to loosen their grip in the wake of this week’s European Super League debacle.

Sky News can reveal that Lord O’Neill – the architect of the Red Knights campaign in 2010 – and the hedge fund manager Sir Paul Marshall have written to Joel Glazer, the Manchester United co-chairman, to demand a string of immediate corporate governance reforms.

In the letter, which was sent on Friday morning and has been seen by Sky News, the pair told Mr Glazer that his family should scrap the New York-listed club’s dual-class share structure and introduce a single class of voting stock.

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