According to the Sunday Times Irish businessman Dermot Desmond hired Goldman Sachs Group Inc. ‘several months ago to analyse whether United could be purchased with debt backed by future revenue and handed over to a mutual trust of directors, some elected by fans.
The scheme outlined by The Sunday Times reads remarkably similar to the proposal put forward by IMUSA during Sky’s failed bid to take over the club four years ago.
The newspaper says that Desmond has since abandoned the project but it is now being investigated by other potential backers.