Mihir Bose: Manchester United suitors must be beware of history

Football works best as a dictatorship, not a democracy.

You don’t have to take my word for it. Just ask Sir Alex Ferguson.

He was never happy with the Manchester United board when it was run as a plc. Indeed he refused to take up the shares when the club floated, although this may have reflected his deep socialist convictions of equal shares for all.

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