Manchester United’s Foundation has put aside £240,000 (just over Dh1 million) to work with their 240 official supporters’ clubs around the world to help tackle the social and economic impact of the coronavirus pandemic on young people.
There are international supporters’ clubs from UAE to Zanzibar, Iraq to Bahrain.
Every United Supporters’ Club across the UK and overseas will be eligible for a share of the money. This will take United’s total commitment to Covid-19-related activities to more than £1 million.
Each club will be offered up to £1,000 to help youth-focused charities in their area respond to the Covid-19 crisis.
The initiative aims to use the power of United’s global fan base to build on the Foundation’s existing work with schools and charities across Greater Manchester.
John Shiels, chief executive of the Manchester United Foundation, said: “This is a unique opportunity to harness the collective power of United fans across the UK and overseas to make a positive impact on young people’s lives at this time of great strain on societies and economies around the world.
“We are as committed as ever to our mission to support young people across Greater Manchester, and we will continue to expand our local activities in response to the elevated need we anticipate as a result of the pandemic.
"But this is a global crisis requiring a global response, and United’s international appeal gives us the opportunity to play our part on that basis.”
An initial £500 donation to the nominated charity of each Supporters’ Club will be topped up with a further sum of up to £500 to match local fundraising efforts, with the aim of significantly expanding the total amount donated to charities above the £240,000 pledged by the Foundation.
Clubs have been invited to nominate an established children’s charity in their region to receive the money and the Foundation will provide support for each club to carry out its own additional fundraising locally.
Internationally, supporters’ clubs will be encouraged to work with Unicef, Manchester United’s long-standing charitable partner, which is at the forefront of the global response to the pandemic.
There are 130 Manchester United Supporters’ Clubs in the UK and Ireland, with the remainder spread across 80 countries, including 13 in India.
Lindsay Roe, secretary of the Nottingham Manchester United Supporters’ Club, said: “This is a fantastic gesture by the Foundation during these difficult times. We are delighted to be part of the initiative, which will benefit many children’s charities around the world through the Supporters’ Club network.”
Joseph Tedesco, president of the Malta Supporters’ Club, said: “Our international support is one of the things that make Manchester United special. This fantastic support from the Foundation will help children in need all around the world during these unprecedented times.”
The £1m of funding for these projects came from last year's Treble Reunion match at Old Trafford to mark the 20th anniversary of the Champions League victory over Bayern Munich.
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Jetour T1 specs
Engine: 2-litre turbocharged
Power: 254hp
Torque: 390Nm
Price: From Dh126,000
Available: Now
If you go
The flights
Emirates and Etihad fly direct to Nairobi, with fares starting from Dh1,695. The resort can be reached from Nairobi via a 35-minute flight from Wilson Airport or Jomo Kenyatta International Airport, or by road, which takes at least three hours.
The rooms
Rooms at Fairmont Mount Kenya range from Dh1,870 per night for a deluxe room to Dh11,000 per night for the William Holden Cottage.
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What are NFTs?
Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.
You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”
However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.
This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”
This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.
The specs
Price, base / as tested Dh960,000
Engine 3.9L twin-turbo V8
Transmission Seven-speed dual-clutch automatic
Power 661hp @8,000rpm
Torque 760Nm @ 3,000rpm
Fuel economy, combined 11.4L / 100k
UAE currency: the story behind the money in your pockets
F1 The Movie
Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem
Director: Joseph Kosinski
Rating: 4/5
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Started: October 2023
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Based: Dubai
Sector: E-commerce
Current number of staff: 10
Investment stage: Pre-seed
Initial investment: Undisclosed
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