It is expected that Joel will take over as chairman but with the family determined to run the business from America, Gill's agreement to stay on is vital to the future of the business plan.
Today leaked documents revealed for the first time how Glazer intends to pay back the £500m debts he has taken out to help buy the club. The leak shows how he plans to boost United's revenues from £161.5million this year to £246m in 2010 and reveals how:
Ticket prices will rise 54 per cent over the next five years, with Champions League tickets going up by up to 25 per cent from next season.
Manchester United will play a showcase match in Tampa, Florida, each year, raising £2m in revenue.
A transfer budget of £25m per season for the next five years, excluding any added revenue from player sales. Also, an added £25m to spend over the entire five-year period.
Matchday turnover is projected to rise by 61 per cent, a 13 per cent increase in media turnover and a 76 per cent increase in merchandising revenue.
Shirt sponsorship revenue projected to be worth £10.8m a season by 2010.
Turnover to increase to £246m by 2010.
The Shareholders United chairman, Nick Towle, immediately hit out at the plans, saying: "People are so disillusioned with the massive increases they are being asked to pay, it will just turn more and more fans off."
Meanwhile, Louis Saha will be allowed to leave United this summer for less than half the £12.5million the club paid to Fulham for the striker only 15 months ago.
