Manchester United FC: competing with Europe's elite clubs (page 600) 1. Identify the different forms of ownership that might be adopted by MUFC and how these might lead to different expectations. 2. Identify the main stakeholder groups involved in MUFC and using Figure 5.3 map their power and level of interest. How might the expectations of the various stakeholder groups differ and potentially come into conflict. 3. Do you feel that the various aspects of corporate governance are appropriate for a football club? What changes in governance would you like to see at elite football clubs? 4. How has Manchester United aligned itself to the external environmental factors in the football industry? Identify key opportunities and threats commenting on how well placed the club is to exploit the opportunities and deal with the threats.