Would you be happy with the 50+1 rule?
Sat Sep 15, 2012 12:36 pm
In Germany most clubs are fan-owned only with a few excemptions (Wolfsburg, Leverkusen and Hoffenheim). This is due to long term ownership which is an exemption as an owner has proven he is in it for the club if he is there long enough to trigger it.
Basically there's the 50+1 rule stating that members of the club must retain at least 51% ownership preventing the clubs taken over by private investors. So the clubs can only sell 49% of their shares.
Do you think we need such a system in the UK so that its harder for clubs to go down the route of Portsmouth?
Basically there's the 50+1 rule stating that members of the club must retain at least 51% ownership preventing the clubs taken over by private investors. So the clubs can only sell 49% of their shares.
Do you think we need such a system in the UK so that its harder for clubs to go down the route of Portsmouth?
Re: Would you be happy with the 50+1 rule?
Sat Sep 15, 2012 5:02 pm
Yes, once again, the Germans have it right.