Sunday, March 28, 2010

Labour plots fans' ownership plan

Football fans
Fans could get an increased chance to influence the running of their club

Supporters could be given the chance to buy a stake in their club under radical proposals expected to be put forward by Labour in their election manifesto.

The party wants fans to have a bigger say in how clubs are run amid current concerns about debt in football.

That could include fans being offered a chance to buy a 25% stake in a club.

BBC sports editor David Bond said: "There's a feeling that football isn't quite working and that fans are getting a bit of a tough deal."

Government lawyers are trying to work out how to make the proposals work within the existing structure of the game.

The initiative comes amid increasing concern about the degree of debt at some Premier League clubs; foreign ownership of teams; and the perceived low levels of commitment from shareholders with little affinity with the clubs.

606: DEBATE

The government is also said to be looking at an overhaul of the governance of football.

The Conservatives dismissed the proposals as a "gimmick" ahead of the general election, which is expected to be on 6 May.

Shadow sports minister Hugh Robertson said there were easier ways of increasing supporter influence in clubs such as by insisting on all clubs having at least one director to represent supporters.

"After 13 years of inactivity by the government on this issue this has all the hallmarks of a pre-election gimmick," said Robertson.

"There are massive, massive implications for company law and insolvency law."

Robertson said changing the rules on governance to increase supporter influence at clubs would be quicker and easier to implement.

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