#SellBeforeWeDai (to someone fit and proper)“ supporters action group

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Franchise FC
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Re: #SellBeforeWeDai (to someone fit and proper)“ supporters action group

by Franchise FC » 29 Mar 2024 11:24

So, the rules surrounding the game would need to be something like …

All clubs barred from taking loans
Immediate ownership transfer to the regulator if creditors (of any sort) not paid on time
Regulator then to sell on in the way that an administrator would
May avoid the need for the administration points deduction

Wouldn’t stop a billionaire from chucking money at a club, but with little to no prospect of any return may deter a fair few
Might even deter some of the sportswashing
Might help significantly with situations where the billionaire’s interest wanes

As you say, will never happen and would take a world wide project to make it viable

bakerlou
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Re: #SellBeforeWeDai (to someone fit and proper)“ supporters action group

by bakerlou » 24 May 2024 15:09

The Football Governance Bill didn't get passed prior to the wind-up of the current Parliament, so we're a but further away from any formal Regulator (and / or being made an early doors Test Case, as Roger Titford reported in the new WSC).

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