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Labour manifesto football reforms

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« Reply #40 on: May 12, 2017, 08:46:20 am »

Corbyn's proposal is really nothing more than a soundbite.  Think about it, legislation is brought in to allow Trusts the opportunity to buy a club when it changes hands.  Implicit in this is that a Trust would have to match any other competing bid.  Just how many Trusts could raise the funds to this at any club in the 92?  I suspect just 2 or 3, if that.  And that just to buy the club.  Taking our own example, while the Trust was involved late on in the local consortium as a backup to KT's offer, it certainly did not have universal support primarily because fans were concerned about its ability to provide ongoing financial support beyond the act of rescue.   I also remember a good friend of mine and founder of Man Utd's first and still main fanzine, Red Issue, was involved in similar moves when JP Macmanus and Magnier tried to take control of United; the United fans couldn't mount a serious challenge because they couldn't agree amongst the different factions.    I'm sure Tom will cite Portsmouth and Wycombe, but the former will face bigger challenges and expectations in League One and I'm sure their fan wouldn't decline a bid from a wealthy bona fide backer, and Wycombe simply cannot find backers to drive them forward.  
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