Website Members Take Over Football Club
A new model of football ownership? The BBC website reports that
Fans’ community website MyFootballClub has agreed a deal to take over Blue Square Premier outfit Ebbsfleet United.
The 20,000 MyFootballClub members have each paid £35 to provide a £700,000 takeover pot and they will all own an equal share in the club.
Members will have a vote on transfers as well as player selection and all major decisions.
What’s interesting is that the website has only been going since April. It has 50,000 members, 20,000 of them paying the registration fee. MyFootballClub was actually approached by nine of them clubs, none of them from the Premier League, before deciding on Ebbsfleet. The £700,000 was raised in 11 weeks.
I have no idea what the implications of this are. But given that the members/owners will now demand a say in the picking of the team, it could be more like the Israeli model I mentioned a few weeks back. Not everyone agrees it would work.