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Fan Ownership

Discussion in 'City Talk' started by Chipolata, Feb 2, 2020.

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  1. Chipolata

    Chipolata Fringe Player

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    Please do not ridicule me for this but is there any possible of this being feasible at City?

    I genuinely don’t know how this has worked in the past at clubs but in recent times there appears to have been some success.
     
    #1 Chipolata, Feb 2, 2020
  2. bantamdave41

    bantamdave41
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    #2 bantamdave41, Feb 2, 2020
    Faithful Bantam, Rogered Tart and WilsdenBantam like this.
  3. Dennis

    Dennis
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    Where in England?
     
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    #3 Dennis, Feb 2, 2020
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  4. Loyalbantam

    Loyalbantam
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    The only way is to create a new club similar to FC United with the goal being promotion to the EFL.
    That will take decades!!
     
    #4 Loyalbantam, Feb 2, 2020
  5. How

    How Knows Football
    P.L. 18/19 Winner Euro 2020

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    No
     
    #5 How, Feb 2, 2020
  6. Chipolata

    Chipolata Fringe Player

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    That’s kinda my point, unless there is a multi millionaire hidden amongst us then any such venture would require a multitude of people who all have differing opinions.
     
    #6 Chipolata, Feb 2, 2020
  7. Onside

    Onside
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    @Dennis@Dennis is your man on this. From memory, it is financially hard to maintain the funding needed.
     
    #7 Onside, Feb 2, 2020
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  8. Chipolata

    Chipolata Fringe Player

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    I have experience of commercial property and business purchases and dealing with a consortium or pension trustees is notoriously difficult.

    My thoughts were purely along the lines of if we had say 1,000 fans all willing to invest around £10k to be a part owner in City, then that would give you £10million to attempt to broker a deal. I realise this is absolute peanuts for what is required but if we are going to exist hand to mouth under the current regime then surely it would be better to do the same under fab leadership.
     
    #8 Chipolata, Feb 2, 2020
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  9. Park bantam

    Park bantam Regular Starter

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    Blxxdy hell reading these boards we would have a new manager evert week
     
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    #9 Park bantam, Feb 2, 2020
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  10. bantamlad92

    bantamlad92 Squad Player

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    No chance.

    Just to name some of the issues:

    - Trouble getting the funds together
    - Difficulty sustaining the funds
    - Many disagreements
    - Possibility of some pulling out due to circumstances with no guarantee of people buying in
     
    #10 bantamlad92, Feb 2, 2020
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  11. Stafford Bantam

    Stafford Bantam
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    Fan ownership has only tended to work in the lower leagues, where there is less financial disparity between clubs. Other than that, it can be useful as a means of saving and stabilising a club, but its hard to see how a fan owned club could survive for very long in the higher reaches of the football pyramid.

    Currently, I would say AFC Wimbledon are the most successful fan owned club in England and they seem to have hit their ceiling.
     
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    #11 Stafford Bantam, Feb 2, 2020
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  12. Bigrod

    Bigrod
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    The trouble is that this club, has a fan base which is either relatively poor/wouldn’t spend their brass if they were particularly wealthy. To find 1,000 who were willing to put £10,000 in would be incredibly optimistic. You are probably better having a go at the lottery, when the jackpot is over £10 million, more chance of that coming off!
     
    #12 Bigrod, Feb 2, 2020
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  13. Park bantam

    Park bantam Regular Starter

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    Fan ownership in partnership with a wealthy backer or consortium could work with the right structure. It’s finding the backers that’s the problem.
    Somebody like David Baldwin with his wide range of contacts would be a great front man if he could be persuaded of course
     
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    #13 Park bantam, Feb 2, 2020
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  14. Chipolata

    Chipolata Fringe Player

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    I do wonder if Baldwin is who JR referred to when seeking someone to run the club.
     
    #14 Chipolata, Feb 2, 2020
  15. Loyalbantam

    Loyalbantam
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    Multi ownership businesses surely are too hard to manage.
    Imagine having 1000 equal share owners who all have to vote to get any kind of decision made.
    You always need a majority shareholder who can basically overrule everyone else.
     
    #15 Loyalbantam, Feb 2, 2020
  16. Interested Bystander

    Interested Bystander
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    1,000 fans @ 10k of dead money, from a fan base that love their £150 STs ?
    Good luck with that
     
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    #16 Interested Bystander, Feb 2, 2020
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  17. Dennis

    Dennis
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    As far as I'm aware there are only 2 clubs in the EFL who are 'owned' by their fans - the Wombles and Exeter. Both do it via a small supporters trust (which avoids a thousand individual supporters arguing anout things they don't understand!) and in the case of Exeter, the trust still owns only a little over half of the shares.

    The case studies on them suggest the arrangements run reasonably well. But both have had the huge advantage of owning their grounds in highish value areas which they've been able to turn to their advantage to date.

    But both face the same pressures other clubs do and that's to rsise yet more money to improve the club's infrasructure, spend money developing their squads and invest in young talent. The Wombles for example are trying to raise yet more money fron a bond and it has some way to go before it reaches its target. The parallels with our club are obvious ... and we don't have a ground on which to raise some money!
     
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    #17 Dennis, Feb 2, 2020
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  18. WilsdenBantam

    WilsdenBantam
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    At least we’d have off field entertainment.
     
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    #18 WilsdenBantam, Feb 2, 2020
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  19. bantamdave41

    bantamdave41
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    Entertainment.... I'm not sure that would be my word of choice
     
    #19 bantamdave41, Feb 2, 2020
  20. Steve1970

    Steve1970
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    How do we all get in the boardroom on a match day be a hell of a tight squeeze.
     
    #20 Steve1970, Feb 2, 2020
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