Football Clubs (Governance)

Just to build on what I said, the proposal is very doable. A recent example of democracy in action has been demonstrated by Arsenal Supporters Trust, which invited fans to invest in a new ““fanshare”” scheme. For as little as £10 a month, Arsenal FC supporters can now contribute to a pool, which, in time, will be used to buy a stake in the premier league club. That will entitle shareholders to vote on club policy, receive financial and corporate information and attend the annual general meeting. The club is fully behind the scheme. The chief executive described the enhanced supporter-club relationships as"““good for the club's soul.””" The four major shareholders all fully endorse the scheme. Arsenal FC is one of the more enlightened premiership clubs, but the success of its trust demonstrates that supporters are quite capable of forming intelligent, committed and influential collectives.