IEA Advisory Council member Prof. Len Shackleton writes in The Times warning about the danger of government regulation of football.
Its proposals include requiring clubs to give a chunk of shares to supporters’ trusts; giving fans the first option to bid if clubs are put up for sale; that the FA restructures its board and leagues be given powers to oversee takeovers.
Labour wants to give clubs back to communities; its ideal is the Spanish giant Barcelona, whose president and board are elected every four years. Fans want an end to clubs such as Portsmouth going into administration, crippling debts at Manchester United and Liverpool and mid-season chaos like that in the Blue Square Premier, where Chester’s collapse provoked expensive legal squabbles.
Read the rest of the article in The Times.