What would you have the football league do about our current situation? Genuine questionDone.
As far as Ccfc is concerned I suspect we all know the result you will get.
Disappointed that there were not more questions about the EFL. Until you get the governance right with proper powers and enforcement then there will always be owners like ours. That of course means a degree of independence from the club's themselves and proper funding, not the amateur old boys network we have now
DONEDear Sky Blues fans,
Much has been made over the past year of the extreme differences in fortunes between clubs in the Football League. With that in mind, we - Daily Mail journalists Sam Morshead and Tom Farmery - have set out to gain a comprehensive view of fans’ feelings at the way their club, other clubs and the EFL in general is being run.
We hope that you can spend two minutes of your time completing your respective club’s survey, enabling us to get data which we can then put to key figures in the EFL and government about the state of the game in this country.
If you have further thoughts and opinions on any of the topics mentioned, please also feel free to email sam.morshead@mailonline.co.uk or tom.farmery@mailonline.co.uk
Thank you for your time
HERE IS THE SURVEY: EFL Fan Survey: Coventry
Ohhhh, how to have a hazy memory. I'd look it up if I culd be bothered but...I think one measure that would make owners think carefully would be that any money they put in to a club is done so only by the issue of ordinary shares. That would mean no interest charges on loans and the money only recoverable on a sale (if at all) or being last in line in a liquidation (if at all). Such a measure would not be popular but it might make owners think more carefully about how a club is run and the risks they take. From an accounts balance sheet point of view then not having huge owner loans could improve the net asset situation of clubs.
I suppose you could have a halfway house of a maximum amount as a loan.
The risk is that it might stop some clubs ever finding new owners, which might mean the weaker clubs going to the wall
Of course the EFL being a closed shop of owners the above has no chance of happening
I mean, if a club is incorporated as a club rather than a business.raise cash ..................... from the issue of shares to the owners for starters, who couldn't take a charge over the assets to get the shares because they are not loans. That leaves such assets there are to be security for commercial loans from banks if needed.
Yes it makes raising finance via loans harder but it doesn't stop owners putting money in.
mind you we all know what happens to shares.......... they get misplaced and lost.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?