MADE MENTION OF THIS TWO YEAR OLD REPORT IN A THREAD YESTERDAY,LOW AND BEHOLD ITS ON TOPIC AGAIN
DON'T HOLD YOUR BREATH THOUGH!! SO WHO ARE THESE SERIOUSLY LOADED BACKERS WHO DON'T WANT US DEMANDING MESSI+BALE
ALSO I THOUGHT THAT ANYONE WHO HOLDS 10% OR MORE HAS TO BE TRANSPARENT,LIKE BRODY ,I WONDER HOW AND IF HE GOT
HIS DOSH OUT BEFORE THE CRASH!!
MPs back Jim Cunningham's call for new laws to clean up football
2 Dec 2013 10:33MPs said clubs should be barred from spending more than they could afford in a dash to sign top players
The government should impose “urgent reform” on the football industry following a string of bankruptcies, rows with fans and controversy over club owners, MPs say.
They called for new laws to give fans a legal right to be consulted about club decisions – and to make it easier for supporters to buy shares in their local football club.
MPs said clubs should be barred from spending more than they could afford in a dash to sign top players.
They called for stricter “fit and proper person” tests to ensure clubs could not be bought by owners who might bring them into disrepute.
And MPs said fans should have a legal right to know who actually owns their club. The demand came in a Commons motion written by Coventry MP Jim Cunningham (Lab Coventry South) and signed by 18 fellow MPs including Geoffrey Robinson (Lab Coventry North West).
They called on the Government “to bring forward legislation on football governance and finances as soon possible”.
It follows a Commons inquiry which raised a range of concerns about the football industry. The Football Association had promised to introduce reforms to deal with those concerns, but MPs said these did not go far enough.
In a report earlier this year, the Commons Culture, Media and Sport Committee said it was “particularly concerned that increasing commercialisation of the game, coupled with a lack of financial regulation, was leading to significant financial risk-taking among football clubs”.
Coventry City went into administration in March this year.
And the Commons Culture, Media and Sport Committee uncovered a deliberate attempt to stop fans finding out who owns the club.
Highlighting evidence from Greg Clarke, chair of the Football League, the Committee said in a report: “When asked about the ownership of Coventry Football Club, as one example, Greg Clarke said that the Football League knew who the owners were and possessed sworn statements from legal representatives of the club’s trust.
“Although he agreed in principle that supporters should know who owned their club, he told us that some investors did not want it to be known that they were part-owners to protect themselves from the minority of fans who could try to pressure them into giving the club more money.”
DON'T HOLD YOUR BREATH THOUGH!! SO WHO ARE THESE SERIOUSLY LOADED BACKERS WHO DON'T WANT US DEMANDING MESSI+BALE
ALSO I THOUGHT THAT ANYONE WHO HOLDS 10% OR MORE HAS TO BE TRANSPARENT,LIKE BRODY ,I WONDER HOW AND IF HE GOT
HIS DOSH OUT BEFORE THE CRASH!!
MPs back Jim Cunningham's call for new laws to clean up football
2 Dec 2013 10:33MPs said clubs should be barred from spending more than they could afford in a dash to sign top players
The government should impose “urgent reform” on the football industry following a string of bankruptcies, rows with fans and controversy over club owners, MPs say.
They called for new laws to give fans a legal right to be consulted about club decisions – and to make it easier for supporters to buy shares in their local football club.
MPs said clubs should be barred from spending more than they could afford in a dash to sign top players.
They called for stricter “fit and proper person” tests to ensure clubs could not be bought by owners who might bring them into disrepute.
And MPs said fans should have a legal right to know who actually owns their club. The demand came in a Commons motion written by Coventry MP Jim Cunningham (Lab Coventry South) and signed by 18 fellow MPs including Geoffrey Robinson (Lab Coventry North West).
They called on the Government “to bring forward legislation on football governance and finances as soon possible”.
It follows a Commons inquiry which raised a range of concerns about the football industry. The Football Association had promised to introduce reforms to deal with those concerns, but MPs said these did not go far enough.
In a report earlier this year, the Commons Culture, Media and Sport Committee said it was “particularly concerned that increasing commercialisation of the game, coupled with a lack of financial regulation, was leading to significant financial risk-taking among football clubs”.
Coventry City went into administration in March this year.
And the Commons Culture, Media and Sport Committee uncovered a deliberate attempt to stop fans finding out who owns the club.
Highlighting evidence from Greg Clarke, chair of the Football League, the Committee said in a report: “When asked about the ownership of Coventry Football Club, as one example, Greg Clarke said that the Football League knew who the owners were and possessed sworn statements from legal representatives of the club’s trust.
“Although he agreed in principle that supporters should know who owned their club, he told us that some investors did not want it to be known that they were part-owners to protect themselves from the minority of fans who could try to pressure them into giving the club more money.”