Labour To Help Toon Fans Buy The Club?

29 March 2010 13:16
Good news for the supporters trying to buy out Mike Ashley ... Labour is considering giving football fans first refusal on the purchase of shares in their clubs when they are put up for sale. Clubs could even be required to hand over stakes of up to 25% to supporters' groups, the Guardian claimed. The move is apparently set to be included in Labour's general election manifesto. It comes amid increasing concern about the degree of foreign ownership of teams and the perceived low levels of commitment from shareholders with little affinity with the clubs.

Source: FOOTYMAD