Q1 What is it?
It is a means for the fans of a club to take a collective ownership stake (usually through a Supporters Trust) in a significant, or ideally majority, of the voting share capital of their football club.
Q2 Is there only one way of doing this?
No, it depends on a lot of factors and each set up should be appropriate for the fans and their club. Some clubs are fully fan-owned, others hold more than 50%, whereas others have a minority shareholding which often is supported by a shareholders agreement giving certain rights and protections for the Supporters Trust. Because of the size, potential and history of CCFC, a joint venture with other investors is likely to offer the best alternative.
Q3 What can fan ownership gain the supporters?
Anything from the overall decision in big issues at the club (such as the budget, business strategy) to a protective position, or at least a genuine voice. A chance to be included rather than excluded and ignored
Q4 Does it mean that the fans run the club or pick the team?
No: there are major business decisions that the supporter shareholders would be involved in, but just like any other club, the Board will delegate responsibility to experienced people to run different parts of the business. This would require a Club Chief Executive and others with a record of running successfully the business side of football clubs. As now, the manager would run the football side and pick the team.
Many Sky Blue Trust members will have been at The Valley last October when both Coventry City and Charlton fans joined forces to march together in a demonstration of unity in their fight for better ownership.
The March attracted National media coverage and helped to highlight the sad demise of both clubs.
On Friday there will be another march, this time on our home turf, organised by the "Fighting the Jimmy Hill Way" group which we believe many of our members will want to support.
Supporters of both clubs are invited to assemble at the Cherry Tree Club, CV6 6FT, on the junction of Lythalls Lane and Bedlam Lane. A march will then commence at 2pm along Bedlam Lane, onto the footpath by Phoenix Way and then into the Ricoh complex, finishing by Jimmy Hill’s Statue on the North side of the Stadium. Fans are invited to bring banners, musical instruments and other devices that add to the atmosphere, though people should be aware that Arena Security may restrict items being taken into the ground.Write comment (0 Comments)
The annual Sky Blue Trust survey was conducted during February and has yielded some interesting and potentially worrying results. It must be stressed that the survey was done before the return of Mark Robins and the welcome success at Wembley.
The survey was completed by 720 supporters, 50% being Trust members. Of the 720, over 50% were either season ticket holders or had attended more than 5 home matches. Therefore the survey shows a good spread of supporters from a range of demographic groups so that the results are statistically significant.
The most worrying outcome from the survey is the finding that, among current season ticket holders, only 20% would definitely renew if the club, as looks sadly inevitable, were relegated to Division 2.
This would mean a major cut in the club's income, a potential decrease of almost £1 million. With the current owners steadfastly refusing to invest in the team, it makes the prospect of signing quality players and bouncing straight back up again remote.
However, 60% did indicate that a change of ownership would lead to them definitely renewing, even if the club was in Division 2. The subject of ownership is one that is deep in the thoughts of most Sky Blue supporters, with 65% stating that they cared about who owned the club and 83% supporting an ownership model based around some form of supporter involvement.
To further back this supporter involvement in ownership model, 92% of respondants indicated that they would be willing to invest their own money into their club, with 36% stating they would be willing to invest £1000 or more. This shows that there is not only an appetite for this type of ownership change but that supporters could raise sufficient funds to make it a reality.
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The full details of the survey can be found by choosing "Fans Survey" from our main menu.