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rob_fmttm Posted on 22/05/2020 13:06
Radical Plan To Save Football from MP and FSA
 
Damian Collins MP says we have: “Weeks to save professional football as we know it”
The Government needs to take urgent action to “save professional football as we know it”, says Damian Collins MP, the influential former chair of the Digital, Culture, Media and Sport Committee.

The shock of COVID-19 has hit all clubs but it is especially devastating at clubs with already fragile finances who rely on season ticket sales and gate receipts for the vast majority of their income. That revenue has reduced drastically in the past few months.

Collins proposes a bailout for clubs who need it – but they don’t get something for nothing.

In return a Football Finance Authority (FFA) would be created by the FA and backed by government funding. The FFA could provide finance to clubs to help them meet short-term operational liabilities but could not be used for transfers or infrastructure spending. The FFA would include representatives from clubs, players, and fans.

The funds would be exchanged for minority shareholdings of between 10% to 49% and independent directors would be appointed to club boards. Supporters’ trusts may be the nominating body and the director would be subject to approval by the FFA.

These independent directors would then have a responsibility to report back the FFA and they would have the power to place clubs who continue to break financial rules into administration.

Link: Football Supporters Association
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rob_fmttm Posted on 22/05/2020 13:19

Radical Plan To Save Football from MP and FSA
"We want to see a lasting solution to the previously existing problems of unsustainability, and so we see our proposals as going hand-in-hand with more permanent solutions already tabled by the Football Supporters’ Association (FSA) around the regulation and governance of football.

“The government already has a manifesto commitment to a ‘fan-led review of football governance, which will include consideration of the Owners’ and Directors’ Test’; the COVID-19 crisis gives greater urgency to an area of concern already crying out for action.”
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rob_fmttm Posted on 22/05/2020 14:40

Radical Plan To Save Football from MP and FSA
"Football now has a unique opportunity to reset and adopt new ideas, which not only secure the short-term future of clubs, but help them thrive in the seasons ahead.

“These proposals would be a huge step in the right direction and chime with the FSA’s core beliefs – that fans have a key role to play in football governance and ownership models.
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1finny Posted on 22/05/2020 14:47

Radical Plan To Save Football from MP and FSA
I’ve got no desire whatsoever to support putting taxpayers money to ‘help save football as we know it’.

Now, plans to totally re-set it, I can get behind..
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DCI_Gene_Hunt Posted on 22/05/2020 16:49

Radical Plan To Save Football from MP and FSA
I'm with 1finny

I've no desire to come out of this with "football as we know it"

It needs to change big time.
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rob_fmttm Posted on 22/05/2020 19:41

Radical Plan To Save Football from MP and FSA
That is exactly what this plan is about a radical shake up of EFL football and much more accountability to fans and to reality.
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We_Will Posted on 22/05/2020 20:18

Radical Plan To Save Football from MP and FSA
The changes need to happen from the top. The greed and bloated egos of the Premier league need to change first. Now is the time for that change.
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Johnson Posted on 22/05/2020 21:39

Radical Plan To Save Football from MP and FSA
What 1finny said. Totally

Football needs resetting not saving
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