Fan-led review published by Government praises Brentford

TheProf

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Statement from Bees United:
We welcome the fan-led review report by Tracey Crouch especially her recommendation for a ‘golden share’ for fans along the lines of the successful BrentfordFC model.
Recommendation 28
It should be a licence condition that all licenced clubs should include within their articles of association a Golden Share requiring democratic consent to proposed actions relating to identified heritage items. Each Golden Share right should have circumstances in which it will not apply.
Some progressive clubs already provide for a Golden Share, most notably Brentford FC whose successful model provided certain veto rights over a stadium move. This ultimately did not prevent the club from moving stadium, but ensured that fans were supportive of the move. This is a good case study demonstrating that Golden Share rights can operate in a positive manner to the benefit of all concerned.’
 

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"The Review has therefore concluded that each club should be required to provide for a special share — a ‘Golden Share’ — in its articles of association. This share should be held by a democratically run Community Benefit Society formed under the Cooperative and Community Benefit Societies Act 2014 for the benefit of the club’s supporters. In most cases, this can be an existing Supporters’ Trust, provided that the constitution of such a Trust meets specified requirements. The Golden Share will require the consent of the shareholder to certain actions by the club — specifically selling the club stadium or permanently relocating it outside of its local area, joining a new competition not affiliated to FIFA, UEFA or the FA, or changing the club badge, the club name or first team home colours."

Not sure if the full report considers clubs going into administration and, if so, whether the provisions of the "Golden Share" would still apply? @TheProf ?
 

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specifically selling the club stadium or permanently relocating it outside of its local area, joining a new competition not affiliated to FIFA, UEFA or the FA, or changing the club badge, the club name or first team home colours
Note that the BU Special Share does not protect against 4 out of 5 of these provisions. And the other one isn't protected if the owner (at the time) decides to put the club into administration in order to render it useless.
 

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Note that the BU Special Share does not protect against 4 out of 5 of these provisions. And the other one isn't protected if the owner (at the time) decides to put the club into administration in order to render it useless.
Don’t forget Public Opinion though. If the town is ‘up in arms’ and there’s a Golden Share, even Badowner might reconsider.
If despicable Badowner continues, then it’s probably all over anyway (Bury FC?)
 

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List of "contributors" is interesting....Who's this chap?

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Interesting comments re the Shadow Board. It becomes to new de facto supporters' rep board and seems to usurp BIAS...
 

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Who decides the composition? Holder of golden share?
No

Democratically elected. But places reserved for
* representatives of the body holding the Golden Share;
* Equality, Diversity and Inclusion representatives;
* youth supporters;
* international supporters (if relevant);
 
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7.22 Having considered various models and approaches, it is recommended that the mandated Shadow Board should:
a. Operate according to written terms of reference registered with IREF, which should be based on a standard IREF template (which may be varied to allow flexibility according to local circumstances if so requested by supporters and the club);
b. Consist of 5 – 12 members appointed according to a democratic process;
c. Have a Chair appointed from among its members on an seasonal basis;
d. Have reserved seats for representatives from key supporter groups including: representatives of the body holding the Golden Share; Equality, Diversity and Inclusion representatives; youth supporters; and international supporters (if relevant);
e. Members should be subject to retirement by rotation, ensuring both that there is a regular turnover of members but also that at any one time there will be a number of experienced members on the Shadow Board; and
f. Hold at least quarterly meetings with club executives, with guaranteed attendance from the club CEO or equivalent twice per year.
 

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How is the Shadow Board elected?

"Of the various mechanisms outlined, a Shadow Board appears to offer the best
approach to achieve these objectives. Provided that the mechanism for selecting the
members is independent of the club, and that it results in members from a cross section
of the supporter base, the limited size of the Shadow Board should allow for effective
consultation."

So that's crystal then!
 
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