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.’
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.’