An article on co-operative ownership of football clubs in the League of Ireland.
Might be of interest to some in this group.
It looks at the success of co-operative ownership in Irish professional football and the threat of new investment to the model.
Can it work? Would you want to own your club?
Will big money kill off community ownership in League of Ireland? (rte.ie)
Yes and no.
It’s tough to get from the current setup to a fan owned model. The private owners have legal right to own what they have bought, government seizing asset owner by private individuals isn’t necessarily a great thing. At to that many owners are foreign and even foreign states so the diplomatic head ache would be far greater than many MPs would care to take on, let alone a PM.
Football clubs are important cultural institutions in their local community and beyond. It makes a lot of sense that they shouldn’t be run as for profit businesses by soulless American hedge funds, investors trying to turn it into the NBA or the play things of ultra rich kids or Russian gangsters.
But if we got to that point would it be great?
Well we have seen foreign clubs being fan owned or partly fan owned make very shortsighted decisions. Fans are impatient and will tend to favour decisions where you overspend now and figure that it will make more money in the long run; but it doesn’t always go like that(Barcelona and Schalke says hello). Private Owners also tend to do this, but then investor can pay the bill(though sometimes they don’t. But that can be sorted with some salary caps.
In the BuLi the non-Bayern teams struggle to find the investment needed if they are ever to catch up with Bayern.
Funny enough we have also seen the fan owned giants in FCB+ RM being the most gung ho about adopting more business like decision making, being ruthless in pursuing International Super League and putting pressure on UEFA, La Liga and anyone else in their way.
I would like fan owned clubs; even if it does mean Man Utd gets back on top with their bigger fan base.