Fan Ownership (11 replies)
A big sticking point for us ever getting taken over is the fact that the club is probably worth around £20mil but the HKSE listing is worth around double that. No investor that is trustworthy would want to spend £60mil on a club only worth £20mil.
Therefore the only people that are going to actually have a real interest in taking over are anyone that is interested in the listing (most likely another Chinese owner who, because of the previous and current regime, will never have the trust of the fans) or someone that has an affinity for the club i.e. fan ownership.
For me, the only way that the club can be fixed from top to bottom would be to have a fans trust run the club. There would be no second agenda's, no questionable chairmen/directors and no summer splurges that mean we take a points deduction in future seasons. I'm sure there would be plenty of negatives to fan ownership as well but at the moment it certainly seems like the positives would outweigh the negatives.
Anyway back to my original question, does anyone know if a fan trust takeover has ever seriously been discussed?