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The 50+1 Rule petition: If we want to have a say and stop ENIC stripping profit from the club sign this!

Rosco1984

Well-Known Member
Aug 31, 2012
1,743
7,056
Petition pushing the 50+1 rule in existence in Germany that stops business's and foreign governments having full control of football clubs. 51% of all clubs would need to be fan owned.

If we can get behind this we could end up with far more say in the clubs future and it wouldn't surprise me if ENIC sold up and got out pretty quickly afterwards,.

Sign and share everywhere lets try and get all of English football on board.

 

SandroClegane

Well-Known Member
Jun 27, 2012
3,717
13,842
Petition pushing the 50+1 rule in existence in Germany that stops business's and foreign governments having full control of football clubs. 51% of all clubs would need to be fan owned.

If we can get behind this we could end up with far more say in the clubs future and it wouldn't surprise me if ENIC sold up and got out pretty quickly afterwards,.

Sign and share everywhere lets try and get all of English football on board.

Lol some signatures on a petition are going to force ENIC to sell up and get out? Where do you buy your drugs?

Who the fuck can afford to buy out ENIC? Or even 51% of their shares?
 

Rosco1984

Well-Known Member
Aug 31, 2012
1,743
7,056

Click the link and there's options to sign and share. You can use a facebook profile to sign it. If it gets 100,000 signatures it has to be debated in parliament. Currently at around 40,000. If it can get to 1m+ it would put on serious pressure.
 

Rosco1984

Well-Known Member
Aug 31, 2012
1,743
7,056
Lol some signatures on a petition are going to force ENIC to sell up and get out? Where do you buy your drugs?

Who the fuck can afford to buy out ENIC? Or even 51% of their shares?

They would be forced to sell shares to fans at a fair rate approved by the government if it became law. its better than doing nothing and just whinging continuously at least it would keep up the message that fans are done with the elite stealing the game.
 

MassadaTom

Well-Known Member
Aug 8, 2019
1,392
1,636
Click the link and there's options to sign and share. You can use a facebook profile to sign it. If it gets 100,000 signatures it has to be debated in parliament. Currently at around 40,000. If it can get to 1m+ it would put on serious pressure.
No buddy .I went to that link and there is nothing.
My question is how government will enforce that 50+1?
 

Everlasting Seconds

Well-Known Member
Jan 9, 2014
14,914
26,616
I'm fundamentally against this sort of economics by inventing new laws. You don't need a law to be passed, just gather enough fans to buy *your* club. It's much easier to materialise, it gives you much more control over the club and you don't need new laws to be created just for your interest. So I'm on principal not signing since the market mechanism to achieve what you want without needing a new law is already in place.
 

MassadaTom

Well-Known Member
Aug 8, 2019
1,392
1,636
They would be forced to sell shares to fans at a fair rate approved by the government if it became law. its better than doing nothing and just whinging continuously at least it would keep up the message that fans are done with the elite stealing the game.
We taking about billion pounds in shares, will not work.
Iam all for some general change in clubs ownership status but this is unicorns and dragons land.
 

Rosco1984

Well-Known Member
Aug 31, 2012
1,743
7,056
No buddy .I went to that link and there is nothing.
My question is how government will enforce that 50+1?

Apologies if the link didn't work I wasn't 100% sure how to copy it over from social media. You should be able to find the petition on the website.

They would be forced to sell shares to fans at a fair rate approved by the government if it became law.
 

Rosco1984

Well-Known Member
Aug 31, 2012
1,743
7,056
I'm fundamentally against this sort of economics by law. You don't need a law to be passed, just gather enough fans to buy *your* club. It's much easier to materialise, it gives you much more control over the club and you don't need new laws to be created just for your interest. So I'm on principal not signing since the market mechanism to achieve what you want without needing a new law is already in place.

organize it and I will invest. It would become a lot easier if the share price was adjusted to enable an easier purchase without putting enic unfairly out of pocket which is what would likely happen should the law pass.
 

MassadaTom

Well-Known Member
Aug 8, 2019
1,392
1,636
I think that legislation turning football brands into national heritage and creating a body under proper ministry to supervise them de facto turning owners in custodians of brand would be doable. Disgustingly socialist but do able.
 

Bulletspur

The Reasonable Advocate
Match Thread Admin
Oct 17, 2006
10,701
25,259
The last time I checked they poured hundreds of millions of their money into the club, so they are entitled for a return. Very misleading post
 
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Everlasting Seconds

Well-Known Member
Jan 9, 2014
14,914
26,616
organize it and I will invest. It would become a lot easier if the share price was adjusted to enable an easier purchase without putting enic unfairly out of pocket which is what would likely happen should the law pass.
You can't just adjust prices of things you like to a price level you like. In short, we can't forbid everything we don't like and give everything we do like away for free. A share price is a share price, you don't need to involve the government in what that price should be. If fans want to take over football, they'd need much more skills than what's needed to put together a successful crowdfunding. If fans can't even do that, they should not be put in charge of modern top tier football clubs.
 

MassadaTom

Well-Known Member
Aug 8, 2019
1,392
1,636
Apologies if the link didn't work I wasn't 100% sure how to copy it over from social media. You should be able to find the petition on the website.

They would be forced to sell shares to fans at a fair rate approved by the government if it became law.
Ok do you think that Tottenham Hotspur supporters can generate 2b pounds?
 

Rosco1984

Well-Known Member
Aug 31, 2012
1,743
7,056
Jesus fucking christ lets just keep moaning then. This isn't about the money or the investment or your ethical views on whether a way already exists or not its putting pressure on government and clubs to show the level to which we are unhappy. As with all government petitions its unlikely to go through in its current form but every signature adds pressure for real change and not just a slap on the wrist for the naughty owners. End of the day it takes 2 minutes out of your day but puts two fingers up to Levy far more effectively than the 2000 whinging posts we've all spent hours writing on here.
 

RJR1949

Well-Known Member
Jan 31, 2013
933
5,279
ENIC is not stripping profit out of the club.

The last accounts showed the club losing £68m in the year and the latest year’s results will be worse when published.

ENIC has never taken funds out of the club.

Now you can argue that ENIC are incompetent and not running the club well but unlike FSG at Liverpool and the Kroenkes at Arsenal they have not so far tried to take money out of the club.
 

Archibald&Crooks

Aegina Expat
Admin
Feb 1, 2005
55,604
205,192
I signed it, not as an anti ENIC thing specifically and what's the harm in having it debated by Government. I'll worry about the mechanics of it if the thing ever gets that far rather than take a wild guess and moan about it based on that. I'll wait to see how they suggest it'll work first.
 

Archibald&Crooks

Aegina Expat
Admin
Feb 1, 2005
55,604
205,192
Seeing some misunderstanding about what 50+1 is or means, so this explanation of how it works in German football might be useful. It's built on democratic principles that we've possibly forgotten in this country: https://www.bundesliga.com/en/news/...ules-50-1-fifty-plus-one-explained-466583.jsp
Well, if we bring it in then this has to go otherwise Spurs won't see any benefit

Bayer Leverkusen and Wolfsburg are two special cases in the Bundesliga, based on the fact that investors who have had an interest in a club for more than 20 years can apply for an exemption from the 50+1 rule
 
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