Monday, November 19, 2007

Buying an English Football Club

Any interest in owning an English club in one of the world's hottest football league? It's still not too late.
The members of a football fans' website called MyFootballClub website has actually gathered together in an unprecedented move to buy a majority percentage of an English football club by the name of Ebbsfleet United.
The forum members of the MyFootballClub website, numbering to 20,000 each contributed £35 to a fund which made up to £700,000.
With this deal done, the 20,000 members have an indirect ownership of Ebbsfleet United (formerly known as Gravesend & Northfleet), which plays in the Blue Square Premier League. Their indirect ownership don't just stop there. Each of the 20,000 members has a say on the club's future transfers, player selection, all major decisions and an option to buy all the club for a fixed price in future. You can still join their business venture - click here.
Maybe this idea could also work in Malaysia to overcome the unsuccessful Malaysian football situation.



Anonymous Boro Betting Boy said...

I think it is a refreshing scenario whereby the fans of the club have chipped in to save and run it in such a manner. In an era where multi-billionaire businessmen are invading Premiership clubs leaving fans wondering if their commitment will last forever Ebbsfleet will be safe in the knowledge their backers will always be around. This could be the future of football if the foreign money men decide to move on after milking the sport for all its worth.

19 November, 2007 18:30  
Blogger Johnny Ong said...

with the current waves of foreign ownerships sweeping thru the english premier league, it's comfortable to see an english, albeit in the lower division, to be owned by real english fans

20 November, 2007 00:14  
Anonymous Riverside betting man said...

People could argue that it is a publicity stunt but time will tell if it pays off. It's no more arisk than the top clubs gambling their futures with foreigners who could leave as quickly as they arrive.

22 November, 2007 19:01  
Anonymous Anonymous said...

Should there be a Salary Cap in Football?
Personally I think there should be! It’s just getting to be stupid money in football at the top of the premiership!
It’s always the same teams at the top proving that football success is based purely on money which ruins the idea of it being a sport! They’ve done it in rugby, basketball, hockey and American football and it makes the sports more competitive and better to watch!
I do a little Spread Betting from time to time and most matches don’t hold much surprise who is going to win, its boring! I want to see a team at the bottom pulling off an amazing season beating last seasons winners in a close fought battle!
Make things fair! It shouldn’t be about money!
All there is all that money in the premiership and barely any of it stays in the UK so it’s not even helping the economy!
From my Spread Betting, if I ever win big (which is never, I’m unlucky) it’s still nothing compared to the average premiership players weekly wage!
This Rant was brought to you by Spread Betting Spike.

15 April, 2008 20:12  

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