How many Trusts have significant shareholdings and how many have directors on the Board?
That depends on how you define significant. A 2% shareholding can be the crucial casting vote in some cases, and there are a large number of trusts which have a shareholding that makes them significant. At Leyton Orient for example, they have 3000 shares, and whilst dwarfed by many other shareholders at the club, they are the largest shareholder outside the boardroom, which is something to be going on with and means that they have arguments ready to deploy in their favour. As for board representation, it depends on what criteria. There are places where the chairman of the club has invited the chairman of the supporters club onto the Board – but they aren’t elected onto it to represent fans as such, for example at Northampton Town or Lincoln City. It could be seen as splitting hairs, since after all, a fan is a fan and it’s better than nothing. There are nearly 50 such directors on the boards of clubs by virtue of the supporters’ trust, many of whom are elected by the members… It has
Related Questions
- How many Supporters Trusts have significant shareholdings in their Club, and how many have fans representatives on their Clubs board?
- Why do some Trusts place more importance in influencing the Board, whilst others seek to own shares or get fan Directors?
- HOW MANY TRUSTS HAVE SIGNIFICANT SHAREHOLDINGS AND HOW MANY HAVE FANS REPS ON THE BOARD?
