The 12 ‘super clubs’ resigned en masse from the European Club Association when they announced their little scheme.
The ECA is the organisation which negotiates with UEFA on distribution of revenue from European competitions. So the ESL clubs no longer have a seat at the table for that particular discussion. They also have to figure out how they are going to pay JP Morgan for their time and useless input.
so now these clubs and their owners know that they cannot ignore their ‘legacy’ fans, that governments will intervene against them and that UEFA can say **** off and win.
Apparently John Henry/Fenway began to **** themselves when some of the clubs ‘official partners’ ie. firms who pay to be associated with the name Liverpool, started to terminate their ‘partnerships’. Scouse fans had made it clear to these ‘partners’ what continued support would do for their brand. FSG now expected to try to sell but might struggle to find buyers. Perhaps the ideal time to enforce a 51% fan ownership policy like Germany, with fixed, low price shares for the fans, no dividends, no trading. Or, preferably, dump the share model and have a membership model. Not just for Liverpool, of course...
Loving this.
The ECA is the organisation which negotiates with UEFA on distribution of revenue from European competitions. So the ESL clubs no longer have a seat at the table for that particular discussion. They also have to figure out how they are going to pay JP Morgan for their time and useless input.
so now these clubs and their owners know that they cannot ignore their ‘legacy’ fans, that governments will intervene against them and that UEFA can say **** off and win.
Apparently John Henry/Fenway began to **** themselves when some of the clubs ‘official partners’ ie. firms who pay to be associated with the name Liverpool, started to terminate their ‘partnerships’. Scouse fans had made it clear to these ‘partners’ what continued support would do for their brand. FSG now expected to try to sell but might struggle to find buyers. Perhaps the ideal time to enforce a 51% fan ownership policy like Germany, with fixed, low price shares for the fans, no dividends, no trading. Or, preferably, dump the share model and have a membership model. Not just for Liverpool, of course...
Loving this.
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