1. The test of whether the smaller clubs are protected will be the regulation of debt, which is what gets them into trouble.Good words from Nandy but lets see.
Sheff Wed and Morecambe situ is dreadful, lets hope it improves things.
Oh for a German 51 here, fook the money.
2. The German 51 is a bit of a myth:
a) Some clubs are exempt from the rule.
b) The biggest clubs find a way round it. Bayern, for example, is 51% owned by a large sports conglomerate ‘club’ which in theory belongs to its members.
But its three main sponsors own 25% of the club between them and sit on its board. In practice Bayern is controlled by commercial interests, not by its 51% fan base.