by Dirk Gently »
24 Mar 2025 11:37
Crusader Royal Dirk Gently The usual governance model for community owned clubs is a two-tier one - there is the "Membership Organisation" (Wimbledon ISA, Morton Club Together, Foundation of Hearts, Exeter City Supporters' Trust, Seadogs Trust, etc) which people belong to and contribute to, on the basis that no member has more than one vote. STAR was setup as an Industrial & Provident Society with this model in mind.
That membership organisation then owns various assets, such as football ground, football club, training ground etc etc - they appoint the directors, but each of these is a separate company in its own right, it's just owned by the membership organisation, that appoints directors and sets the direction.
But legally the directors of the Football Club Company are the ones who will need to be vetted etc (and, incidentally, be banned from placing football bets!), and legally they are a quite different company from the membership organisation that owns the majority of their shares.
Again, that doesn’t work for many non league clubs. We aren’t a company, we don’t have directors, we don’t have shareholders.
Agreed, you need to be of a certain scale to make the extra legal governance worthwhile, but I'd say if you own assets you really need a proper arms-length leal structure - some non-league clubs have come a croper legally when they've got into financial difficulties and didn't have a robust ownership model over their ground.