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This has been looked at over a number of years and has gotten better, but still there are issues. So my proposal would be no single entity could own more than 49% of a club. Therefore no majority. Perhaps this simple measure will help. Or if you take it a little further perhaps the max would be 33% and supporters must own 1% of the club. This would lead to at least 2/3 sets of eyes approving financial transactions.
As far as I know there is currently no restrictions on percentages of a club you can own. I think this might be a more prudent way of being owned.
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New club ownership rules on 10:09 - Aug 7 with 177 views