| Could the Sheffield Wednesday owner be forced to sell by the Football Regulator? on 08:53 - Oct 9 with 565 views | homer_123 |
Without wanting to be sceptical and cynical - they won't, ever, make that happen.
We just need to look at existing regulators in this Country to see what little they do, regardless of what power they have available to them. |  |
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| Could the Sheffield Wednesday owner be forced to sell by the Football Regulator? on 09:49 - Oct 9 with 503 views | Guthrum |
"Forced to sell" - but that requires a buyer willing to pay the asking price.
Are they going to be expected to sell below a fair (in the owner's view) valuation and/or without covering their investments? That would make for an interesting court case.
If they refuse, is the Government going to take control (how to justify that to taxpayers who aren't fans of the club in question), or force them into some kind of administration? |  |
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| Could the Sheffield Wednesday owner be forced to sell by the Football Regulator? on 10:00 - Oct 9 with 469 views | JakeITFC |
I’ve long been of the opinion that football club owners should have to post some sort of collateral into escrow (anywhere from three months to a whole season’s worth) to cover the costs of salaries etc. if they don’t pay them. If any owner breaches the regulatory rules x number of times then the club has to be handed over to the regulator for sale, and they will have a timeline to work to with funds secured. |  | | |
| Could the Sheffield Wednesday owner be forced to sell by the Football Regulator? on 10:10 - Oct 9 with 444 views | WeWereZombies |
| Could the Sheffield Wednesday owner be forced to sell by the Football Regulator? on 09:49 - Oct 9 by Guthrum |
"Forced to sell" - but that requires a buyer willing to pay the asking price.
Are they going to be expected to sell below a fair (in the owner's view) valuation and/or without covering their investments? That would make for an interesting court case.
If they refuse, is the Government going to take control (how to justify that to taxpayers who aren't fans of the club in question), or force them into some kind of administration? |
I think you are some way behind the nuances of the argument on this one, Guthers, of course they would be forced to sell below what the owner(s) expects and if the owner(s) have not covered their investments then that is their own fault and no one else's. Investment is always a risk.
As far as being an interesting court case, well it would already be a process within a legal framework. There might be a right to appeal the Regulator's decision but all parties would probably realise that after a long formal process the game was up for the owner and the appeal was just a matter of not losing face, despite it being sure to fail.
And it is not a question of the Government becoming the new owner, just a matter of the Regulator finding the best bidder. That might be another investment vehicle but it could just as easily be a well organised Supporter's group or local business group. |  |
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