I just found this page on the web which made me laugh as a mate of mine is a big leeds fan, so I’ve subscribed to buy a stake.
It sounds like an interesting business prospect, but I’m not sure how it works legally and whether the company becomes liable for debts the new football club get’s it self in.
The other aspect is that members can vote on team selection, which I think it dreadfull, I think that tactic’s team selection could be recommended by the ‘fans’ but not picked.
27,000 plus people have subscribed todate so just over half way to the 50,000 required. Secondly I’m not sure how they are going to demand the actual money.