Fan Ownership: The Future for Lower League Football

Here’s an interesting piece which gives us top billing!

Mitch Hooper - Personal Blog

wrexham

Mark Guterman was the scourge of lower league football clubs. Described by one fan as a ‘chubby football nut swanning around in a club financed car,’ Guterman is just one in a long line of owners who purchase football clubs, pillage them for all they can and then depart, leaving the club in tatters and the fans to pick up the pieces. His first investment was Chester City, a club now defunct because of his interference, before he moved onto Wrexham, where a £300,000 hole was left in the club’s finances whilst he was in charge. There are of course other examples. Portsmouth’s troubles are well documented (the club were £138 million in debt in 2010 and have faced several winding up orders), and Exeter City’s fraudulent ex-owner was described by the Crown Prosecution as being ‘broke. He had no assets, no money and no bank account and certainly had…

View original post 2,190 more words

Advertisements

One thought on “Fan Ownership: The Future for Lower League Football

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s