Quote ="Starbug"I await some bright spark coming on here to point out that FC Barcelona are a Supporters Trust
'"
Barcelona a supporters trust?
Sure! You mean the one that was based on an initial investment of €50 million?
Yes, that's what we should do. I wonder if anyone can see any catch?
I have to say that I have nothing but admiration for the people who implemented the transformation of Barcelona, although mentioning them in the same breath as us is a bit rich. Mind you, as at 2010 they had a net debt of €442 million, currently 58% of the club's net worth, so maybe there's something in it, seeing as we only owe an odd million or so.
But if you are interested (I was at the time) [url=http://openmultimedia.ie.edu/openproducts/fcbarcelona_i/fcbarcelona_i/pdf/dg1_481.pdf
here's [/urlan article about how they did it. Basically, some very clever and hyper-wealthy people, operating as a cabal of sugar daddies, I suppose would be one way of describing it. in a snapshot, a number of high-powered executives took up to a year out from their companies to set it up, and as the year went on, they gradually hired a skilled (and extremely expensive!!) management team.
Good luck in finding the Bradford equivalent.
PS a quick Google suggests Barca are in financial strife, trying to implement a 4 year "austerity" programme of cuts, and drive down a management wage bill of pushing €30 million (excluding bonuses).
But they do have a bloody good team.