The thing is, how do you get current owners to agree that they need to give up, up to 49% of their stake...I just can't see it happening.
I'm not sure how it happened in Germany either.
If you make a sports club forcibly change their ownership strategy, surely the owners would sue along the lines of being unfairly treated. Successive governments love privatisation so why should they promote a more public ownership stance with sports clubs?
I'd love it to happen but just can't see how it works...
I guess in theory now we're not tied to the EU we can make any laws we like and just tell them to hand it over but obviously that can't happen in practice. The taxpayer isn't going to stand for handing money over to super rich football club owners to allow them to be bought out as we all know a lot of the debt isn't real. Imagine Sepalla getting a £60m payout or Glazer getting the best part of £800m.
Could you bring in a status for football clubs that requires them to run as non-profits? Of course you still get things like ridiculous interest payments being taken out, how do you stop that? You can't just ban borrowing as some teams, particularly at the lower end, will have a genuine need, centralised borrowing via the FA so it has to be justified?
Maybe something similar to Barca where nothing major can be done without the fans getting a vote.
At least its being talked about and if supporters are being involved there will hopefully be a chance to put ideas forward.