Archive for tag: NUST boardroom representation.

NUST set to benefit from new Labour rule?

April 2nd, 2010 | 96 Comments |

Labour giving the NUST a helping hand?
Labour giving the NUST a helping hand?
We haven’t been hearing much about the Newcastle United Supporters Trust (NUST) recently, maybe because at this moment in time they don’t have an angle to attack the current ownership of Newcastle United from.

With things going well on the pitch and remaining quiet off it, any negative comments could possibly backfire on them as they would then be viewed as the ones who are unsettling things. Despite that though, it appears that their desire to have at least a fan representation at board room level could move a step closer under new proposals by the Labour party. The proposed Labour manifesto would force clubs into handing 25% of the shares over to the fans based on the German model, although the current German model requires 51% of any club to be fan owned. This comes amidst a financial deck of cards that faces the very real risk of falling over as clubs run up unsustainable debts under the cover of a lack of regulation within the Premier League. (more…)