Here we go.... where's my tin hat.
I can understand the broad view of ownership of the club and the fact that no one individual can claim ownership even under a majority of 51%. But it sticks in my mind that those individuals who do hold the shares; by definition collectively own the club, and this is where I feel that this vision (and not a bad one) of community/fan ownership falls down.
How is a transfer of ownership to the community/fan base occur? are the current share holders expected to donate their shares to the community/fans or is it envisaged that funds will be raised to purchase them.
My biggest concern is the same old dog from last year; where is inward investment going to come from, there is a certain truth from last year we can't disguise from anyone not lease ourselves; we collectively couldn't save our own club with a the help of half the county; had it not been for Ilyas and Peter Marsden we wouldn't be having this conversation.
Ilyas; would you consider promoting/investing into a consortium of local business with a view of purchasing the club on behalf of the Community of Hyndburn