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Baroness Anelay of St Johns
asked Her Majesty's Government:Further to their launch of the Supporters Direct scheme on 27 January, in what circumstances would supporters be able to take a majority stake in a football club as a result of the introduction of the scheme. [HL1057]
Lord McIntosh of Haringey
The Supporters Direct Unit, when fully operational later this year, will provide advice and assistance to those supporters groups in England which would like to establish supporters trusts as a means of taking a financial stake in their football club. The unit will provide assistance in establishing such trusts but will not be involved in the direct purchase of shares, and nor will any funding be provided by the unit for share purchases.