When Tracey Crouch MP published her report on the “fan led” review of football she talked about the intention to offer greater protection for fans, giving veto powers to be held by a democratic legally constituted fan groups.
That is known as a Golden Share, which is a single share with rights that benefit the holder of the share.
So, for this purpose, a ‘Golden Share’ is simply another is likely to give supporters veto rights to prevent the change of team name, team colours, move or sale of current stadium.
The MP, in her report, envisages that football clubs will issue this ‘Golden Share to supporters’ groups. In many cases ( this will be the club’s existing supporters’ trust which will thereby become the effective custodian of the ‘Golden Share’ and the rights attached to it.
This is the main reason West Ham United Supporters’ Association converted into a trust earlier this week to become the West Ham United Supporters’ Trust.
They are now offering £5 membership per year for individuals or £25 per year for West Ham United official and unofficial supporters groups in the UK and Overseas, supporters running websites, podcasts, and fanzines.
Those who join will receive one share and have the ability to vote within the Trust
You can join at https://www.whust.org/membership