Via The Football Pink
BY JIM KEOGHAN
Punk football, the sobriquet adopted by the supporter-ownership movement has come a long way in the past twenty years. From humble beginnings at Northampton Town back in 1992, the movement has blossomed. With the backing of Supporters Direct, trusts have proliferated across the game. There are now 104 of them in English football, 73 of which are in either the top-flight or the Football League.
Although not all own shares, many do. And there are even some that possess a majority shareholding, like the trusts at Exeter City, Portsmouth and AFC Wimbledon.
Many of these teams in which the fans have gained a significant stake have also done remarkable things. Think of AFC Wimbledon’s surge up the football pyramid, Swansea City’s climb from the bottom tier to the top and Exeter City’s transformation from Conference also-rans to one-time League One contenders.
But despite the many successes, it’s…
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