ANDREW ADAMS

Armitage Seth

Carr Peter

Drake Leigh

Draper

Football Task Force

Hamil Sean

Hansmann Henry

Janet Levin Associates

Jaquiss Kevin

Llewellyn David T

Michie

Michie Jonathan

SETH ARMITAGE

Supporters Direct

Touche

English

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MUTUALITY FOR FOOTBALL CLUBS? LESSONS FROM THE FINANCIAL SECTOR

Armitage, Seth

Adams, Andrew

Heriot Watt Pure

Mutuality for Football Clubs? Lessons from the Financial Sector

The mutualisation of two English third division football clubs in 2001 and the creation of a large number of supporters' trusts make it timely to consider whether there is a case for mutualisation of football clubs. This paper assesses whether mutuality would be of economic benefit for clubs, drawing heavily on the experience of mutuals in the financial sector. Our conclusions are mixed. The economic case rests on the distinctive feature of customer loyalty to a club, presuming this to be much stronger than loyalty to a financial institution. However, club members in a mutual must expect to be called upon to provide financial support

Armitage, S. E.

Edinburgh Research Explorer

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Mutuality for football clubs? Lessons from the financial sector

Mutuality for football clubs? Lessons from the financial sector

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Heriot Watt Pure

Heriot Watt Pure

Edinburgh Research Explorer