There is growing interest in the UK in a different model of football club ownership, following the outrage over the proposal to create the European Premier League.
The founding members of the league came from three countries – England, Spain and Italy. But despite Germany being home to some of the biggest clubs in Europe, no German teams participated.
This is widely seen as related to the role German fans play in running their clubs. In most cases, commercial investors are not permitted to own a stake greater than 49%, leaving the public – or members – to veto decisions.
Plans to create the Europa League are on hold, after several participating teams announced their withdrawal.