Youth Team Sub
Sep 11, 2019, 1:30 PM
Team(s): Walton & Hersham
Interested to leverage the combined knowledge of the minds on the forum for my own curiosity.
If I look at the club I follow they have no physical/tangible assets, yet they were sold for a sum of money (I've no idea how much) in the summer.
My thought is that the asset paid for can only be the club's position and right to play in the NLS. If this is correct then;
- What actually is that asset? Is it the membership of the FA, the county FA or the league? Presumably not the latter two as they can change and are predicated on having the first.
- Is this asset transferable (either for consideration or not)? It appears so, subject presumably to the consent of the FA.
- Who can own the asset? Can it be owned by an individual or group of individuals or only by a legally constituted body such as a company or trust?
- Is it possible to find out who owns the asset? Do any of the UK footballing bodies provide a publicly available list of such things? In many cases there is a company bearing a club's name but how do you know if they own the asset?
As I say there's no reason/motive behind this, just pure curiosity on my part.
(This post was edited by 1973Swan on Sep 11, 2019, 1:33 PM)