Quote: wrencat1873 "It's bloody ludicrous to "sell off" a share in SL for a one off cash injection.These things are great when you get the cash but, you are then worse off for the rest of your life.Every club should have rejected it and not just the ones mentioned !'"
On the face of it I agree entirely with this.
But as the season saw no fans but Bills to pay and likely again no or fewer fans 2021, reports have been coming out that several clubs are seriously hand to mouth, and not every club has generous owners. The rich clubs are hardly likely to sub the poor ones.
Superleague appears to go nowhere, and one vote each with unanimous votes preferred before any changes, superleague bosses find it almost impossible to agree on anything and Supeleague drifts to an extent on what may be seen as the tail wagging the dog on such a voting system.
The advantage of venture capitalism was that the venture capitalists and those rich SL bosses who decided to try to get them in, would have been able to change the voting system in favour of the bigger clubs. or shall we say richer clubs.
The Lenegans and Davey's of this world pour a lot of money in and no doubt want more say than perhaps your own man Michael Carter "deserves". They are old men and probably want to live in the here and now, and spend their money in the here and now.
Take the current SKY deal. The initial vote on that was 7-6 and the six contained the richer clubs. They lost the day 5 years ago, and venture capital may just have been an attempt to win it back......