D
Deleted member 7101
Guest
The devil would be in the detail. If no individual has control it could get messy. A lot will depend on the structure above the club. There's a world of difference between 3 people owning a company which owns, say, 60%, and those three as individuals owning 20% each. A larger number of shareholders would force a collegiate approach and a consensus would be needed. It would probably result in slower, but more considered, decisions being made.
Or it could lead to deadlock.