So how will this work in football clubs? Should the groundsman be able to vote against the striker’s (nearly said centre forward, which would show my age) outrageous pay packet? Can the roadies demand a bigger slice of Elton’s royalties?
In the first case, yes, if the club is a quoted company. The latter, no, as rock stars’ businesses are both unquoted and usually offshore. Which is why Mr Branson has wisely stayed well away from the stock market for some years.