ACCRINGTON Stanley chief executive Rob Heys insists the Reds would not welcome approaches from investors who meddle in team selection.

It follows the revelation that Stanley are fourth in a list of clubs potentially being targeted by MyFootballClub, a website which gives fans the opportunity to buy and then take control of a professional football club.

The website was launched earlier this year with the aim of recruiting 50,000 members, each of whom pay £35 in a bid to raise £1.4m to buy a club, with each member being an equal partner.

Members would then have a vote on transfers, along with player selection and all major decisions affecting the club.

MyFootballClub has now surpassed its 50,000 target and claims to be soon starting negotiations to purchase a club, with Leeds, Notts Forest, Cambridge and Stanley being the top four on a members' wish-list.

But Heys insists that while Stanley are actively pursuing investment, the MyFootballClub scheme would not be suitable.

"We are looking for investment, but it's got to be right for Accrington Stanley and our long-term future," said Heys. "I don't think MyFootballClub would be.

"The general idea is not a bad one, to get people involved to contribute to the running of the club.

"But there's an issue of how they would operate a club on a day-to-day basis.

"The idea is also based on the fact that fans can vote on team selection and on buying players.

"But the secret of Accrington's success has been that (chairman) Eric Whalley will let John Coleman make his own decisions on players.

"Eric will always offer his opinion, but it's the manager's decision."

Heys added: "We like to think Accrington fans can have their say at the football club.

"We've always listened to supporters and always encourage e-mails on ideas to improve the club behind the scenes. The door is always open for that."

However, while the MyFootballClub scheme would not be suitable for the Reds, Heys feels it could prove beneficial to a club with debts.

He said: "I'm sure MyFootballClub could help out a club somewhere, perhaps offer a lifeline to a club that is struggling financially."