In just over 21 months since the Share Scheme was launched, there has been a terrific response from our members and with £742k now committed, we are already well over one third of the way towards our target.
We set ourselves a target to raise £2,000,000 over 5 years “to improve the capital base of the Trust in order for it to invest in its assets WWFC and FALL” by using a community share structure to:
- Ensure the club remains in fans’ ownership with the provision of a capital injection to re-finance the Football Club
- Provide resources to improve the profitability of the business and the management structure of the Football Club
- Invest in improved conference and matchday facilities to improve the attraction of Adams Park as an alternative event venue
- Widen the community ownership of the Football Club and its social benefit
Already we are seeing the benefits of the £466k of Share Scheme money that has been banked, with the Football Club finances heading towards a more stable position and a number of visible improvements being made around the stadium. These will continue as more funds come in.
The Share Scheme is set up so that anyone can invest at any level and if necessary spread their payments over the next 5 years.
We started off with a good number of members wanting to donate their £10 a year subscription EACH MONTH and most of those people have now turned those donations into share purchases to build up a good number of shares over the coming five years.
At the outset it was a simple calculation that if 1000 members each were able to invest £2000, then we would quickly and easily reach our target. Thanks to those who have put in a ‘lump sum’ – some have invested £2000, some have paid more and some less but all are much appreciated.
If we are to continue to ensure Community ownership, then we do need to keep progressing towards our target and hence this message is now being put out to our membership.
So Are YOU Getting Your Share?
Do please consider if you can help in anyway by either setting up a 5-year payment plan (monthly or annually) or by donating a one-off payment of whatever you can. The minimum investment is £100 and the maximum is £100,000.
If you can, then the forms are on our website page –click here – where you can also find the brochure and all the associated background information.
Any questions can be emailed to email@example.com
We believe that by raising extra capital through these Community Shares to invest in the Club, we can turn a business that has traditionally lost money into one built on firm foundations making a profit and make sure the Club remains owned by you, the fans.
Many thanks for any help you can give.
Chairman – Share Issue Marketing Group