Aufc Posted July 12, 2022 Share Posted July 12, 2022 Forgive me but it does seem like there is confusion as to the purpose of the FSS. The contributions are to have more say in how the club is run and gain more involvement in the decision making - and future direction of the club - by buying shares. It's not to sustain the clubs cashflow as supporters are already doing that with season tickets, match tickets and retail alongside the wider sponsorship deals the club has. The issue with this is there will be hundreds (thousands for a club like you) who are investing in a very small percentage of shares (I’m assuming it’s done via a lottery or something?). So if these people are expecting a say in the business then you end up with far too people involved. Additional issue is that the majority of them have an emotional tie to the club so hard to step back sometimes and see the bigger picture. From my experience, these things are a very beneficial way of raising additional funds for the club whilst allowing the participants a chance to win an amount each month (and get some nice share certificates as a keepsake). It is not to allow the participants to get a say in how to run the club. As a shareholder, they also get invited to the AGM where they can ask questions of the board. This method is actually a pretty good way to get people, who ordinarily don’t go to games and don’t have an emotional tie to the club, to donate money. Something like £20 a month with the chance to win some money each month plus a nice certificate of shares. Most of these people don’t want to sponsor a shirt or buy a season ticket. 0 Quote Link to comment Share on other sites More sharing options...
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