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FC United Community Shares Scheme

Welcome to the FC United Community Shares Scheme web page.

The Community Share Scheme is Open until 15th March 2012.

Download the Community Shares Application Form

Community Shares DocumentOn this page you can get all the information you need about the FC United Community Shares Scheme, which is a vital part of our fund raising package that will enable us to develop our own ground and community facilities in Moston. We need your support!

From Newton Heath to Moston

Our previous Community Share scheme for Ten Acres Lane in Newton Heath was hugely successful, raising just short of £1.3m. That money has been securely held in an Escrow account at our legal partners, Cobbetts LLP.

- IF YOU BOUGHT SHARES PREVIOUSLY

We need you to sign over that money to the new scheme on the application form at the back of the Offer Document. We will write to you and ask you to sign the form. Please do this AS SOON AS POSSIBLE.

If you can, please buy more shares - you can do this on this application form, or later on a second application (just mark it 'second application').

- IF YOU HAVE NOT BOUGHT SHARES BEFORE

Please support our scheme - your support is vital and will be contributing to a unique community scheme. Please read the Offer Document and fill in an application form at the back.

Please download the Offer Document here.

A Summary of the FC United Community Share Scheme

The cost of the ground at Moston is around £4.5m. Uniquely in English football we are aiming to raise £1.6m through an issue of Community Shares.

FC United is one of only ten projects supported by Coops UK and central government through the Community Share Scheme designed to enable cooperative organisations like FC United to raise finance from our communities to support expansion and development much more effectively than through traditional methods such as bank borrowing.

Key Points:

  • The offer is open from November 1st 2011 to March 15th 2012
  • Participants must be members of FC United of Manchester. If you are not a member you can join on the application.
  • Minimum share purchase £200
  • Maximum share purchase £20,000
  • Up to 30% tax relief possible under HMRC Enterprise Investment Scheme
  • No withdrawals in the first three years of the scheme
  • No interest payments in the first three years of the scheme
  • Maximum withdrawal from the scheme of 10% of total share capital in any one year following year three
  • Potential interest payments of up to 2% above base rate from Year 4

Documents to Download

The FCUM Community Share Scheme Offer Document 2011

The FCUM Community Share Scheme Offer Document 2011 [smaller file size without pictures]

Guide to Investing in Community Shares (Co-operatives UK and Development Trusts Association)

Moston Community Stadium Facility

Moston FAQ

Current Plans (coming soon)