Thank you
We are extremely proud to announce that we have reached our £1.6m Community Share target.
This is a fantastic achievement and one we should all be very proud of. Thank you to each and every person that has put money into the scheme. Thanks also to each and every supporter for what they have done in getting us to this point. Not everyone can contribute to the scheme but everyone can have a role to play in developing a better way for football.
When we first started the club in 2005, the steering group asked for patience and promised that the club would always strive to make sure that fans and the community of Greater Manchester would always be at the centre of what we do. The Community Share scheme has given us a way of achieving the change that we seek in the game.
Our immediate goal is of course the development of our own facility in Moston and whilst we still have some way to go in finalising all our plans, reaching our share target is a huge step forward – and one which will help us unlock funds from outside bodies. Our long-term goal is to change football. FC United is committed to fan-ownership of clubs - we want to see an end to the instability in the game which sees the ownership of clubs changing hands and a growing number of clubs going to the wall under a huge debt burden.
We believe that the money that we have raised is the largest amount ever raised by football supporters independently. Raising capital through community shares is a unique development in English football and has been recognised as offering a real alternative to the way football is run and financed. Our shareholders all have just one vote regardless of the number of shares they hold, preserving the common ownership of the club. Community shares give a tangible way for fans to raise significant sums of money whilst preserving the football club as a community asset. We believe community shares is a preferable way of raising finance to borrowing from banks and more sustainable than relying on wealthy individuals who may not always have the best interest of the club at heart.
By buying community shares, FC United members are supporting a better way for football and delivering a sustainable ownership model – with a club owned and run by supporters and committed to wider community and social development. Our groundbreaking development will create a positive and lasting legacy in Moston, creating new sports and non-sports facilities for the area for generations to come.
We would also like to thank Co-ops UK, Key Fund, advisors Jim Brown and Hugh Rolo plus our lawyers Cobbetts and RSM Tenon our accountants. We are already talking to a number of other football clubs and community sports groups about how they might use similar share schemes to secure the future of their organisations.
Once again, thank you to each and every one of you. Together, we are showing that there is a better way for football.
The FC United Board
This is a fantastic achievement and one we should all be very proud of. Thank you to each and every person that has put money into the scheme. Thanks also to each and every supporter for what they have done in getting us to this point. Not everyone can contribute to the scheme but everyone can have a role to play in developing a better way for football.
When we first started the club in 2005, the steering group asked for patience and promised that the club would always strive to make sure that fans and the community of Greater Manchester would always be at the centre of what we do. The Community Share scheme has given us a way of achieving the change that we seek in the game.
Our immediate goal is of course the development of our own facility in Moston and whilst we still have some way to go in finalising all our plans, reaching our share target is a huge step forward – and one which will help us unlock funds from outside bodies. Our long-term goal is to change football. FC United is committed to fan-ownership of clubs - we want to see an end to the instability in the game which sees the ownership of clubs changing hands and a growing number of clubs going to the wall under a huge debt burden.
We believe that the money that we have raised is the largest amount ever raised by football supporters independently. Raising capital through community shares is a unique development in English football and has been recognised as offering a real alternative to the way football is run and financed. Our shareholders all have just one vote regardless of the number of shares they hold, preserving the common ownership of the club. Community shares give a tangible way for fans to raise significant sums of money whilst preserving the football club as a community asset. We believe community shares is a preferable way of raising finance to borrowing from banks and more sustainable than relying on wealthy individuals who may not always have the best interest of the club at heart.
By buying community shares, FC United members are supporting a better way for football and delivering a sustainable ownership model – with a club owned and run by supporters and committed to wider community and social development. Our groundbreaking development will create a positive and lasting legacy in Moston, creating new sports and non-sports facilities for the area for generations to come.
We would also like to thank Co-ops UK, Key Fund, advisors Jim Brown and Hugh Rolo plus our lawyers Cobbetts and RSM Tenon our accountants. We are already talking to a number of other football clubs and community sports groups about how they might use similar share schemes to secure the future of their organisations.
Once again, thank you to each and every one of you. Together, we are showing that there is a better way for football.
The FC United Board
First Posted ~ 18:21 Fri 16 Mar 2012
News ID ~ 4109
Last Updated ~ 01:52 Tue 16 Feb 2021