Quote:
Originally Posted by Doug
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Forget equality ownership; even if you can get people to buy a maximum 35% it’s not going to mean they will all keep putting money in. Unless we can keep the minimum required income up; this will keep happening.
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Part of my reason for the 35% of the club owned by the fans is to generate and save money through a full and frank understanding of how the clubs is run. If we had 2 or more fans on the board that were voted in each year by the fans then the level of understaning and help that could be provided would only increase. If the club has 1000 fans as share holders that may mean 1000 good ideas fed straight into the club at board level. Its not just about 1000 x £100 for the shares, its about helping the club before its too late and providing a frame work for true open discussion. Most companies spend vast sums of money trying to find out what their customers want, we would have that information and whats more as share holders we would have a say.
Is that so bad?
A new share option must take place this summer and be open to all
Stephen Lowe