Wanderers fans are encouraged to commit to the share offer during a special week aimed at promoting supporter ownership in football.Wycombe Wanderers Trust launched its share offer last month, giving fans the opportunity to buy shares to help raise much-needed working capital so that the club can achieve survival, stability and success under fan-ownership.
Next week, Supporters Direct are launching a period of activity to promote its work in converting clubs into fan-owned models like the one at Adams Park, and therefore it’s an opportune time to invest in the share offer, which is an Enterprise Investment Scheme offering tax relief of up to 30% on your investment at the end of the tax year. There is the possibility of earning interest payments and/or receiving your money back should the club achieve a sufficient level of success.
Contributors must be members of Wycombe Wanderers Trust, which costs just £10 per season (or £5 for concessions), and shares of £1 will be issued at a minimum investment of £100 and a maximum of £100,000.
The objectives of the share offer are as follows:
- To provide working capital to refinance the club by generating investments of £2m+ over five years
- To provide resources to improve the profitability of the club
- To improve the attraction of Adams Park as an event venue
- To widen the community ownership of the club
To pledge your support to the share offer, you can contribute a one-off payment, or spread instalments either monthly or annually.
Pick up a copy of the information booklet around the ground or visit wycombewandererstrust.com for more details and to download the application form.
Email firstname.lastname@example.org with any questions you may have.
James Mathie, Club Development Manager for Supporters Direct, said: ““The good news is that supporter ownership of clubs is really building up a head of steam. We owe a lot of that to the 40 clubs that are inspiring the next wave to come through.
“At the moment we are at various stages of exploring and securing this ownership model for 10 clubs, and we want to do more to encourage this growth still further, and support those that make it, to help them really see the benefits of the model. What is great is that increasingly we are working with clubs that recognise the benefits and choose to become supporter owned, rather than it being a model of last resort”
The work of Supporters Direct has been essential in creating 40 supporter owned clubs in the U.K with each club set up on the principle of delivering community benefit before a ball is even kicked. The mutual model of ownership places a club at the heart of its community and it is hoped that this fund will help to grow the network of clubs and deliver a legacy for years to come.
The crowdfund is one element of a host of activity which will see online Q&As with key figures at supporter owned clubs including Julian Tagg, CEO at Exeter City and Spencer Harris Director at Wrexham FC. Supporters Direct will also be hosting a drop-in session at the National Football Museum and a special event focussing on “The Pompey Story” documenting the trials and tribulations of how Portsmouth’s fans saved their clubs from the brink of extinction.
If you want to help change the game and provide a sporting future for a community under supporter ownership in the U.K you can donate to the Crowdfunder campaign by going to https://www.crowdfunder.co.uk/supporter-ownership-week.