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Enfield Town news

Post  MTSC (PVM branch) on Fri Jun 06, 2014 4:16 am

Enfield Town Launch Community Share Offer


Enfield Town Football Club have launched a Community Share issue, to help enable the club to achieve its vision of being an inclusive club for all and a social centre for the community, with a range of teams playing at the highest sustainable levels possible.

In November 2011 the club moved into the refurbished athletics stadium in Donkey Lane, won promotion to the Ryman Premier Division the following year, and has done well to stay in that division, attracting crowds around the 350 mark, on limited budgets. In order to progress both on and off the field, the club feel now is the right time to seek to raise capital to help ensure a firmer financial footing going forward.

Nick de Bois, MP for Enfield North, said “Enfield Town FC has a distinguished history with the Borough and most notably is the first football club to be owned by its members. It also plays a vital role in developing our youngsters’ energy and enthusiasm for sport. I hope our community will take the opportunity to help Enfield Town FC grow and prosper by supporting this venture”.

Community Share schemes have been successful for other clubs throughout the pyramid.

It’s the same model that helped Portsmouth FC supporters take control of their club, Supporter Owned Wrexham build a new shop and offices at the Racecourse Ground, and outside of sport, more than 300 pubs and small shops which are now owned by their customers.

The guidance below explains in more detail what community shares are, how they fit and what the benefits are over other finance raising options. It also gives practical advice on the steps required to buy a club using community shares and engage with the community to get the best out of an offer.
- See more at: http://www.supporters-direct.org/news-article/enfield-town-launch-community-share-offer#sthash.lHZYjQoV.dpuf

MTSC (PVM branch)

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