Supporters of fan-owned, co-operative football club FC United of Manchester are celebrating after raising just over £2m from a community share issue to help fund its new football ground and community sports facility in Moston, north Manchester.
FC United’s original target when it launched the share scheme in November 2010 was £750,000 but they were so successful that the target amount was revised twice up to its current figure of £2m. This amount has been raised from 1,522 people with most investing £500 or less. The club’s success with the community share scheme has enabled a further £3m of other grant funding to be unlocked which has been used to meet the £6.3m cost of their new ground and community facility.
Read the full story here.
In other news from Supporters Direct, it has announced that Supporter Ownership Week, is to take place from the 11 to the 18 of April 2015.
SD has worked alongside supporters for the last 15 years to make the dream of supporter ownership possible, and the week is about celebrating the people who’ve done it, and the people who have taken or are taking the journey.
The week begins on the 11th April, when a host of supporter owned clubs play their regular fixtures at home. There will be a series of events across the country and online across the week, with more set to be announced. There will also be a crowdfunding campaign to be launched on the 27th March, in an attempt to raise money for SD to provide more support for supporter ownership in the future.
Read more here.