Myfootballclub.co.uk

[markwales]

www.myfootballclub.co.uk

Has anyone signed up for this?

Seems an interesting idea, but not sure how long it'll last!!

I've signed up, will wait for the email asking for my £35, and then read the T&C's VERY VERY closely before I commit to anything.

[presto]

i think it's a fantastic idea, though the financial structure is something that i just can't see working. out of the 50,000 registered users (if they get that many) i reckon about only 50% will bother paying fees, especially if they chose to buy a club that they don't care for.
the 1 share per person i think should also be increased, as if they increase it it would mean that much less people would be needed, and say selling 100 shares to 1 person wouldn't give them the monopoly that the club want to avoid but give the individual (more affluent / dedicated fan / company etc... ) a much bigger involvement.

having said that - if this thing looks like it's working - i may give it a go, it's cheap and sound's fun - hope they buy Accrington :)

[TheOldhamWhisper]

So, they are going to find a club with the potential to reach the premiership that has 'manageable' debts and is 'for sale' at £2.8m or less??

Good Luck with that then - I'll keep my £35 and maybe buy a nice piece of moon real estate perhaps...

I wonder how many of the potential buyers have actually thought this through?

[Mattw07]

I joined it a while back when it had about 25,000 people signed up, then forgot about it till this post, i didnt think it through..

[sparkyminer]

Mansfield Town FC is for sale.:)

[markwales]

So, they are going to find a club with the potential to reach the premiership that has 'manageable' debts and is 'for sale' at £2.8m or less??

Good Luck with that then - I'll keep my £35 and maybe buy a nice piece of moon real estate perhaps...

I wonder how many of the potential buyers have actually thought this through?


Its not meant to be seen as a purchase or an investment
. It's like joining a club for 12 months, call it a subscription if you wish. You pay your £35, the majority of which goes to the club, and you get to vote on certain things, and become a follower of the team.

I think it'll be a Conference North or South team they pick up - which will bring huge support to the team, and exposure to that league.

All in all a good idea for me - and not an investment, as nobody gets anything back as such.

[Win2Win]

It may be Arsenal :)

[TheOldhamWhisper]

For the sake of football clubs everywhere, I hope someone steps in before the 'purchase' can be made.

50,000 CM players trying to run a football club by proxy? That REALLY can't be good for any football club - no matter what division they play in!

I would also question the validity of the site as I read just 2 pages, the home page and the How It Works page, and I was given the distinct impression that £35 got 1 share in the 'Society' which in turn would own 51% of the football club. If the 'real deal' is hidden on other pages, I need to ask WHY?

[vegyjones]

I don't think the Football League will allow this purchase to hapen anyway.

Remember, that since the Brighton incident, people who buy football clubs have to meet certain criteria.

[TheOldhamWhisper]

I don't think the Football League will allow this purchase to hapen anyway.

Remember, that since the Brighton incident, people who buy football clubs have to meet certain criteria.

I wonder if the decision will be made before or after £1.4m is in the site owners' hands. :ooo

[glynners]

I signed up to it out of interest but I have deep concerns about handing money over when it comes round.

I saw the guy on tv a couple of days after signing up and he seemed abit of a dell boy. Anyone can setup a internet site asking for money.

I just can't see it working, how a club can have a faceless manager etc i dont know.

Also, it would that theres no way of making money back on it if it does work, i.e the club gets to the football league / premiership and is sold for big bucks, the only person that makes anything will be the chap that set it up.

[patch]

Mansfield Town FC is for sale.:)

Sparky ,will they want to see Uncle Keiths creative accounting......sorry the books.

More chance of Shergar turning up ridden by Lord Lucan than Uncle Keith encouraging genuine bids

[vegyjones]

Right, so are any of the fellas who signed up actually going to open their wallets and release the mothballs that have gathered! :D

Halifax Town have approached the organisers after being issued with a winding up order unless they can find £100,000

SO now we will see how many of the people who have pledged money are just willing to part with it to save a club with little ambition or potential wholst already being in debt!

[Mattw07]

Good timing Vegy i got an email from them this morning, which says they have so far raised £500,000. 1.4 mil is the target.

[vegyjones]

http://news.bbc.co.uk/sport1/hi/football/teams/h/halifax_town/6975489.stm

here's the link everyone!

If anyone does decide to honour their pledge, keep us informed won't you? :)

You tempted Matt?

[glynners]

I threw my £35 pound into this about 6 weeks ago.

I'm unsure how it works, I dont think I'll get anything back from it, I cant see really see it working but i've paid and I'll part own Halifax soon it would seem

:headbange

:doh

[vegyjones]

:laugh

Negative points

Halifax Town are rubbbish

Will probably still go bust even with a cash injection! :D

Good points

While still alive, you can have a seat in the directors box,

Sub negative point

Unless the other 25000 owners turn up! :laugh

[TheOldhamWhisper]

I fail to see where a club that is subject to a winding up order can be considered to have 'manageable debts'. I seriously question the bit about realistic Premiership ambitions too! Also, it was supposed to be subject to a member's vote??

Is it just coincidence that it only NOW says the truth - £7.50 per £35 membership goes to 'administration fees? That's £375,000 to 'project manage' this little venture.

I think it is a win/win situation - for the people who thought up the idea and a NO WIN situation for anyone else involved.

[Mug OUFC]

I wonder if all 80 fans they brought to oxford on saturday are happy about this :yikes:

[abby]

There is now another outfit doing a similar thing - and they reckon they will get 40,000 "members" signed up by the end of the season.

www.thepeoplesclub.com (http://www.thepeoplesclub.com) to find out more

Power to the people !

[TheOldhamWhisper]

...they reckon they will get 40,000 "members" signed up by the end of the season.

So, at the lowest package it works out at £160,000 (less say £5k tops for the website) for the 'organisers' - not bad work if you can get it. :ooo