[Doug]

[quote=loweiy;792890]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, I do see your point and it is a good idea in view of understand and managing the financial aspects of the club and for generating ideas; but I stumble with the possible financial implications; Once you issue shares and sell them all your income from that source of capital dries up, if we where wise and invested that money it would have a limited annual benefit from interest after that your then only left with gate receipts, sponsorship and fund raising from the fan base to raise further capital and we saw what limitations fund raising had during the SOS drive for survival. Who is going to invest long term, a single wealthy owner or a collective with financial means would see the club through a crisis; if it was left to the fans alone we would struggle. That's the way I see it; if I'm wrong please show me how it would work.

I agree about a share issue taking place but give me time to get some money together.