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Old 01-03-2010, 12:50   #3
Doug
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Re: Ownership of the club(share issue)

I now see what your getting at Stephen; at first I was under the impression of a maximum holding of 35% for individuals or groups; If we are talking about a supporters trust holding 35% regardless of a future owner holding a majority share it become much more understandable and acceptable to the way I feel.

The negative I was holding on to was a maximum holding of 35% irrespective; this to me meant no one body in overall control and no major investor.

I think people would agree that myself and other people have voiced a wish for a permanent forum made up of representatives from the club, local business partnerships, the fans and HBC and community groups with one major aim; too promote the Name of ASFC and the greater Township of Accrington (Hyndburn) and attract funding and investment. Should this not be a starting point to real change?

Stephen, how does the trust envisage rising the cost of purchasing 35%, what realistically does it need to raise and what add on cost are there. This is in terms of purchasing the shares.
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