Rushden & Diamonds Issue Fan Shares
http://www.thediamondsfc.com/page/NewsD ... 67,00.html
Stuart
(Stu, I've made this into a new thread because it's fairly big news and I reckon someone else will make one by accident anyway! ID)
Fan Shares For Sale
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Fan Shares For Sale
Last edited by The Godfather on Mon Mar 21, 2011 4:59 pm, edited 1 time in total.
"In Sicily, women are more dangerous than shotguns."
Re: Fan shares for sale
Does that mean the club (without assets at least in the short term) is valued at £5 Million ?
i.e 0.50 x 1,000,000 x (1/0.1)
It would have been nice to see a few terms and conditions to gauge the advantage over just making a series of 50p donations to the cause. I've googled "Special B Shares" without a great deal of luck in finding a clear definition of the term.
i.e 0.50 x 1,000,000 x (1/0.1)
It would have been nice to see a few terms and conditions to gauge the advantage over just making a series of 50p donations to the cause. I've googled "Special B Shares" without a great deal of luck in finding a clear definition of the term.
Last edited by Formic on Mon Mar 21, 2011 5:01 pm, edited 2 times in total.
Re: Fan shares for sale
Excellent stuff.
The club really have to push these in the local community. I can't think of any business in Rushden/Irthlingborough etc that wouldn't want to be able to say they own a few shares (however insignificant overall) in the local team.
This could be a nice little money-spinner if it's marketed right. I'll definitely be buying a few, as I hope a lot of us will be too, but it's in the greater community where we might make a bit of money from this.
Nice to see the new owners getting to work on a plan already, let's hope they have a few more up their sleeves.
The club really have to push these in the local community. I can't think of any business in Rushden/Irthlingborough etc that wouldn't want to be able to say they own a few shares (however insignificant overall) in the local team.
This could be a nice little money-spinner if it's marketed right. I'll definitely be buying a few, as I hope a lot of us will be too, but it's in the greater community where we might make a bit of money from this.
Nice to see the new owners getting to work on a plan already, let's hope they have a few more up their sleeves.
RUSHDEN and DIAMONDS
Re: Fan shares for sale
I notice these are "B" shares thus presumably actually worth nothing, with the owner having no say (voting rights) in the running of the club?
Why not sell a real stake in the club with a fan's director appointed to the board?
I'll take some convincing to part with any cash for this.
Why not sell a real stake in the club with a fan's director appointed to the board?
I'll take some convincing to part with any cash for this.
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Re: Fan Shares For Sale
Just brought mine stuck with the £10 as I am not entirly sure about the future of the club at the minute so I didn't see the point in putting in any more.
FuriousHoon / Ollie
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Re: Fan shares for sale
found this on a website:nsman wrote:I notice these are "B" shares thus presumably actually worth nothing, with the owner having no say (voting rights) in the running of the club?
Why not sell a real stake in the club with a fan's director appointed to the board?
I'll take some convincing to part with any cash for this.
The B shares are almost identical to a trust's ordinary or A shares: they share the same portfolio, have the same net asset value (NAV) per share, and receive payouts at the same time as, and in an equal amount to, each net dividend paid.
Their attraction is that the payout comes as a capital distribution instead of a dividend.
As a result, whereas dividends on A or ordinary shares may be liable to higher-rate tax if they are not sheltered in an individual savings account or pension, capital distributions on B shares are treated as 'small capital receipts' for tax purposes, so are free from immediate tax and may not need to be included in tax returns
FuriousHoon / Ollie
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Re: Fan Shares For Sale
If you pay a tenner, and we somehow manage to make a big profit next year (by drawing Man utd away (winning) and then playing chelsea away) do we get a shareholders payout? :lol: ;)
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Re: Fan Shares For Sale
It will certainly increase the value of your shareOundle Diamond #2 wrote:If you pay a tenner, and we somehow manage to make a big profit next year (by drawing Man utd away (winning) and then playing chelsea away) do we get a shareholders payout? :lol: ;)
FuriousHoon / Ollie
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Re: Fan Shares For Sale
Take them to the club shop/ post them or do as i did and ring them up only takes 5 minutes .nick_RDFC wrote:These downloadable forms do we take them to the club shop or?
FuriousHoon / Ollie