TrustEverton.com

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To clarify, they want fans to "chip in" to purchase Finch Farm?

...to secure it yes. I cant think of other fixed assets apart from the club's ground, which is already securitized...by some bank asking interest payments until the year 2027 or some ridiculous date.

I can see the beauty of an equity seat right scheme to boost stadium building and reward someone for putting their cash forward. I'm not sure too many will leap at the chance to take part in a completely selfless act like forwarding cash to save the club paying interest...interest any club should be able to cover with revenue growth.
 

...to secure it yes. I cant think of other fixed assets apart from the club's ground, which is already securitized...by some bank asking interest payments until the year 2027 or some ridiculous date.

I can see the beauty of an equity seat right scheme to boost stadium building and reward someone for putting their cash forward. I'm not sure too many will leap at the chance to take part in a completely selfless act like forwarding cash to save the club paying interest...interest any club should be able to cover with revenue growth.


Add another 30 years to that date, 2057 I do believe it is.
 
The thing is though, it wouldnt be a completely selfless act, as if they follow the Crystal Palace model (which works, as do lots of others too) it could be used as an investment, as fans would get all their money back over time, through the club paying their £8m a year rental fee of Finch Farm through the Trust, the new owners and landlords. This is the Crystal Palace model that their fans paid into:

Financing the project
Initial work was carried out to determine how the project could be funded. The bulk of the investment will come from a mix of these sources:

Loan Notes where people loan the Trust money in multiples of £500, knowing that the loan is for an unspecified period, and that they may receive interest in the region of 3%, which would be generated by the rent charged to the football club

Major donor investment where wealthier fans of the club would contribute a larger sum, and would, as with the loan notes and community shares, receive a return on their investment. This is a varient of the loan note scheme, but targeted at a smaller group of people and companies, for example club sponsors, executive box holders etc.

Regular giving for fans who can’t provide £500 up front, but want to be part of the scheme, where they can give a regular amount each month by direct debit, with the possibility of their donations being converted into a loan note / community share once it reaches £500.

General fundraising including a comedy night / dinner, etc, to raise funds for specific elements of the project, for example to build a state of the art academy facility within the training ground.

Other forms of financing primarily a short-term measure in the event that a suitable site is identified which is currently on the market.
 
Can't see the point, with Kenwright in charge any monies the club get will be to the bank or his broadway productions.

And even if they bought it and handled it to Everton we STILL wouldn't have any money for players and such.
 

4) By a fans trust owning the assets, rather than propping up a dying regime, it will actually give the Fans Trust a greater say in how the club is run, and hold the club far more accountable than they are now.

It should be the shareholders who hold 32% of the club who should be doing that job, but they don't.

So let's have an independent trust owning some of the assets. It will definitely force the club to communicate more about what's going on, as the Trust will hold all the purse strings - literally and figuratively.

The answer isn't to just poo-poo this and keep hoping for a Sheik whilst selling our best players and trying to win an unwinnable PR battle by shouting at an aloof owner through a fence.

This is an excellent move and one which should be supported by all EFC fans imo. Purchasing Finch Farm would be a great start in getting the ball rolling to greater fan ownership of our club. Of course it will be difficult and will take time, but there is no reason why this cannot happen. EFC has lots of fans, many who can't get to games but support the club nonetheless, who have enough disposable income together with those that have more limited means to make this happen. This is a real positive move and it just needs pushing...
 
This is an excellent move and one which should be supported by all EFC fans imo. Purchasing Finch Farm would be a great start in getting the ball rolling to greater fan ownership of our club. Of course it will be difficult and will take time, but there is no reason why this cannot happen. EFC has lots of fans, many who can't get to games but support the club nonetheless, who have enough disposable income together with those that have more limited means to make this happen. This is a real positive move and it just needs pushing...

This. Seeing as I live in Aus, I obviously can't get to games and won't buy season tickets etc. However, I would be more than happy dishing out some money knowing that it is really going towards securing the future of the club and alleviating the financial strain, as little as it may be. I fecking love this club to death, and it is killing me watching it crumble, if this is what it would come to, than I'd be for it.
 
Can't see the point, with Kenwright in charge any monies the club get will be to the bank or his broadway productions.

And even if they bought it and handled it to Everton we STILL wouldn't have any money for players and such.


Judging by your post I take it you haven't read the website, and have no idea what it's about...
 

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