skybluejelly
Well-Known Member
well I hope you are not doing the accounts if we are fan owned ...£2000000 divided by 2500 equals £800.each .......we would raise £125,000,000 @£50,000Ikeep hearing about fan ownership but I just think that people haven't thought it through. The problem is that it's not a couple of thousand fans paying £20 a year.
Either we need some millionaire backers who will fund the losses or we expect let's say 2.5k members which is optimistic given trust membership which is £1 full stop.
The club loses £2m per year (no, we are not sustainable) so that means each member has to provide 50k PER YEAR to keep us going. As we lose so much cash we'd need 100,000 people putting in £20 a year. Dream on.
Let's face it; we need people with deep pockets. Joy has deep pockets herself but seems her arms are shrinking.