Soldato
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- 13 Oct 2006
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- 8,152
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- Surrey
So what do people think of this? Good idea or gimmick? Anyone going to/have already signed up?
Arsenal fans in here - Fanshare
- Thread starter thecremeegg
- Start date
Man of Honour
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- 15 Mar 2004
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- Liverpool
Heard of it, I think it's a way to increase fan influence on how the club's run. Several European clubs have already done this for many years, but not many English ones. Apparently the only one here is Exeter City.
I'm happy either way. I still maintain that a rich sugar daddy isn't a bad thing provided it's the Chelsea/Man City model, not the way that United or Liverpool's has gone.
I'm happy either way. I still maintain that a rich sugar daddy isn't a bad thing provided it's the Chelsea/Man City model, not the way that United or Liverpool's has gone.
Soldato
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- 25 May 2003
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- Limehouse
Don't think it's going to change things much if at all but I might chip in a tenner a month at some point.
I think it's interesting, although I would have thought that if a takeover did occur, wouldn't the fanshare shareholders be the ones most likely to be out of pocket?
Of course if you treat it as an opportunity to get involved as opposed to making an investment, then this probably wouldn't be an issue.
Of course if you treat it as an opportunity to get involved as opposed to making an investment, then this probably wouldn't be an issue.
I've already signed up for this, monthly payment of £15. Probably raise that later in the year.
Its not an investment to me, its about being involved in my club. I know someone that owns 1 full share and have always thought that would be good, but not at £9,500
I think anyone looking at this as an investment would do better to look elsewhere.
Its not an investment to me, its about being involved in my club. I know someone that owns 1 full share and have always thought that would be good, but not at £9,500
I think anyone looking at this as an investment would do better to look elsewhere.
Caporegime
- Joined
- 12 Mar 2009
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- 26,776
It's a nice idea for the fans to have their say in the way that the club should be run. Obviously we will never have any massive power but it's nice to know that we can be more involved and more in the loop than we are now.
Man of Honour
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Since it's Arsenal, those where my initial thoughts. Never afraid to milk as much money from the fans as possible.
Caporegime
- Joined
- 18 Oct 2002
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- 33,188
Yes and no, not quite sure, potentially, for a fairly small administration fee you can eventually own a full share. Its almost a 2% fee to put a single share on lay away for x amount of time. Buy 1/100th of a share over time, maybe 10 years, maybe 40, and own part of your club, its not a terrible idea and afaik Arsenal don't make a dime out of it.
ANother company makes money, I assume on trading/investing your cash before payments are made.
If you pay in £20 a month, you won't get a fanshare(1/100th of a full share, at the mo about 9.5k so £95 a "fanshare") for 5 months, and in that time I assume this company uses your £20 a month to trade stocks and do general banky things, when 100 people have enough for a fanshare each the company takes your money out of making interest/being invested and buys you a share.
WHen you have one fanshare you can apply to attend the AGM, I assume basically they'll jot up the total number of real shares, call it 100, with say 10k members and pull out 100 names of anyone who wants to go and they get to go along to the AGM. Voting, not sure how its done. Might be done online, any votes being called you get an e-mail, log on, say its 10k members, 100 shares, 100 votes, take votes on the 10k, if 9000 vote yes, 1000 vote no, then the votes will be applied as 90 for yes and 10 for now? Not quite sure and doesn't seem to say on the website at a quick glance.
Arsenal support this, because it gets more fans as owners as non fans have very little reason to invest very little a month to eventually get a proper share. The company doing it charge 2%, so £100 invested goes £98 into your account with them of which every 95 would get you a fanshare, and anything else they do in the meantime with your cash. But the company are just buying existing shares, Arsenal themselves aren't creating more shares just to sell to fans, so if Arsenal have a million shares at 9.5k now, they still will in 20 years, its just more fans might own some of the ones out there.
THere is an issue that not many are easily sold these days as the major shareholders keep control of a large number of them, would suck if you wanted a full share, got to 99 "fanshares" then the company literally can't buy any more shares.
Its a better idea than I initially thought, and does help fans who don't have 9.5k to buy a full share get involved, have a chance to go to meetings and partake in votes before they can afford a full share.
Overall, probably not bad, but a couple potential big downsides if the company really can't find enough shares years down the line.
ANother company makes money, I assume on trading/investing your cash before payments are made.
If you pay in £20 a month, you won't get a fanshare(1/100th of a full share, at the mo about 9.5k so £95 a "fanshare") for 5 months, and in that time I assume this company uses your £20 a month to trade stocks and do general banky things, when 100 people have enough for a fanshare each the company takes your money out of making interest/being invested and buys you a share.
WHen you have one fanshare you can apply to attend the AGM, I assume basically they'll jot up the total number of real shares, call it 100, with say 10k members and pull out 100 names of anyone who wants to go and they get to go along to the AGM. Voting, not sure how its done. Might be done online, any votes being called you get an e-mail, log on, say its 10k members, 100 shares, 100 votes, take votes on the 10k, if 9000 vote yes, 1000 vote no, then the votes will be applied as 90 for yes and 10 for now? Not quite sure and doesn't seem to say on the website at a quick glance.
Arsenal support this, because it gets more fans as owners as non fans have very little reason to invest very little a month to eventually get a proper share. The company doing it charge 2%, so £100 invested goes £98 into your account with them of which every 95 would get you a fanshare, and anything else they do in the meantime with your cash. But the company are just buying existing shares, Arsenal themselves aren't creating more shares just to sell to fans, so if Arsenal have a million shares at 9.5k now, they still will in 20 years, its just more fans might own some of the ones out there.
THere is an issue that not many are easily sold these days as the major shareholders keep control of a large number of them, would suck if you wanted a full share, got to 99 "fanshares" then the company literally can't buy any more shares.
Its a better idea than I initially thought, and does help fans who don't have 9.5k to buy a full share get involved, have a chance to go to meetings and partake in votes before they can afford a full share.
Overall, probably not bad, but a couple potential big downsides if the company really can't find enough shares years down the line.
They claim to have done research to show there are enough shares around to meet fanshare demand, in fact they reckon they often get approached by existing shareholders who want to sell to Arsenal fans rather than on the open market. They are also in discussions with the four major shareholders to ensure there is a ready supply.
I can't really see any downsides to it to be honest. The only thing to be wary of is that there is a £50 charge to leave the scheme, add that to the £20 to join and the 2% admin fee and you would be out of pocket if you left in the short term. But I would have thought most fans would be in for the long run anyway, I know I am.
As already stated, Arsenal are not going to generate any revenue from this scheme. Its all run by the Arsenal Supporters Trust.
I can't really see any downsides to it to be honest. The only thing to be wary of is that there is a £50 charge to leave the scheme, add that to the £20 to join and the 2% admin fee and you would be out of pocket if you left in the short term. But I would have thought most fans would be in for the long run anyway, I know I am.
As already stated, Arsenal are not going to generate any revenue from this scheme. Its all run by the Arsenal Supporters Trust.
Caporegime
- Joined
- 18 Oct 2002
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- 33,188
TO be fair the first reply I was typing was agreeing with them and mentioning season ticket prices vs Chelsea/Utd as a reason why Arsenal seem to rip us off pretty badly as fans. But as I read up on it, it was clearly very different.
To be honest, as the debt decreases and profits increase I really want to see one of two things, Arsenal fans getting value for money and the club buying some great players to replace the crap, or season ticket prices, and normal ticket prices to fall more in line with Chelsea/Spurs/Utd/Pool, maybe if enough fans get shares and get invovled in votes and get to speak at the AGM, that could potentially happen.
To be honest, as the debt decreases and profits increase I really want to see one of two things, Arsenal fans getting value for money and the club buying some great players to replace the crap, or season ticket prices, and normal ticket prices to fall more in line with Chelsea/Spurs/Utd/Pool, maybe if enough fans get shares and get invovled in votes and get to speak at the AGM, that could potentially happen.
I don't think we'll see any massively increased investment in players while Wenger is there. Even if someone new arrives in 3+ years, unless either Kroenke or Usimov has taken over, I can't see that changing.
Agreed on season ticket prices though. Think my dad's was around £1,200 this year, he's even started charging me for when I use it
Agreed on season ticket prices though. Think my dad's was around £1,200 this year, he's even started charging me for when I use it