We would like to update our existing members and new members on why the chosen model of 51/49 based on the German League System is of benefit to Gigg Lane and YOUR community stadium.
100% fan owned clubs have limited ability to raise capital. Without the initial capital we couldn’t have accessed the government match funding to buy the stadium.
Without capital you can’t build a new stadium or buy an existing one to use.
Reinvested profits will take decades to generate the capital required to complete the above.
As a business you’re entirely reliant on grant handouts and to access multi-millions with all the town’s competing economic priorities is exceptionally difficult.
Bury Football Club Supporters’ Society who own the stadium with 51% means that as long as you are a member, you own part of the community stadium of the borough of Bury.
How do you stop the 49% buying the majority of the shares?
How does the Business model show this?
The members of Bury Football Club Supporters Society would have to vote to sell as a whole on block. BFCSS ownership can not be subdivided. We can’t think why the members would ever vote for that hence the BFCSS owned portion is secure forever.
As a company limited by guarantee the BFCSS would have to opt to sell its membership.
The benefactors have zero desire for this and zero ability to do it.
The supporters society will also be in control of the Community stadium.
Why not own part of your community stadium and have your say by joining here:
