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Old 22nd April 2019, 08.17:52   #91-0 (permalink)
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Default Re: Trust Board Vacancies

Quote:
Originally Posted by Alan Attack View Post
Raising a bond is one thing. Raising actual capital is something entirely different. 99% of supporters are happy enough (or can only afford) to pay for admission and not tens of thousands owning a fraction of the club.

It wouldn’t have gone down well in my household if I’d said was going to get a loan for (say) 50k to help buy Wrexham. I might’ve been sitting pretty with the student flats but that’s not the point.
We've got a core of around 5k of very loyal supports, selling shares at 100 each raises half a million. Also absolutely no guarantees that bond would ever be payed back either.

'Proper fans' as some WST members put it would've remortgaged their homes anyway