Leaders
Dallmeier

Business Directory

Browse the Directory

Sign Up to the Directory

FC Business Twitter
FC business Linked in
FC Business facebook
FC Business Youtube

Arsenal offer supporters a stake in the club

Thu 19th Aug 2010 | Clubs Ownership

English Arsenal supporters have won the backing of the club's four major shareholders for a groundbreaking new scheme that would follow the Spanish Barcelona model of enhanced fan ownership.

The support for 'Arsenal Fanshare’ from Stan Kroenke, Alisher Usmanov, Danny Fiszman and Lady Bracewell-Smith, who between them own almost 88 percent of the shares, is particularly significant as it strongly suggests that no takeover is imminent.

Supporters will be able to sign up to the scheme online, where they will get the opportunity to purchase "fanshares" at one hundredth of the price of those in Arsenal Holdings Plc – around GBP 95. Anyone eventually purchasing 100 will have their status converted to receive full voting rights for one share. The AST collectively speak for approximately 3 per cent of the club's overall equity.

AST spokesperson Tim Payton said: "Arsenal Fanshare has been established to increase supporter ownership and representation. The AST recently surveyed its membership on their preferred ownership structure – 90 per cent of members rate maintaining the club's custodianship and protecting the long-term future the most important priority.

"There is little support for the club being taken private, with 84 per cent preferring Arsenal's ownership model to be one which includes supporter representation.

"The AST welcomes the support the board and chief executive Ivan Gazidis have given the scheme. The support Arsenal Fanshare has from all of the club's major shareholders should allow all talk of a takeover to be put to one side. We urge all Arsenal fans to take this opportunity and get involved – by working together we can make Arsenal even stronger."

 

 

 

 

If you have any football business related news stories you’d like to share then please contact us – agourley@fcbusiness.co.uk or ryan@fcbusiness.co.uk

Add to: Google Google | Yahoo Yahoo | Live Live | del.icio.us del.icio | Digg Digg |

Related Articles

Altrincham FC Seek New Investment

Thu 13th Jul 2017 | Clubs Ownership

At a recent Extraordinary General Meeting, the shareholders of Altrincham Football Club passed a series of motions which will now allow the club to bring in new investors. A new controlling share in...

Hartlepool United Announced Club Restructure

Wed 28th Jun 2017 | Clubs Ownership

Hartlepool United Chairman, Pam Duxbury has announced the first phase of the club’s restructure following relegation to the National League and subsequent resignation of Gary Coxall. Coxall...

Chinese company 5USport buy stake in Northampton Town

Mon 26th Jun 2017 | Clubs Ownership

Northampton Town Football Club have announced a new partnership with 5USport, a Sports Development and Education Company based in Guangzhou, China. As part of this partnership and following approval...

Leyton Orient purchased by business consortium headed by Nigel Travis, a life-long fan of the club

Fri 23rd Jun 2017 | Clubs Ownership

Leyton Orient Football Club has announced that it has been purchased by a business consortium Eagle Investments 2017 Limited, headed by British-born Nigel Travis, 67, the Chairman and CEO of Dunkin'...