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General Category => Altrincham FC First Team => Topic started by: TheCultOfIanTunnacliffe on August 17, 2022, 01:34:04 PM
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I notice that the following latest fundraising scheme was announced via the club's website yesterday:
https://altrinchamfc.com/blogs/news/alty-for-all-new-crowdfunding-campaign-gives-fans-an-opportunity-to-join-the-journey
I believe that this new scheme is the brainwave of our American and Canadian directors?
I presume that it's a revised incarnation of the proposal at last year's AGM by which the club's current shareholders were asked to vote for an issue of 'B' shares to up to 100 interested parties, each of whom would buy shares to the value of £7,5k, thereby yielding a pot of £750k to fund the transition to full-time football?
Those investors would then be rewarded with a dividend of sorts 'when' the club achieved promotion to the Football League, all of which seems rather disrespectful to the club's exisiting shareholders (but that factor probably isn't on our colonial friends' radar).
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As a shareholder myself, I am concerned the club has bitten off more than it can chew.
This is a strange initiative after so many other schemes recently.
I would like to think the club would issue a statement that takes the concern away.
I wouldn’t want us sharing the same league as Macc.
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I wouldn’t want us sharing the same league as Macc.
Worst case scenario : if we were to suffer consecutive relegations again, while the sheep botherers got promoted twice, the problem wouldn't arise, as they'd pass us on their way up.
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It is far from strange to raise capital via crowdsourcing platforms, least alone Seedrs which is one of the two best in my experience.
Why does it matter who/where the idea came from? It's smart and opens us up to awareness and new audiences (do I need to dig out the hundreds of mentions on here at the lack of investment over the past 20 years?).
Want to get in on the dividend for met targets? Why not increase your shareholding via this scheme? Varied offering promotions are regular in our society... What free phone can you get with your new contract today compared to 6 months ago?
Want a statement on the statement about the coming launch statement? You're too crazy for words in that case.
I heard Ashton United have a ground that is near to falling apart and a nice red and white kit to cheer on, not to mention a bar that serves hand pulled cask ale. Zero sign of a fan zone and absolutely no ambition to be the best team in their town nevermind their council borough. Up the Robins.
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I despise the word crowdfunding, ever since ever dick tom and harry project comes around.
This is an investment round; of which I expect there many have already been a few, and expect more to come, which is normal.
I think if it was worded as investment opportunity, Fans below in this thread may be thinking a lot more possitivly.
Anyway, up the EFL Robins, I said to Bill the day he joined the board, the sooner we accept we're going to be an EFL club, the sooner it'll happen.
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It is far from strange to raise capital via crowdsourcing platforms, least alone Seedrs which is one of the two best in my experience.
Why does it matter who/where the idea came from? It's smart and opens us up to awareness and new audiences (do I need to dig out the hundreds of mentions on here at the lack of investment over the past 20 years?).
Want to get in on the dividend for met targets? Why not increase your shareholding via this scheme? Varied offering promotions are regular in our society... What free phone can you get with your new contract today compared to 6 months ago?
Want a statement on the statement about the coming launch statement? You're too crazy for words in that case.
I heard Ashton United have a ground that is near to falling apart and a nice red and white kit to cheer on, not to mention a bar that serves hand pulled cask ale. Zero sign of a fan zone and absolutely no ambition to be the best team in their town nevermind their council borough. Up the Robins.
I thought United had one of the best fan zones I've seen, they just don't call it that. And do stop sniping.
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I’ve heard of another fundraising initiative due to be implemented shortly. This will involve the installation of carousels on the ground side of the turnstiles. Then, once you’ve been frisked by the stewards, anyone found to have cash in their pockets will be allowed through the turnstiles and strapped into the carousel. When the carousel is rotated vertically any money that falls out of your pocket, wallet or handbag will disappear down a chute to a vault labelled “For the benefit of Altrincham FC”, under Dawn’s cabin.
At the same time the club shop will be selling framed photographs showing the many ways you can milk the same cow. The cow will be on its knees.
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I thought United had one of the best fan zones I've seen, they just don't call it that. And do stop sniping.
Hey Hugh, great to hear from you. I'm still awaiting your response to several questions in the off topic forum.
As far as taking advice from yourself, I think hell will freeze over before that is a wise idea.
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It is far from strange to raise capital via crowdsourcing platforms, least alone Seedrs which is one of the two best in my experience.
Why does it matter who/where the idea came from? It's smart and opens us up to awareness and new audiences (do I need to dig out the hundreds of mentions on here at the lack of investment over the past 20 years?).
Want to get in on the dividend for met targets? Why not increase your shareholding via this scheme? Varied offering promotions are regular in our society... What free phone can you get with your new contract today compared to 6 months ago?
Want a statement on the statement about the coming launch statement? You're too crazy for words in that case.
I heard Ashton United have a ground that is near to falling apart and a nice red and white kit to cheer on, not to mention a bar that serves hand pulled cask ale. Zero sign of a fan zone and absolutely no ambition to be the best team in their town nevermind their council borough. Up the Robins.
I thought United had one of the best fan zones I've seen, they just don't call it that. And do stop sniping.
What was the sniping? I thought the comment Amsterdam was referring too was doing the sniping?
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https://altrinchamfc.com/pages/seedrs-faq (https://altrinchamfc.com/pages/seedrs-faq)
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I thought United had one of the best fan zones I've seen, they just don't call it that. And do stop sniping.
Hey Hugh, great to hear from you. I'm still awaiting your response to several questions in the off topic forum.
As far as taking advice from yourself, I think hell will freeze over before that is a wise idea.
Not much point, you didn't seem to take on board a lot of what I did post. Anyway, I was only posting on the subject because it was having a serious impact on the club and its fans, which will hopefully no longer be the case.
Seriously though, why do you feel so strongly about this (and why do you keep sniping)? I would happily take advice from you if I thought it was good advice (and it may well be on some things), and I think it's a pity you seem to have such a bee in your bonnet about this (among other things).
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There's a new video.
Well put together.
https://altrinchamfc.com/blogs/news/seedrs-crowdfunding-investment
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I thought United had one of the best fan zones I've seen, they just don't call it that. And do stop sniping.
Hey Hugh, great to hear from you. I'm still awaiting your response to several questions in the off topic forum.
As far as taking advice from yourself, I think hell will freeze over before that is a wise idea.
Not much point, you didn't seem to take on board a lot of what I did post. Anyway, I was only posting on the subject because it was having a serious impact on the club and its fans, which will hopefully no longer be the case.
Seriously though, why do you feel so strongly about this (and why do you keep sniping)? I would happily take advice from you if I thought it was good advice (and it may well be on some things), and I think it's a pity you seem to have such a bee in your bonnet about this (among other things).
Hugh,
:-*(obligatory brackets)
Kind Regards
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Hugh v Amsterdam Alty sumo wrestling in a pub car park?
If we don’t do it Sky will. 😂😂😂
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Hugh v Amsterdam Alty sumo wrestling in a pub car park?
If we don’t do it Sky will. 😂😂😂
I'm strictly down for bikini mud wrestling only.
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Hugh v Amsterdam Alty sumo wrestling in a pub car park?
If we don’t do it Sky will. 😂😂😂
I'm strictly down for bikini mud wrestling only.
Ah, sumo, the politest sport in the world (one wrestler had a reputation as the bad boy of the sport after clenching his fists in celebration) and the one martial art I have had some sort of experience at. Be warned (!). :) (The Sky's the limit).
(You probably won't be surprised to learn that Bradford (Park Avenue), with their () and (traditional) non-league ambience (and old programmes on sale (I once bought a programme from their last FL season in 1969-70 there))! is (one of) my favourite away trips (and also the scene for (one of) my favourite Alty goals, a Valery Owen belter back in 2005). Altogether now: "Oh, Bandy Bandy - Bandy Bandy Bandy Bandy Peter Band (I may have imagined that last bit!)).
(I fear you may be out of luck for mud wrestling now they have fixed that corner of the pitch near the (old) gasworks (unless you can persuade them to include it in the fanzone!)).
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I see we've quickly reached the initial £300k fundraising target for this.
Well done to everyone involved.
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Quickly? I hadn't even seen the email that it had started before getting the one saying that the target has been reached!
I hope this bodes well.
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Makes me a little bit gutted it wasn't a larger raise, and also shows that the "No one wants to invest in a club like Altrincham" rhetoric was indeed such utter bollocks
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Makes me a little bit gutted it wasn't a larger raise, and also shows that the "No one wants to invest in a club like Altrincham" rhetoric was indeed such utter bollocks
In theory, if someone wanted more than 10%, they could contact the club through Seedrs, it promoted our availability.
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Can anybody actually state what this money is earmarked for. It would be nice to know for people who could / maybe want to make a donation
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Can anybody actually state what this money is earmarked for. It would be nice to know for people who could / maybe want to make a donation
It's says on Seedrs what the areas it's for. But ultimately youre investing for a share in thr club
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Can anybody actually state what this money is earmarked for. It would be nice to know for people who could / maybe want to make a donation
It's says on Seedrs what the areas it's for. But ultimately youre investing for a share in thr club
Personally, I wouldn’t want to donate for it to just go into a big pot for such things as players wages etc, if it was for a specific purpose then I would think about it.
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Can anybody actually state what this money is earmarked for. It would be nice to know for people who could / maybe want to make a donation
It's says on Seedrs what the areas it's for. But ultimately youre investing for a share in thr club
Personally, I wouldn’t want to donate for it to just go into a big pot for such things as players wages etc, if it was for a specific purpose then I would think about it.
From the Seedr's website
Now it's time to escalate things. We are planning on raising funds from supporters like you so we can accelerate our plans, improve the ground, add to the transfer budget, grow revenue streams, start a girl's academy, and nudge in alongside those bigger clubs who used to pick our pockets for players that aspired to more.
We do not intend on using the funds raised through Seedrs to pay off debts or taxes and we do not aim to use these funds for right-sizing wrong-sized balance sheets. This raise is solely about growing Altrincham FC. Every pound you contribute makes 'little Alty' a bigger, more competitive club.
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Can anybody actually state what this money is earmarked for. It would be nice to know for people who could / maybe want to make a donation
It's says on Seedrs what the areas it's for. But ultimately youre investing for a share in thr club
Personally, I wouldn’t want to donate for it to just go into a big pot for such things as players wages etc, if it was for a specific purpose then I would think about it.
From the Seedr's website
Now it's time to escalate things. We are planning on raising funds from supporters like you so we can accelerate our plans, improve the ground, add to the transfer budget, grow revenue streams, start a girl's academy, and nudge in alongside those bigger clubs who used to pick our pockets for players that aspired to more.
We do not intend on using the funds raised through Seedrs to pay off debts or taxes and we do not aim to use these funds for right-sizing wrong-sized balance sheets. This raise is solely about growing Altrincham FC. Every pound you contribute makes 'little Alty' a bigger, more competitive club.
Thanks for that.
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Makes me a little bit gutted it wasn't a larger raise, and also shows that the "No one wants to invest in a club like Altrincham" rhetoric was indeed such utter bollocks
Indeed. It shows there's an interest in a well-run club like Alty who do things the right way (though I must admit that such schemes go somewhat over my head).
Onwards and upwards.
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Makes me a little bit gutted it wasn't a larger raise, and also shows that the "No one wants to invest in a club like Altrincham" rhetoric was indeed such utter bollocks
Indeed. It shows there's an interest in a well-run club like Alty who do things the right way (though I must admit that such schemes go somewhat over my head).
Well they seem to have raised £300,000 successfully, so hopefully the funds will help a lot. Good initiative !!
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just looked at this investment scheme,its very complicated just to sign up,you have to correctlly answer 7 questions to do with general investing and i got 4 out of the 7 correct and was told i had failed,so i cannot invest in the clubWill spend some of my money on a book about The Manchester, South Junction and Altrincham Railway: v. 34 (Oakwood Library of Railway History)
Dixon, Frank
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just looked at this investment scheme,its very complicated just to sign up,you have to correctlly answer 7 questions to do with general investing and i got 4 out of the 7 correct and was told i had failed,so i cannot invest in the clubWill spend some of my money on a book about The Manchester, South Junction and Altrincham Railway: v. 34 (Oakwood Library of Railway History)
Dixon, Frank
Harold, if you got 4 right you must have been on the right lines but I don’t see how that book will enable you to keep track of the club’s progress. It could signal a diversification of your allegiances but it points to an interesting hobby. (I tried to fit Skelton Junction in but failed :-\)
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brilliant,NOn de
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just looked at this investment scheme,its very complicated just to sign up,you have to correctlly answer 7 questions to do with general investing and i got 4 out of the 7 correct and was told i had failed,so i cannot invest in the clubWill spend some of my money on a book about The Manchester, South Junction and Altrincham Railway: v. 34 (Oakwood Library of Railway History)
Dixon, Frank
I assume you've already got The Cheshire Lines by Nigel Dyckhoff - Skelton Junction is well featured in that one.
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just looked at this investment scheme,its very complicated just to sign up,you have to correctlly answer 7 questions to do with general investing and i got 4 out of the 7 correct and was told i had failed,so i cannot invest in the clubWill spend some of my money on a book about The Manchester, South Junction and Altrincham Railway: v. 34 (Oakwood Library of Railway History)
Dixon, Frank
I am not a railway historian, but have got that book, which was published years ago (assuming I have not got confused with another book). It's very good for local history, with one or two snippets which I won't spoil.
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just looked at this investment scheme,its very complicated just to sign up,you have to correctlly answer 7 questions to do with general investing and i got 4 out of the 7 correct and was told i had failed,so i cannot invest in the clubWill spend some of my money on a book about The Manchester, South Junction and Altrincham Railway: v. 34 (Oakwood Library of Railway History)
Dixon, Frank
You can try a number of times until you get the correct answers. It's just to make sure you understand that there's a risk you could lose your money.
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cheers CB
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just looked at this investment scheme,its very complicated just to sign up,you have to correctlly answer 7 questions to do with general investing and i got 4 out of the 7 correct and was told i had failed,so i cannot invest in the clubWill spend some of my money on a book about The Manchester, South Junction and Altrincham Railway: v. 34 (Oakwood Library of Railway History)
Dixon, Frank
An interesting book! Recommended.
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The oldest suburban railway in the world, apparently. And people just take it for granted!
Allegedly there's a WW2 bomb shelter (or some such) at Skelton junction, though I've never seen it myself.
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It arrives next week,so cannot say how good it is.I had a book with the track layout of Altrincham Station in it around about the early 60s,but its in the loft somewhere and i am having trouble finding it.
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It arrives next week,so cannot say how good it is.I had a book with the track layout of Altrincham Station in it around about the early 60s,but its in the loft somewhere and i am having trouble finding it.
Mine’s accessible by a hatch in the ceiling by a ladder.
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It arrives next week,so cannot say how good it is.I had a book with the track layout of Altrincham Station in it around about the early 60s,but its in the loft somewhere and i am having trouble finding it.
Mine’s accessible by a hatch in the ceiling by a ladder.
Nice one 😂
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It's all online if you look at the right map
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Book arrived today and looks really good
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Looking at Seedr's this morning the club 172% of target, £516,757 from 159 investors
amazing investment to date. Hopefully money will be well spent..
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Looking at Seedr's this morning the club 172% of target, £516,757 from 159 investors
amazing investment to date. Hopefully money will be well spent..
amazing really . Be interested to see the breakdown of where the funds will go
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Looking at Seedr's this morning the club 172% of target, £516,757 from 159 investors
amazing investment to date. Hopefully money will be well spent..
amazing really . Be interested to see the breakdown of where the funds will go
My vote would be for more loos and subsidised beer prices.
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Subsidised away travel for me. We used to take transport to every league game and probably took a few more, certainly in terms of percentage of home support. Would be very welcome with costs so high.
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Looking at Seedr's this morning the club 172% of target, £516,757 from 159 investors
amazing investment to date. Hopefully money will be well spent..
amazing really . Be interested to see the breakdown of where the funds will go
My vote would be for more loos and subsidised beer prices.
No good giving you cheap beer, you don’t like the toilets to piss it away 😉
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Looking at Seedr's this morning the club 172% of target, £516,757 from 159 investors
amazing investment to date. Hopefully money will be well spent..
amazing really . Be interested to see the breakdown of where the funds will go
My vote would be for more loos and subsidised beer prices.
No good giving you cheap beer, you don’t like the toilets to piss it away 😉
I'd actually settle for just the loos! 😉
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I would hire a marketing person full time with 5% of thag We must be the only full time club without a FT marketing function.
They could drive up crowd sales with digital marketing, town centre campaigns, support our ecommerce etc
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Seedr's closed today with around £520k of investment.
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Seedr's closed today with around £520k of investment.
So the £192K that we lost last year is at least covered.
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Seedr's closed today with around £520k of investment.
So the £192K that we lost last year is at least covered.
we lost 192k last year ?
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Seedr's closed today with around £520k of investment.
So the £192K that we lost last year is at least covered.
Given that we had budgeted to lose a larger amount I would guess so...
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Seedr's closed today with around £520k of investment.
So the £192K that we lost last year is at least covered.
we lost 192k last year ?
We did. It was the shareholders AGM at Moss Lane last night so the accounting information for last season came out with it. I imagine a loss was factored in last season although the extra ££ we had to spend because of Trafford MBC requirements will have been a big extra blow.
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Seedr's closed today with around £520k of investment.
So the £192K that we lost last year is at least covered.
we lost 192k last year ?
We did. It was the shareholders AGM at Moss Lane last night so the accounting information for last season came out with it. I imagine a loss was factored in last season although the extra ££ we had to spend because of Trafford MBC requirements will have been a big extra blow.
wow that's pretty scary . Given we were part time as well and increased attendances etc . I imagine the strain of stewarding costs and closure of parts of the ground etc have taken it's toll
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There were a number of games due to the ground closures where it’s not unrealistic conjecture to suggest it lead to 800 less people in the ground. Over 8 or 9 games that’s quite a whack.
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just looked at this investment scheme,its very complicated just to sign up,you have to correctlly answer 7 questions to do with general investing and i got 4 out of the 7 correct and was told i had failed,so i cannot invest in the clubWill spend some of my money on a book about The Manchester, South Junction and Altrincham Railway: v. 34 (Oakwood Library of Railway History)
Dixon, Frank
An interesting book! Recommended.
I also have that book