There are a couple of people at the club who are trying to suggest that there is no real interest in this subject amongst supporters, but previous lively chats on this messageboard suggest otherwise - as well as individual conversations I have had with people who would be prepared to invest substantial amounts.
It is maybe short notice, (might miss it myself with work) but a good chance to open a discussion re. a set position for the Trust to push the club, in terms of shares and ultimately elected fan representation on the board.
Before outright fan revolution (!) there are steps which could involve fans owning 1%, 5% -25% (? any numbers) of shares as a common holding and stake, and using any finance raised, to purchase any dormant shares that already exist. This is currently achievable but not yet pursued.
This is the principal purpose of a Supporters Trust.
The Trust should have an executive board of 6 members , not meeting with less, and this is also a possible area for development.
Again some may think this is a distraction, however getting our own structures correct, would in my opinion, be an important first step, to the long term stability of club. This would also give an increased mandate for fans making decisions, as part of the board.
Think it's a massive issue and would completely support anything the trust does in terms of pushing for more fan owned shares. Any one suggesting this isn't an intrest to fans I'm not sure what planet they are on as it comes up in nearly every conversation you have at Cliftonhill.
Due to work commitments, I too might not make tonight's meeting. But like Sam - and every Rovers fan I know - I regard the share ownership situation as the single biggest issue affecting ARFC's future (or lack of) and I will happily support any initiative aimed at d/w dead shares, increasing fan ownership of shares, and opening the door to responsible investors who want to take ARFC forward and secure the club's SFL future.
Probably 99% of Rovers folk are massively in favour of this move. Go for it!!! I cannot understand why anyone would want to block it or not be in favour of buying up shares. What possible reason could there be???
Post by charlestheoptimist on May 18, 2021 16:54:42 GMT
Hope this stimulates the positive progress that the club requires to move forward. The new environment in the football world requires substantial finances in order just to stand still - wise heads need to position themselves in the future not the past !
I think the current shareholders actually have first dibs on any shares which become available
Some interesting points here. Think existing shareholders would have first go at new shares but don’t think that is the case for dead shares.
I don’t think low turnout at meeting is an indication of a lack of interest in subject.
Some of the comments about would new shareholders have the club’s best interest at heart are interesting. If they put money into the club by buying new shares that would be a positive move. Also, being controversial, I could ask do all current shareholders have the club’s best interest at heart?
Was interested but unlikely to be able to afford shares so didn't tune in. It is of interest but not all want to be shareholders. Updates on message board bring enough information for me. As long as certain people have shares though will anything change!
PS: I was cheering on Morton on Alba! Most excellent! 🤭