Plough Lane Bond

I previously mentioned that the club has been away from its home since 2002. The club’s recent plan to the home move has been encountered with the problem. There is a shortfall of £11 million. There are three potential investors who offered about £7.5 million for a stake in the club. Such stake will be from the fan trust. In conjuncture with such circumstances, most of the fans (members of the fan trust) are not inclined to accede to such request. Hence, the fan-trust bond (also known as Plough Lane Bond) has been created to raise the fund for such move without the fund injection from these three potential investors.

https://ploughlanebond.com/

The fans are of view that by agreeing to the potential investors’ offer, it will mean that the fan trust will cede the control of the club to the external parties. I am of view that such decision will have defeated the fundamental basis on how this club has been set up in 2002.

WTK

 

Author: firewtk

A middle-age Singaporean currently having a minimalist and simple lifestyle. I am not longer in full-time employment with effect from 1 May 2019. I try my very best to write one post per day on this blog. The purpose is to share my prevailing thoughts to interested readers. It is up to the interested readers to decide whether they want to take action in embarking on the FIRE journey. I do not gain anything from this blog and it is solely for sharing hopefully for the benefits of all interested reader. WTK

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