Crowd Funding?

[Lord Kitchener]

I don’t know who would be trusted enough to set up crowd funding to try and get money to help the consortium buy our club. If such a fund was set up we could surely make it go viral on social media etc?

Seems that many football fans are sympathetic with our situation…

[CaptainCod]

Quite a few posters on the fishy have said that they would donate to help save your club so long as it didn’t benefit Swann. As I’m sure genuine fans from other clubs would too. Isn’t this something your supporters trust could organise?
As for going viral you could always ask for help from some of your well known former players to gain maximum exposure. Kevin Keegan , Ian Botham and Billy Sharpe spring to mind .

6 users thanked author for this post.

bartonscorpion, Lord Kitchener, Jackie, BarnardFoxtonBarker.., f row crew, BobbyGmeister

[Northumbiron]

Been down this path before but it looks to be blocked by tumbleweed!

[CaptainCod]

Tumbleweed is dead , it’s usually blown away by the wind . There’s always a path out of the woods you just have to find it.

[Lord Kitchener]

So if the Iron Trust set up a Go Fund Me page, for example. We could post it and get people to share it. Also as Captain Cod mentioned, we have some high profile former players who still have affinities to our club.

Botham, Keegan, Clemence, Sharp, Hooper etc.

Desperate times call for desperate measures.

UTI

[razoriron]

I think it’s a great idea ans goes without saying I would contribute in a shot, as am sure a huge swathe of Iron fans would.

[Pat O’Cake]

Lord Kitchener wrote:

So if the Iron Trust set up a Go Fund Me page, for example. We could post it and get people to share it. Also as Captain Cod mentioned, we have some high profile former players who still have affinities to our club.

Botham, Keegan, Clemence, Sharp, Hooper etc.

Desperate times call for desperate measures.

UTI

Add to that list Brian Laws, Nigel Adkins, Andy Crosby, Cliff Byrne, Ian Barraclough, Julian Broddle (who is a member of at least one of the SUFC pages on Facebook and regularly likes posts)

[64]

Lots of peole making suggestions for others to action is typical Scunthorpe fans.Just do it if that’s what you want to see happening.

1 user thanked author for this post.

CMC

[64]

There you go Kitchener,get on with it
https://www.gofundme.com/
I will ,later tonight ,look into it because I foresee tax difficulties in giving to companies.Certainly bailing out swann not on .I’d say handing any money directly to any takeover is a non starter so that leaves the Trust and it would look odd to say the least,for them to benefit from their own GoFund me

[MK Iron]

In my view this idea could help the club recover but only if correctly organised and with the correct aims.

It will likely fail if set up by a single fan. I would happily do it but how do potential contributors know I won’t disappear with the cash? I wouldn’t of course but you don’t know that.

That means it has to be done by or at least on behalf of an organisation with some credibility and accountability e.g. Iron Trust.

I am a member (up to now a very inactive one) but would be glad to help and or support.

The other thing is what will the money be used for? If it is simply to allow potential new owners to pay the current owners unrealistic asking price then most potential contributors would be reluctant to donate. I personally have no interest in contributing towards gambling debts, legal fees or hotel building for someone that has trashed my football club.

If the fund was for future running costs and funding developments to support regaining league status to help the local consortium I would happily contribute. Especially if this secures a share of the club for the trust. This could be done either pre-administration should the current owner have an attack of conscience and realism. More likely after the consortium buys the club post admin.

3 users thanked author for this post.

Deereyme66, Lord Kitchener, Cliff Byrne's Right Peg

[Cliff Byrne’s Right Peg]

There is an upcoming Iron Trust AGM in February Mk, perhaps worth mentioning there or sending them an email beforehand ?

John is usually prompt with replies.

2 users thanked author for this post.

Deereyme66, MK Iron

[Lord Kitchener]

64 wrote:

Lots of peole making suggestions for others to action is typical Scunthorpe fans.Just do it if that’s what you want to see happening.

This is not even remotely realistic. No individual can do this, why on earth would they be trusted? The Iron Trust is the obvious choice. We know them and we trust them. A no brainier innit?

1 user thanked author for this post.

Deereyme66

[Deereyme66]

Sensible post MKI. Through the trust as a constituted body reduces the risks to the fundraiser, and assures donors their funds will be spent how they’re intended to be, as long that’s clear in the ask and has been agreed in advance with the club. There’s also no reason why an individual couldn’t link their individual fundraising efforts to a Trust appeal via a fundraising platform like Just Giving. Shame the trust isn’t a registered charity that could benefit from additional gift aid but I still think it’s the best vehicle, for what it’s worth.

[Pat O’Cake]

64 wrote:

Lots of peole making suggestions for others to action is typical Scunthorpe fans.Just do it if that’s what you want to see happening.

Unless posts have been removed I have not seen lots of people making suggestions for others to action? I have seen people suggest a go fund me would be a good idea and suggest that The Iron Trust would be the best vehicle for this but that’s all?

And what exactly is meant by typical Scunthorpe fans????

[Deereyme66]

Just to add, obviously the Trust would need assurances from the club regarding any donated funds and how they’re spent (not sure how feasible that is) before they launched an appeal so they can assure potential donors in the ask. That would make for a more successful appeal and offer donor confidence. Have no idea how easy it is to ring fence funds from a body like the Trust to a club under a winding up petition though. Maybe something the Trust would know?

[MK Iron]

Agree Deery and also agree with 64. Any donations from any source via the Trust must get the Trust a pro-rata share of the club as protection for the future. The fan director position then would have a voice and inflhence rather than the impossibley posIron Neil was in.

The reported “price tag” from the current owner seems reasonable (£3.5m plus £1). Meaningless unless the current owner leaves the club debt free. Who pays the taxman, the mortgage on the ground, the EFL loan, the loan that covered Novembers wage bill and god knows what else we dont know about. Seems to me the £3.5m is what Swann is trying to walk away with. From what we know of the liabilities incurred under the current owner the real sale price could be double what is being quoted.

For a National League side virtually nailed on for relegation that is clearly ridiculous.

Seems to me buying the club from the Administrator is the only way forward.

[Ironawe]

Does the Iron Trust have charitable status? It is an asset of community value (the ground). Must be easier to donate to a charity?

[Ironawe]

only thinking we could team up with consortium and we (the trust) purchase the ground as a community asset – could raise £1m and safeguard the stadium – would only work with genuine fans Elliot and Sharp. There are plenty of charities who raise funds to maintain assets. No doubt someone has already considered this

[Deereyme66]

It’s not a registered charity, but I don’t know what it’s legal entity is.

[Author]

Posts