Eddie Posted March 20, 2023 Share Posted March 20, 2023 Become a shareholder for a hundred quid. https://www.whitehavenrl.co.uk/news/share-scheme 1 Link to comment Share on other sites More sharing options...
Anita Bath Posted March 21, 2023 Share Posted March 21, 2023 14 hours ago, Eddie said: Become a shareholder for a hundred quid. https://www.whitehavenrl.co.uk/news/share-scheme I thought I read somewhere that it is illegal to offer incentives to buy shares. Cant remember where I saw this though. 1 1 Link to comment Share on other sites More sharing options...
Blind side johnny Posted March 21, 2023 Share Posted March 21, 2023 Approach with caution. Are these actual shares in the club? Is there a holding company? Has a prospectus been issued? I do recall other RL clubs having share sales in the distant past only for those new shareholders to eventually learn that they weren't actually "real" shares but some form of donation to keep the clubs going. 1 1 Sport, amongst other things, is a dream-world offering escape from harsh reality and the disturbing prospect of change. Link to comment Share on other sites More sharing options...
Griff Posted March 21, 2023 Share Posted March 21, 2023 (edited) You'd probably be better with some sort of minor sponsorship and having a day out at a game. Edited March 21, 2023 by Griff 2 "We'll sell you a seat .... but you'll only need the edge of it!" Link to comment Share on other sites More sharing options...
Ivarr the Boneless Posted March 21, 2023 Share Posted March 21, 2023 Even if they are shares in the main company it's still best viewed as a donation. Some of the shareholders hold thousands of shares according to current Companies House data. You'll probably get extra information as a shareholder but your 20 shares won't go far at a shareholder vote if it goes to one share one vote. Also the shares aren't listed anywhere so not the easiest thing to sell on. Nothing wrong with it if you want to bung the club a few quid and stick a share certificate on your wall though. To be fair, they don't really build it up as anything more. This is a bit like the steam railways and micro breweries that sell shares. It's more a way of funding something you believe in and probably getting a few free tickets (steam trains) or cheaper booze (brewery) than something you would expect to make money on. I'm a minor shareholder in a non league football club for long winded reasons. Suffice to say, that won't be helping to ultimately fund my retirement. Good luck to them. Link to comment Share on other sites More sharing options...
Jughead Posted March 21, 2023 Share Posted March 21, 2023 Nice to see this is greeted with the usual upbeat positivity this place and sport is renowned for. All the best to Haven, a real good club. 3 Link to comment Share on other sites More sharing options...
Griff Posted March 21, 2023 Share Posted March 21, 2023 33 minutes ago, Jughead said: Nice to see this is greeted with the usual upbeat positivity this place and sport is renowned for. All the best to Haven, a real good club. What are your thoughts on minority shareholdings ? In any company. 1 "We'll sell you a seat .... but you'll only need the edge of it!" Link to comment Share on other sites More sharing options...
moorside roughyed Posted March 21, 2023 Share Posted March 21, 2023 If someone wants to put money into their club,that's up to them. I would've thought people would be smart enough to do the relevant checks before handing over hard earned money. Or consider it a donation. Link to comment Share on other sites More sharing options...
Jughead Posted March 21, 2023 Share Posted March 21, 2023 1 hour ago, Griff said: What are your thoughts on minority shareholdings ? In any company. My thoughts are that if I were a Whitehaven fan, I’d probably be inclined to “invest” because it’s the club I support and would understand that the rewards from it are limited and that as not a Whitehaven fan, anyone interested should read up about this sort of thing if they’re not familiar with it. 1 Link to comment Share on other sites More sharing options...
DavidM Posted March 21, 2023 Share Posted March 21, 2023 I’ll think about it . Ive thought about it . Na 2 Link to comment Share on other sites More sharing options...
headtackle Posted March 21, 2023 Share Posted March 21, 2023 2 hours ago, Griff said: What are your thoughts on minority shareholdings ? In any company. View it as it is You get a small stake in the club, a share certificate to hang on the wall and whilst not much of a say help to keep the club going a lot of football clubs have a model where you can buy as many shares as you want but only get 1 vote. Think FC United started that way in response to the Glazer takeover Good luck to Whitehaven Link to comment Share on other sites More sharing options...
Griff Posted March 21, 2023 Share Posted March 21, 2023 1 hour ago, headtackle said: View it as it is You get a small stake in the club, a share certificate to hang on the wall and whilst not much of a say help to keep the club going Good luck to Whitehaven £100 for a piece of paper to hang on your wall. You could print your own for a few pence. There are better ways to support your club. "We'll sell you a seat .... but you'll only need the edge of it!" Link to comment Share on other sites More sharing options...
Griff Posted March 22, 2023 Share Posted March 22, 2023 11 hours ago, Jughead said: My thoughts are that if I were a Whitehaven fan, I’d probably be inclined to “invest” because it’s the club I support and would understand that the rewards from it are limited and that as not a Whitehaven fan, anyone interested should read up about this sort of thing if they’re not familiar with it. What are your thoughts on minority shareholdings generally? In any company. As opposed to one you'd like to donate money to. "We'll sell you a seat .... but you'll only need the edge of it!" Link to comment Share on other sites More sharing options...
Jughead Posted March 22, 2023 Share Posted March 22, 2023 3 minutes ago, Griff said: What are your thoughts on minority shareholdings generally? In any company. As opposed to one you'd like to donate money to. That it’s best to understand what it entails before you spend your money on this type of thing. Link to comment Share on other sites More sharing options...
Griff Posted March 22, 2023 Share Posted March 22, 2023 (edited) 3 minutes ago, Jughead said: That it’s best to understand what it entails before you spend your money on this type of thing. Interesting you should say that because there was talk on this thread about "investing" in Whitehaven shares whereas you speak of "spending money" on more common shares. I would have thought it was the other way round. Edited March 22, 2023 by Griff 1 "We'll sell you a seat .... but you'll only need the edge of it!" Link to comment Share on other sites More sharing options...
Eddie Posted March 22, 2023 Author Share Posted March 22, 2023 Whitehaven’s online shop could do with a bit of work, and also things to sell other than a solitary waterproof jacket https://www.whitehavenrlstore.co.uk 1 Link to comment Share on other sites More sharing options...
Click Posted March 22, 2023 Share Posted March 22, 2023 1 hour ago, Eddie said: Whitehaven’s online shop could do with a bit of work, and also things to sell other than a solitary waterproof jacket https://www.whitehavenrlstore.co.uk And I thought Londons online shop was bad .. Link to comment Share on other sites More sharing options...
DavidM Posted March 22, 2023 Share Posted March 22, 2023 1 hour ago, Eddie said: Whitehaven’s online shop could do with a bit of work, and also things to sell other than a solitary waterproof jacket https://www.whitehavenrlstore.co.uk It was probably broken in to Link to comment Share on other sites More sharing options...
Eddie Posted March 22, 2023 Author Share Posted March 22, 2023 14 minutes ago, Click said: And I thought Londons online shop was bad .. You’d think they’d at least sell jerseys. Link to comment Share on other sites More sharing options...
Griff Posted March 22, 2023 Share Posted March 22, 2023 The problem with issuing shares is that there's no future income stream, yet the club has costs in mailing you accounts and holding AGMs. Eventually, they come to resent that and start to renege on their obligations. Buy £100 of raffle tickets. Gives you a chance of getting something for your money, makes the club's life a lot easier. 1 "We'll sell you a seat .... but you'll only need the edge of it!" Link to comment Share on other sites More sharing options...
gingerjon Posted March 22, 2023 Share Posted March 22, 2023 It's only three months ago that they publicly confirmed that they had no money. I'm guessing nothing's changed and there's been no further income so they are in proper desperate times. Build a man a fire, and he'll be warm for a day. Set a man on fire, and he'll be warm for the rest of his life. (Terry Pratchett) Link to comment Share on other sites More sharing options...
Jughead Posted March 22, 2023 Share Posted March 22, 2023 https://apx-performance.com/product-category/whitehaven-rugby-league/whitehaven-rugby-league-replica-match-kit/ You can buy Whitehaven gear from the manufacturer APX. Link to comment Share on other sites More sharing options...
Griff Posted March 22, 2023 Share Posted March 22, 2023 1 hour ago, Jughead said: https://apx-performance.com/product-category/whitehaven-rugby-league/whitehaven-rugby-league-replica-match-kit/ You can buy Whitehaven gear from the manufacturer APX. Lucky you mentioned it. "We'll sell you a seat .... but you'll only need the edge of it!" Link to comment Share on other sites More sharing options...
gingerjon Posted March 22, 2023 Share Posted March 22, 2023 1 hour ago, Jughead said: https://apx-performance.com/product-category/whitehaven-rugby-league/whitehaven-rugby-league-replica-match-kit/ You can buy Whitehaven gear from the manufacturer APX. Pre-order only ... when the season has already started though. Build a man a fire, and he'll be warm for a day. Set a man on fire, and he'll be warm for the rest of his life. (Terry Pratchett) Link to comment Share on other sites More sharing options...
Tommygilf Posted March 22, 2023 Share Posted March 22, 2023 1 hour ago, gingerjon said: It's only three months ago that they publicly confirmed that they had no money. I'm guessing nothing's changed and there's been no further income so they are in proper desperate times. I was thinking this, didn't they come out before the season saying they were basically skint and would struggle to make it to the end of the year? Suppose this is a creative solution to that. 1 Link to comment Share on other sites More sharing options...
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