Arsenal Fanshare

As we're unlikely to see terraces again at football, this is the virtual equivalent where you can chat to your hearts content about all football matters and, obviously, Arsenal in particular. This forum encourages all Gooners to visit and contribute so please keep it respectful, clean and topical.
Mr. Stereoworld
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Arsenal Fanshare

Post by Mr. Stereoworld »

All,

My membership pack arrived today and enclosed within was a leaflet for the 'Arsenal Fanshare'.

It is pretty well an identical scheme to the one that the
Arsenal Supporters Trust have been mooting for some time.

Are the Trust involved with the club with regards to this, I know that they were talking to AFC about it, or has Mr. Gazidas thought 'wow thats a great idea' and taken it for his own.

Mr. S

northbankbren
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Post by northbankbren »

Whats the arsenal fanshare?

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HashKads
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Post by HashKads »

Arsenal Holdings plc (the company that controls the Club) is a ‘public’ company. Anyone can buy shares in it on the stockmarket, but the cost of each share in Arsenal Holdings plc is currently around £9,500... well out of reach of most fans.

New Arsenal Fanshares are each equal to one hundredth of one share in Arsenal Holdings plc. So each one costs about £95.
www.arsenalfanshare.co.uk

northbankbren
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Post by northbankbren »

Where have these shares become available from?

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RaM
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Post by RaM »

This sounds like a good idea.

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USMartin
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Post by USMartin »

RaM wrote:This sounds like a good idea.
It does - but I would be cautious until I had more information. As I said earlier I think the Board's strategy is to keep your friemds close and your potential enemies closer. I wouldn't want the supporters ultimately helping to finance the Board's plans if they include selling out to a take-over individual or group financing their take-over with debt-leverage.

Where is Reg Niseth because he clearly was aware of this or at Least the AST plan along these lines and could tell us what would be the best way to go.

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sabastiane
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Post by sabastiane »

"You can buy Arsenal Fanshares by opening an account and putting as little as £10 into it each month."

"If you stay in the scheme for long enough to buy 100 Fanshares, then you can convert them into a full share in Arsenal Holdings plc and receive a guaranteed place at the AGM and the full voting rights for one share."

So if I pay 10 pounds per month in about 7.9 years I would have a full share!

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USMartin
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Post by USMartin »

sabastiane wrote:"You can buy Arsenal Fanshares by opening an account and putting as little as £10 into it each month."

"If you stay in the scheme for long enough to buy 100 Fanshares, then you can convert them into a full share in Arsenal Holdings plc and receive a guaranteed place at the AGM and the full voting rights for one share."

So if I pay 10 pounds per month in about 7.9 years I would have a full share!
The devil is always in the details innit? and actaully at 10 pounds a moth its more like 79 years :lol:

If they made clear what this money would go to and why it might be worth considering but as usual the engage in omitting the key details. Curious no? If they made that a bit more clear it might be worth seriously considering - otherwise this is just one more effort to keep their enemies closer and this one is a bit more galling than the way the deal with the supporters groups given how really you are putting in a decent total amount of money for ultimately minimal say at all in how it is used based on what I read and re-read.

http://www.arsenalfanshare.co.uk/#

Am i mis-reading this QG ?
Last edited by USMartin on Sun Jul 25, 2010 4:13 am, edited 1 time in total.

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sabastiane
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Post by sabastiane »

I signed up for the email updates. Let's see if they do give us some idea where the money goes. not smart to invest in something when u don't know how its going to be used. Especially when you don't have full shareholders rights.

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USMartin
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Post by USMartin »

sabastiane wrote:I signed up for the email updates. Let's see if they do give us some idea where the money goes. not smart to invest in something when u don't know how its going to be used. Especially when you don't have full shareholders rights.
Same here. Just as they would use this we should as well to learn as much as we can and if this actually is valid way to help the club - which I am hardly certain of at the moment - be ready to take part.

Let me note - they always say read the fine print so I did. This is offically seperate from Arsenal Football Club - however it ios endorsed by both the club and the Supporters Trust so actually it is the program Reg Niseth had mentioned. I am not sure if that speaks better of this program or not having read its details - no disrespect intended Reg.

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Perryashburtongroves
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Post by Perryashburtongroves »

What does this club take us for? Do they have such little regard or respect four us that they think we'll just hand over money without even knowing what's going to happen to it, where it will go, who it will go to and why this scheme has suddnely appeared?
I really think it's unethical to launch a scheme like this when we, the fans have no idea what the board's intentions are in the longer term.

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REB
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Post by REB »

Perryashburtongroves wrote:What does this club take us for? Do they have such little regard or respect four us that they think we'll just hand over money without even knowing what's going to happen to it, where it will go, who it will go to and why this scheme has suddnely appeared?
I really think it's unethical to launch a scheme like this when we, the fans have no idea what the board's intentions are in the longer term.
yes to all your questions,they have little regard for us, wake up people ffs, we are just a way for the club to make more money and you can be sure 50000 muppets will suscribe to this idea to feel like the club is part of them which it isnt anymore, the arsenal is gone and now we are just customers for the commerial department to milk and as long as they are gullible people then this will continue.

mrgnu1958
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Post by mrgnu1958 »

Id rather pay £95 on a prostitute.At least id know what id be getting :oops:

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REB
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Post by REB »

mrgnu1958 wrote:Id rather pay £95 on a prostitute.At least id know what id be getting :oops:
and better value then 100 of a one share :lol:

Mike1
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Post by Mike1 »

Just for clarity, this is the scheme which the AST have been working incredibly hard to get up and running for the last 5 years. They are the people behind it, not the club. However, for it to happen, it was necessary to get the club to support the scheme and to help publicise it. One of the best way of doing this was via the membership packs as this goes to a wide range of people.

Some people have questioned where the money will go and my understanding is that the money goes to whoever is selling the shares. There have not suddenly been a whole load of new shares made available, so the only way the scheme can buy shares is on the open market. The club are not therefore profiting from it in any way - under FSA rules, which is what the scheme has to operate under, they wouldn't be allowed to.

The benefit to the club (and therefore to us as fans) is that it will help increase plurality of ownership. Ultimately (and I accept this is a hugely ambitious goal), members of the scheme could end up owning a significant enough share in the club to prevent anyone from taking it into private ownership. I appreciate some people think private ownerhip with a wealthy benefactor is the way forward, but according to the results of The Gooner Survey (see the next issue of the fanzine out next weekend), the majority view is still against this.

I believe full details of the scheme, including an extensive set of FAQs will be made available to anyone interested shortly.

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