30,000 at Wembley weren't all wimbledon fans,plenty support other teams like west ham like my cousins family who were at Wembley, spoke to a Yeovil fan in our end,plenty of day trippers .1 k a season each to stay fans owned or sell up wonder what % that would be in poll😂

Trigs, Nick Robertson bought 10% for £2.5M. At the time we were on the verge of pulverisation so I imagine the shares are worth a bit more now. Maybe c. £8-8.5M for 30%?

I would argue that as fans we do pay to be fan-owned though premium ticket prices along with supporting the merchandise available, however it just isn’t enough. As for not deserving to be fan-owned if we don’t support it - I just don’t get that as I didn’t support Wimbledon because they were fan-owned and neither did I continue with that by supporting AFC Wimbledon, there was no choice and it has worked for a good 20 years.

Do we have an idea of what £ amount going to 50+1 would bring in?

Just for the record when discussing this - I'm not advocating or arguing for or against any ownership model. So when I'm asking questions about 50+1 I'm not trying to persuade anyone that it does or doesn't work.

The 50+1 is important as it will pay off a lot of the bonds. It will make us a more attractive purchase as we come with lower debt and shows we can pay stuff off. In the short term it will mean we won't have to pay the bonds due in a couple of years and will keep our heads above water.

I think to Timmy's point "we don't deserve fan ownership if we don't pay for it" the problem is that 71% of members want to sell to at least 50+1 but the articles mean the minority can veto that. So those 29% are the ones who need to step up and put the money in.

OI/Trigg - you may both be correct… I guess my leaning towards 50+1 rather than immediate full sellout is because I think maybe it’s something that might be more acceptable to a greater proportion of fans as a stepping stone, and that a little while after that stage the full sell would be the next acceptable step. Obviously I’m no expert in financials, and I’m only looking at things from a “how I think many fans would feel about different selling options” viewpoint (my own perception, not because I’ve done any sort of survey, not even among friends…). As usual, time will tell, but the main point appears to be that doing nothing isn’t really an option unless we are happy to let things continue to slide backwards (including our potential league position…).

Agreed re 50+1 unless there’s something I’m missing on how it would work and what would be needed/done to avoid ending up back in the same place in 2-3 years time. Happy to have it explained otherwise though.

If I thought I could trust the people running the club I might put more money in but the way the DTB act I would'nt trust them with my lunch money

I don't see what we get from selling to 50%+1. Unless someone is covering operating losses on an ongoing basis, the shares we're trying to sell are worth pennies, even lower than JG's valuations. So anyone buying them will demand a major say in how the club is run so that their investment isn't worthless in a year or two. In other words they will behave as if they were majority owners, so they might as well be.

Grant

Wrexham receive 18 million non repayable from the Welsh government. What are we doing wrong?

Sell up!

Agreed. People don’t deserve a fan owned club if they don’t pay for it. Poor old Doobs is putting in so much work and we can’t even get £20k from the owners. If I owned an expensive Ferrari but wouldnt put in the money for its upkeep I’d have to get rid of it

I’d put in a £1,000 donation to the club every season if it could be guaranteed that 2,000-3,000 others would do the same - unfortunately I’d guess that maybe a few hundred might do it, and that wouldn’t really help much… That’s why I’m in favour of selling up to the 50+1 model…

We had c30,000 people supporting us at Wembley. If those “owners” cant support a L1/2 club and dig deep then fan ownership is a deeply flawed model. If a club with our great story, great location and affluent fan base cant support fan owned I don’t think anyone can

While our governance is a mess, I don't think (of course I may be wrong) that, as a business, we are badly run, it's just that basically no club at our level is going to be profitable or sustainable without someone willing to support losses and that with fan ownership you don't have that person.

It can be more realistic if we get costs under control. Our wages have gone up from £4.1 million to £5.8 million in two years. That is an increase of 41%. What is that money being spent on? How much of that is going to players. Does the wording staff costs solely mean wages. There has to be more transparency. Some of the 700k increase does come to paying promotion bonuses

Fan ownership isn't sustainable. Somehow we need to make it so.

Not read the article but from what I know about Exeter’s situation is that fan ownership in and of itself isn’t unsustainable - you need a well-run club and trust and without that then you find yourself in the situations Exeter find themselves in.

Interesting article on the times website detailing Exeter's struggles and how they are in exactly the same position as we are. Fan ownership isn't sustainable

CW - didn't look much like 74 at Yeovil to me either but that's what they announced 🤣🤷🏻‍♂️

DO-that doesn’t count as at least 50 others who didn’t hitch arrived a bit late

13 at Stockport in 1978 ... including Dons Outlook.