By | June 6, 2013

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TO DOWNLOAD THE PRE-SHARE OFFER DOCUMENT AND APPLICATION FORM

East Bank Believe

Shots Trust, the democratic supporters’ trust representing the interests of Aldershot Town fans, has today launched a Pre-Share Offer, aimed at raising the necessary finance to show the club’s administrators and other stakeholders that the Shots community is serious about bringing the club into community ownership; already a reality at over 30 sports clubs across the UK.

Supporters can play their part the offer by visiting www.theshotstrust.co.uk

The Pre-Share Offer has been prepared with the guidance and assistance of Supporters Direct (SD), the umbrella organisation for over 170 supporters’ trusts established in the UK since 2000. Over the last eighteen months, SD has helped bring the likes of Wrexham FC and most recently Portsmouth FC under the control of those who care about them the most: their fans.

Terry Owens, Shots Trust chair and a founding member of Aldershot Town, commented:

“The last few months have been a difficult time for Shots fans with relegation and then administration. Considering all the uncertainty, the loyalty and passion shown has been incredible. They deserve more and that’s what community ownership would give them. A community club, owned by the fans and run by them for the benefit of the local community.”

If an initial target of about £500,000 is reached the Shots Trust intends to launch a full Community Share offer. In doing so, they would emulate the likes of FC United of Manchester, Wrexham FC, and Portsmouth FC. This will not be done without supporters and the local community knowing exactly what they are buying, and without the knowledge that enough funds are available to put the club on the road to long-term sustainability.

Supporters are being asked to commit at least £200 (but with a minimum of £100 allowed) which will be held in escrow whilst due diligence is undertaken. The maximum commitment is £20,000 – though higher amounts could be invested under certain circumstances. No money will be transferred from the escrow account without written consent, and all funds paid in can be withdrawn at any time. If you can only pay a certain amount now but wish to provide more than please let us know.

Together, the Aldershot Town community can create a brighter future for its club.

LET’S GIVE IT OUR BEST SHOT!

ENDS

For further information about the pre-share offer, the Shots Trust and Supporters Direct please visit www.theshotstrust.co.uk, or contact Tom Hall, Head of Policy and Development at Supporters Direct: tom.hall@supporters-direct.coop / 07852 952 716. 

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