The fanshare scheme devised by the Arsenal Supporters’ Trust and backed by the club’s major shareholders was launched today. It was such an immediate hit with Arsenal fans that the website allowing fans to buy online fell over and had to be moved to another server.
The fanshare scheme devised by the Arsenal Supporters’ Trust and backed by the club’s major shareholders was launched today. It was such an immediate hit with Arsenal fans that the website allowing fans to buy online fell over and had to be moved to another server.
Arsenal shares currently cost over £10,000, well beyond the reach of most fans, even if they could find one to buy. Under the scheme fans pay a minimum of £10 a month up to a maximum of £1,000 to buy a fraction of a share. The upper limit is designed to stop the scheme being used as an investment vehicle. It is not a fan ownership scheme, but a fan participation scheme. Regardless of the size of their contribution fans get all the entitlements of a shareholder including admission to the annual general meeting and the right to ask questions.