Fred
Reserve Teamer
Posts: 129
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Post by Fred on Feb 16, 2018 19:00:13 GMT
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Post by jimbo on Feb 16, 2018 22:23:31 GMT
Interesting, I didn't realise that a CBS had a limit on any individual investment
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Post by thesecondjack on Feb 16, 2018 23:29:50 GMT
I didn't know about the max level of investment for CBS either! Something I spotted today that relates to BPA was a breakdown of average crowds in the NLN compared to population of the area they serve. It's not a perfect table by any means, but BPA are rock bottom with just 0.1% of Bradford watching them. Is this an example of attendances not growing/being strong for CBS model despite fans being members/owners, who are in theory more invested in the club? table
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Post by Brooksiders Return!! on Feb 17, 2018 8:14:33 GMT
There is presently a limit of £100,000 for an individual or company who wishes to invest in withdrawable shares. This limit is set to protect a CBS, remember, these are withdrawable shares, so in theory, if a company invested £1million, and requested withdrawal of £1 million at a later date, this can threaten the very future of the CBS. Many CBS's place a limit of £20,000 or £30,000 on an individual investment (but still manage to raise investment in share offers of £1 million)
Two thoughts on this maximum investment concern . 1. When BPA were a privately owned company, there was no-one coming in to invest anywhere near £100,000 in the business, which was why they looked to change to a different constitution , and 2. a £100,000 maximum individual investment limit is more than 30 times the existing maximum limit at WCFC Ltd. of £3,000. If a £100,000 limit is an obstacle to investment, imagine how unappealing it must be investing in a company with a £3,000 limit?
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Post by Dodger on Feb 17, 2018 10:52:13 GMT
I didn't know about the max level of investment for CBS either! Something I spotted today that relates to BPA was a breakdown of average crowds in the NLN compared to population of the area they serve. It's not a perfect table by any means, but BPA are rock bottom with just 0.1% of Bradford watching them. Is this an example of attendances not growing/being strong for CBS model despite fans being members/owners, who are in theory more invested in the club? table More likely that most Bradford folk prefer to support the more successful Bradford City than BPA? Dodger.
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Post by creaner on Feb 17, 2018 11:19:53 GMT
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Post by sparkyukworcester on Feb 17, 2018 11:23:46 GMT
So as a Bradford City Fan I can tell you that City, despite its chequered financial past, is now a pretty good model of a commercial club maximising its support through season ticket offers. BCFC have pretty much cleared up in the CIty in terms of football fans; with season tickets almost as cheap as Worcester’s at £149, they now attract regular home attendances of 20,000 with 17,000+ season ticket holders for a League One team.
Bradford Park, of course, at one point was the higher ranked club have meanwhile waned and struggled. They were often most recently with us in the bottom few in NN, although their form this season has been the best for many a season.My father in law played for them in the 1960s - ironically his son Kieran Hemstock was a Worcester City striker back in the 1990s. A small world!
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