rbr 1,247 Posted February 23, 2012 Share Posted February 23, 2012 On their facebook page , they state after filtering out some of the idiots , the pledges stand at £4.1 million from 4660 people , I would argue that that is a very high percentage and that the true figure if needed would be much lower , even though I Initially pledged I can afford it , there will be a percentage who definetly cannot 0 Quote Link to post Share on other sites More sharing options...
Danny 0 Posted February 23, 2012 Share Posted February 23, 2012 Saw a stupid tweet claiming 7k signups today alone. I also want to know why the minimum hypothetical pledge is as high as 500 quid. 0 Quote Link to post Share on other sites More sharing options...
craig 5,195 Posted February 23, 2012 Share Posted February 23, 2012 Saw a stupid tweet claiming 7k signups today alone. I also want to know why the minimum hypothetical pledge is as high as 500 quid. It isnt, there is an option to enter your own amount - I THINK that will let you enter a lower number 0 Quote Link to post Share on other sites More sharing options...
calscot 0 Posted February 23, 2012 Share Posted February 23, 2012 I believe Fergus McCann's share issue had a minimum of £650 and that was in 1994... 0 Quote Link to post Share on other sites More sharing options...
calscot 0 Posted February 23, 2012 Share Posted February 23, 2012 PS I think the suggested amount has to be substantial or it will never take off the ground. If it was a tenner then we'd need about 2 million subscribers instead of 40k at £500. I think Celtic had 12k subscribers and raised £9M. 0 Quote Link to post Share on other sites More sharing options...
BrahimHemdani 1 Posted February 23, 2012 Share Posted February 23, 2012 I believe Fergus McCann's share issue had a minimum of £650 and that was in 1994... You are correct or as near correct as makes non difference. Celtic raised £14M and created 15,000 new shareholders as follows. Cost £620 £1240 - £2480 £3100 & above Level Supporter Membership Investor Club In Celticâ??s case, over 80% of those who subscribed did so at the â??entry-levelâ?? value of £620. This also indicates that 80% of the people raised only around half of the realized amount â?? the remaining 20% of shareholders raising the other half. Rangers already have approx. 15,000 shareholders. When I was Secretary of RST in 2010 we looked at this in great detail and came up with a minimum figure of £600 which we thought was realistic at that time. The plan was to raise the £30M thought neceassary to buy the Club by getting 20,000 people to pay £1,500 in total (£600 up front and £15 per month) over 5 years with the up front total required to make the purchase underwritten by the client of a large firm of solicitors. Of course there are number of ways to vary these figures. I am sorry that I don't have time at the moment to go into more detail but hope that helps. 0 Quote Link to post Share on other sites More sharing options...
Ergatrude 0 Posted February 23, 2012 Share Posted February 23, 2012 The plan was to raise the £30M thought neceassary to buy the Club by getting 20,000 people to pay £1,500 in total (£600 up front and £15 per month) over 5 years with the up front total required to make the purchase underwritten by the client of a large firm of solicitors. Of course there are number of ways to vary these figures. This I would sign up for, gladly. 0 Quote Link to post Share on other sites More sharing options...
BrahimHemdani 1 Posted February 23, 2012 Share Posted February 23, 2012 On their facebook page , they state after filtering out some of the idiots , the pledges stand at £4.1 million from 4660 people , I would argue that that is a very high percentage and that the true figure if needed would be much lower , even though I Initially pledged I can afford it , there will be a percentage who definetly cannot That's an average of £869. It's not totally out of the box rbr. The research RST did in 2010 suggested most people would pay £500-£1000 and quite a few said they would pay significantly more. But I do agree with you that pledges are one thing; collecting them is quite another. 0 Quote Link to post Share on other sites More sharing options...
BrahimHemdani 1 Posted February 24, 2012 Share Posted February 24, 2012 (edited) I was interested in this statement on the saverangers site "Club profits should be reinvested, not paid out as dividends." When was the last time we paid a dividend? Certainly not in the 30 years I have been a shareholder. Edited February 24, 2012 by BrahimHemdani 0 Quote Link to post Share on other sites More sharing options...
alexscottislegend 2,057 Posted February 24, 2012 Share Posted February 24, 2012 It isnt, there is an option to enter your own amount - I THINK that will let you enter a lower numberYou can - I did. 0 Quote Link to post Share on other sites More sharing options...
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