Arsenal Fanshare scheme welcomed
Hugh Robertson welcomes Arsenal鈥檚 proposed Fanshare scheme
Arsenal shares trade at around 拢10,000 each.
The Fanshare scheme, established by the , will allow fans to purchase a fraction of a share from 拢10 a month. These fractions will then be put together to buy shares in the football club.
The move could enable fans to build up an ownership stake and use that to vote on decisions at the club鈥檚 Annual General Meeting.
鈥淚t is part of the coalition agreement to encourage supporters to have more representation at their clubs,鈥� said , Minister for Sport.
鈥淎rsenal鈥檚 proposal is an enlightened and forward looking way of doing this and makes it affordable for their fans to own a part of their club. Clearly it is for individual clubs to decide, but this is a model I鈥檇 like to see other teams explore.鈥�