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FC United Community Share Scheme to stay open

The FC United Board has decided to leave the club’s groundbreaking community share scheme open and is seeking additional share income to help offset costs and borrowing requirements.

We believe that there are still people, businesses and organisations out there who wish to buy shares in the scheme and every penny we receive via this source will reduce the costs of FC United’s new community football ground and facility and also reduce the need to borrow funds to finance the project.

We also believe that some people who have already bought shares may wish to increase the number of shares bought.

All the monies we raise from the community share scheme are for the capital project to build a community football ground and facilities in Moston, north Manchester and not for general club funds.

The FC United of Manchester Community Share Offer is a unique opportunity to put money in a community sports facility bringing football back to the heart of its communities. So far the scheme has generated almost £1.7m.

The scheme has a minimum share purchase of £200. The share issue has been given advance approval by the HMRC Enterprise Investment Scheme and subject to personal circumstances this allows those buying £500 or more shares, to claim tax relief of up to 30 per cent on the amount that they purchase in the share scheme. Instalment-based payments can also be made - please contact the FC United office for details.

Full details of the scheme including all documentation, the offer documents and a summary business and community use plan for FC United’s community football ground in Moston, are available online at http://www.fc-utd.co.uk/communityshares



First Posted ~ 17:06 Thu 26 Apr 2012
News ID ~ 4209
Last Updated ~ 01:52 Tue 16 Feb 2021