Billy Casper
Number of posts : 5869
Age : 31
Location : Darfield, Barnsley.
Club : Barnsley Football Club
Registration date : 2008-01-15
 |  Subject: online football club Wed Feb 20, 2008 11:56 am | |
| MyFC completes formal takeover of the Fleet | Tuesday, 19 February 2008 |
Ebbsfleet United shareholders met on Monday night (18 February) to
agree the takeover of the football club by the 28,250 members in 72
countries of MyFootballClub, to become effective today (Tuesday 19
February). This marks the world’s first website-community takeover of a
football club and indeed is the
first website-community takeover of any business. MyFC, which launched
on 26 April 2007, has purchased a 75% stake in the club and members
have so far contributed £1m.
The 75% stake in the football club will cost £625,000, with £400,000
paid upfront and the rest spread over two years. Almost 2,000 members
have already renewed their membership beyond the first year, that money
being ringfenced until the season of that extended membership begins. | | |
|
