Irate Ian
Members
- Joined
- Dec 1, 2004
- Messages
- 2,070
Follow up letter to Evening Echo News Editor, Sunday 10 February 2008
Dear Christina Ongley,
Further to my forwarded message herewith, it has been brought to my attention across the Shrimperzone website, that the clubs recent prospectus for the sale of shares carries some minor [but non clarified] reference to the subject.
My understanding is that conditional upon supporters first [1] buying shares, they will be granted options to the "buy" [2] "seat for life" and [3] season card/ticket to enable one to access the seat one "owns".
This seem to represent a triple whammy and one which supporters like myself would like Mr Martin to comment upon and provide fuller information. As is often the case, the devil may be in the detail.
Effectively 3 x charges might arise, where one would suffice.
Every-ones budget could and should be catered for: 1/2/3/4/5 10, 15, 20, 25 year [a] life or perpetual season tickets/cards would surely be a simpler and more cost effective solution to the buyer ?
The advance revenues would surely make financial sense all round, particularly if the price were "fixed" at the outset of purchase - as with ones mortgage.
My concern is that ordinary supporters may be priced out under the existing proposals, by the perceived pre-condition to 1st purchase shares; any the apparent "leasing of a particular seat", and on top then to buy a season ticket.
If it were an all-inclusive arrangement [as with ones holidays] many might be encouraged to take a loan to fund their advance season cards, as any interest incurred would be off-set against protection against entrance price increases over the period. By also repaying singular loans quicker, would potentially give one a "free" period of watching football once the loan had be repaid.
The capital injection from 4 - 8,000 potential supporters to SUFC could be enormous, if pitched at an temptingly attractive price range. For example at say an average of say £1,000 x 8,000 = £8 million - that is a lot of money in any ones language.
Some might only pay 1 year, other 3 or more and I would think the average £1K may be on the low side, so the sky is the limit, if supporters can be given the time to get their finances into order to generate the funds in advance.
Time is crucial, hence the need to air these issues sooner rather than later.
Ian K. Walker [full signature below]
Dear Christina Ongley,
Further to my forwarded message herewith, it has been brought to my attention across the Shrimperzone website, that the clubs recent prospectus for the sale of shares carries some minor [but non clarified] reference to the subject.
My understanding is that conditional upon supporters first [1] buying shares, they will be granted options to the "buy" [2] "seat for life" and [3] season card/ticket to enable one to access the seat one "owns".
This seem to represent a triple whammy and one which supporters like myself would like Mr Martin to comment upon and provide fuller information. As is often the case, the devil may be in the detail.
Effectively 3 x charges might arise, where one would suffice.
Every-ones budget could and should be catered for: 1/2/3/4/5 10, 15, 20, 25 year [a] life or perpetual season tickets/cards would surely be a simpler and more cost effective solution to the buyer ?
The advance revenues would surely make financial sense all round, particularly if the price were "fixed" at the outset of purchase - as with ones mortgage.
My concern is that ordinary supporters may be priced out under the existing proposals, by the perceived pre-condition to 1st purchase shares; any the apparent "leasing of a particular seat", and on top then to buy a season ticket.
If it were an all-inclusive arrangement [as with ones holidays] many might be encouraged to take a loan to fund their advance season cards, as any interest incurred would be off-set against protection against entrance price increases over the period. By also repaying singular loans quicker, would potentially give one a "free" period of watching football once the loan had be repaid.
The capital injection from 4 - 8,000 potential supporters to SUFC could be enormous, if pitched at an temptingly attractive price range. For example at say an average of say £1,000 x 8,000 = £8 million - that is a lot of money in any ones language.
Some might only pay 1 year, other 3 or more and I would think the average £1K may be on the low side, so the sky is the limit, if supporters can be given the time to get their finances into order to generate the funds in advance.
Time is crucial, hence the need to air these issues sooner rather than later.
Ian K. Walker [full signature below]
