Football club to sell fans equity in new model for English game

By Sam Kerr
20 Jun 2019

English football club Stevenage FC is inviting investors to buy shares in a rare kind of equity fundraising in a bid to secure promotion from League Two of the English Football League.

Stevenage FC’s chairman Phil Wallace is aiming to raise £1.2m by offering a 12% stake in the club. Each new share will be priced at £25 each, with a minimum subscription of £1,000 for 40 shares. Investors who buy the shares will receive dividends based on the club’s ...

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