Positive response to Quakers fundraising drive

Darlington and Stockton Times: POSITIVE RESPONSE: Darlington FC chief executive Martin Jesper POSITIVE RESPONSE: Darlington FC chief executive Martin Jesper

DARLINGTON FC bosses say they are delighted with the response to a new fundraising shares issue.

More than £2,500 was invested in and donated to the Quakers within hours of the scheme going live on Thursday.

The club is attempting to reduce its debts and provide financial stability as it looks to move back to Darlington after being in exile in Bishop Auckland since last year.

Martin Jesper, the club’s chief executive, said: “We’ve had a really positive response, especially from businesses who appreciate the potential advantages.

“Those people who read the documents really understand the different options. I sold two packages in the pub before it had even been launched.”

The club has launched three different proposals to fans.

Individual supporters can receive a gift of one £1 ordinary share for a donation of either £100, £250 or £500.

Alternatively, fans can purchase £1 ordinary shares if they are willing to invest at least £1,000 for individuals or £2,500 for corporate backers.

Fans can also invest directly by a monthly standing order.

Supporters receive rewards such as signed shirts, season tickets and hospitality packages, as well as discount of commercial packages for corporate investors, depending on they amount they invest or donate.

The club has set a target of £50,000 initially, although it is hoped the final total could reach £150,000.

The fundraising initiative has received a mainly positive reaction from Quakers fans on-line.

One member of the popular Darlo Uncovered fans’ message board said: “We all knew when we started out last season that it was going to be us, the fans who would have to keep this club going initially.

“I don't mind chipping in with what I can afford. I can't imagine my Saturday afternoons without the mighty Darlo.”

The fundraising scheme to secure the club’s finances is running alongside a separate drive to pay for the proposed move to Blackwell Meadows, where it will groundshare with Darlington RUFC.

Run by Darlington FC Community Interest Company, this fund has a target of £75,000.

To invest in the club, visit squareknot.co.uk/pitch

Comments (1)

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6:11pm Fri 20 Dec 13

Lionel1 says...

£150k to clear the debt and £75k to pay for the move!?! Have the club made it clear which is the priority?
£150k to clear the debt and £75k to pay for the move!?! Have the club made it clear which is the priority? Lionel1

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