Ex-Quakers boss in cash appeal to 'missing' fans (From Darlington and Stockton Times)
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Ex-Quakers boss in cash appeal to 'missing' fans
8:00am Thursday 7th June 2012 in Sport
By Joe Willis, Regional Chief Reporter
RALLYING CALL: David Hodgson
A FORMER North-East football club manager last night urged 850 “missing” fans to invest in their club.
David Hodgson, who took Darlington to the Wembley play-off final in 2000, said: “This club is like the Titanic and it’s hit the sand at the bottom of the ocean – I know that Martin Gray can bring it back, but not without the fans’ financial backing.
“The fans have rightly been critical in the past of individuals who have owned this club and not done the right things by them; now they have the chance to fix all that hurt and revive their Darlington FC. If the fans back their club, there is a future.”
More than 1,000 supporters made pledges to community company Darlington FC 1883 (DFC 1883) earlier this year.
That money was returned to fans last month after a different ownership model was drawn up. However, only 150 supporters have so far reinvested their cash in the new community interest company (CIC) – 1883CIC.
Although some fans have chosen to put their money direct into DFC 1883, the club still only has about £75,000 despite setting a target of £200,000 by the end of this month.
To join the CIC, fans have to invest a minimum of £100. In return, they are being offered benefits including access to exclusive events and forums involving the players and management, discounts on club merchandise, regular newsletters and priority booking for tickets.
DFC 1883 leaders say the CIC will provide the necessary funds for the football club to succeed both on and off the pitch. The immediate objectives are to put together a team capable of gaining promotion next season and for the club to return to Darlington as soon as possible.
DFC 1883 chairman Denis Pinnegar said the club was hoping for 1,000 people to join the CIC by the end of the month.
He added: “When we saw how many fans had taken the time and effort to back their club with hard cash, it was inspiring – but we need to ask them to do the same again.
“The CIC will be great for Darlington FC in many ways and the structure gives members a genuine voice in the running of their football club.”
For more details on the CIC, visit 1883cic.org
Comments(30)
IonlySpeaktheTruth
says...
12:05pm Thu 7 Jun 12
Skallywagg
says...
12:10pm Thu 7 Jun 12
The reason for withdrawing my support was simple, it was plain to see that the DFC was spiralling out of control rapidly. Singh did not have a clue what to do, with a succession of poor managerial appointments, no doubt costing the club. DFC has got what it deserves in my opinion. Put the begging bowls away and get on with life in the bowels of lower league football. The club is nothing now and will probably never regain league status.
Oh and while I am on DARLINGTON BOROUGH COUNCIL you must shoulder a large proportion of the blame for giving Reynolds permission to build a stadium not fit for purpose in terms of capacity.
morgan1
says...
12:46pm Thu 7 Jun 12
I believe that 1883 Ltd should change the model to allow a dividend payment to be made to investors allowing more people to invest for a return thats what most people want fans and non fans alike and it would get the club growing again.
The CIC is a good idea for the long term and maybe eventually they can own the entire club, but in the short term the club needs money to ensure it can get quick promotions., the CIC will not do this.
Go back to CrowdCube with a standard company situation where shares receive a dividend with Profits clealy defined into dividend, community, club and set a £200K target, this way small investors (non fans) will invest, as I have also said before not everyone on CrowdCube were Darlington fans some were small investors.
The fund raising has been a 'MESS' but can be sorted quickly by getting the correct company model in place, the CIC is a long term ambition well realise that to be the case and get another CrowdCube pitch set up with a clear statment of return for investment otherwise you will be lucky to get the support back.
PS:- most fans/investros on CrowdCube thought we had a chance to get back quick not to end up in the Northern League, so they need a return incentive to invest whilst at this level of football unless you have lost them already with the changes to CIC and the chaos, of which league, new club, new name, football share etc, it may be too late!!
Simply put get your act together, unify the factions of supporters and listen to those outside the narrow group of fans
the greek
says...
1:57pm Thu 7 Jun 12
gums
says...
2:26pm Thu 7 Jun 12
I admire you're enthuiasm if you think the club is going to make money to be able to pay dividends.
The dividend will be more money for Martin Gray to spend on the team to give us the best chance of promotion.
We are not asking people to blindly put money into the club who have no association. We are asking the 700 or so who will be there next season to part with £100 so that Martin can be given decent funding to build a winning team.
QuakerZone
says...
2:29pm Thu 7 Jun 12
extratime
says...
3:11pm Thu 7 Jun 12
gavshaw62
says...
4:29pm Thu 7 Jun 12
gums
says...
5:08pm Thu 7 Jun 12
If that's how you/others feel then i'd say it's absolutely imperative you join. How else will you ever get rid of the current 1883 board and replace it with one that is perfect?
That's the beauty of this scheme, if you don't like it you can change it. When have we ever been able to do that with a previous board?
I wish people would stop seeing a "them and us" situation. Anyone is welcome to stand up and be counted.
asupporter
says...
5:10pm Thu 7 Jun 12
You are living in a fantasy world if you think people will invest in football clubs like Darlington to make money. Football club shareholders are either supporters, "businessmen" on an ego trip or asset strippers after valuable real estate. Darlo will get the money they need from supporters when they see we have a competitive team and have some good victories under our belts. Your comments don't help and if you are a true supporter you should get behind the club now. I will be at Bishop at the start of the season. Will you?
extratime
says...
5:11pm Thu 7 Jun 12
asupporter
says...
5:19pm Thu 7 Jun 12
I am a Darlington Supporter and I wouldn't watch Hartlepool if it was free. You go and watch your team but keep your nose out of ours.
jewitt
says...
5:27pm Thu 7 Jun 12
morgan1 wrote:Some very interesting comments about dividends on shares. However, I suspect that 'benefits in kind' may be a better option. The Board announced today the following benefits rather than a formal dividend. This is similar to the way most horse racing clubs are run.
I am sorry I have said this all along the board is only listening to a narrow group of fans and I have been told time and time again that this is the way they want it. I believe that 1883 Ltd should change the model to allow a dividend payment to be made to investors allowing more people to invest for a return thats what most people want fans and non fans alike and it would get the club growing again. The CIC is a good idea for the long term and maybe eventually they can own the entire club, but in the short term the club needs money to ensure it can get quick promotions., the CIC will not do this. Go back to CrowdCube with a standard company situation where shares receive a dividend with Profits clealy defined into dividend, community, club and set a £200K target, this way small investors (non fans) will invest, as I have also said before not everyone on CrowdCube were Darlington fans some were small investors. The fund raising has been a 'MESS' but can be sorted quickly by getting the correct company model in place, the CIC is a long term ambition well realise that to be the case and get another CrowdCube pitch set up with a clear statment of return for investment otherwise you will be lucky to get the support back. PS:- most fans/investros on CrowdCube thought we had a chance to get back quick not to end up in the Northern League, so they need a return incentive to invest whilst at this level of football unless you have lost them already with the changes to CIC and the chaos, of which league, new club, new name, football share etc, it may be too late!! Simply put get your act together, unify the factions of supporters and listen to those outside the narrow group of fans
-You will get the opportunity to elect the board to run the CIC.
-You will get to vote on matters relating to Darlington Football Club.
-You will get to attend events exclusive to CIC members, some will involve the playing and management team.
-You will get regular newsletters covering the things that really matter at DFC
-You will get priority booking for match tickets and fan events
-You will get to attend fan forums with the board of 1883 Ltd and management team
-You will get a £5 voucher for use at the club shop
-You will get to know that you helped to revive the great football club that is Darlington FC
-You will get a personalised individually numbered membership certificate
Idontknowaboutyoubut
says...
5:54pm Thu 7 Jun 12
asupporter wrote:Dave Hodgson wants to know where the missing fans/money is. Read the quote Mr.Hodgson.This attitude has been prevalent all along,the "us and them"attitude of the group of supporters that Morgan1 is on about."its OUR club,so if you dont like it,clear off",or words to that effect.
extratime
I am a Darlington Supporter and I wouldn't watch Hartlepool if it was free. You go and watch your team but keep your nose out of ours.
That was the attitude that I encountered,as has morgan1 on many occasions.He now says,his money is invested elsewhere.So is mine,and I wont be back.
morgan1
says...
6:48pm Thu 7 Jun 12
Actually I live in the real world, the fans have had the opportunity to buy into the CIC and only 150 of them have done so a very poor showing.
Even if all 943 fans of CrowdCube investors were fans they still would only raise 100K as the CIC share should have been £200.00 per share.
I am pointing out a simple fact of life no one likes giving money for nothing.
Of the cash offerings only half of those who gave money are doing so again and 50% have yet to make their minds up which its money which cant be used until they make a decison, you will be lucky to get 30%, so if we use the same criteria to CrowdCube then CIC membership will be around 280-300.
The various factions of Darlo support will not unite under one banner and when they eventually do it will be too late to help the immediate situation.
So I guess it comes down to those in 1883 Ltd who bought the club to cough up the cash for the future of the club, so they own the club not the CIC and not the fans, they maybe fans but they will own the shares.
Has there been a formal transfer of the assets of the club to the CIC I honestly dont know.
I am sorry but this is simple not going to be enough and Darlo will be in the lower leagues probably for good, unless they can raise investment, some common sense is needed.
What is wrong with paying 5 -10% of profits to those willing to fund this club out of oblivian, the vast majoprity still goes back into the club.
The narrow fan base believe business men have damaged the club, well I cant think of anything more damaging than a CIC with only 150 members raising an insignificant amount of £15K.
If reality does not set in soon the club will be in a very worrying state before they even kick a ball.
monteforte
says...
7:06pm Thu 7 Jun 12
So people aren't re-investing can you blame them?
Major decisions taken behind firmly shut doors.
Get real fans on board not plastic ones give us supporters full details of what's going on behind the scenes .. Where we are heading for instance.? I know for a fact most fans don't want Darlo Football Club playing out of town!
This is now becoming a private club run by the so called elite but if you invest £100 you are a very minute tiny part of it !
Only 150 supporters have reinvested but DFC 1883 chairman Denis Pinnegar said the club was hoping for 1,000 people to join the CIC by the end of the month. This is a Community fans Club in name only...
asupporter
says...
8:33pm Thu 7 Jun 12
Pay 5% or 10% to investors? Are you for real. Football clubs like Darlington don't make profits, they raise money to keep playing. You might not like 1883 but they are the only game in town and without them the club would now be dead. 1883 have to show they can build a decent team and win the Northern League and then the money will follow. They didn't have much choice about moving out of the Arena and they have made a good start on the footballing side. What's wrong with giving them a chance - it was Reynolds and Singh and the rest who got the club into trouble not them.
morgan1
says...
9:34pm Thu 7 Jun 12
You miss the entire point, and I dont intend to teach them how to make it happen and get the money.
So I guess you need 1277 new members before the end of June, 56 CIC members per day from now on, its a good target suggest you make it happen.
Lawman3
says...
3:38pm Fri 8 Jun 12
1.Get involved with 1883 - they are fans simply trying to preserve the club and would welcome the help and input of other fans, or;
2. Stop trolling and leave the rest of us to try to save our club.
All this sniping from the sidelines serves no constructive purpose.
60 years a quaker
says...
5:54pm Fri 8 Jun 12
60 years a quaker
says...
8:50pm Fri 8 Jun 12
neilj_dafts
says...
10:39pm Fri 8 Jun 12
This a revolutionary change for DFC's fortunes after 100 plus years of being "run" by a succession of lacklustre to downright swindling owners.
My Crowdcube money is now on it's way back to the club.
I am living in Norway and may catch a few games a season, so will miss out on the "fringe benefits", but that doesn't sway my judgement one iota.
Talk of DFC being able to orgainise and actually pay out "dividends" is laughable.
I am investing in MY club & ex home town, not for any financial return.
It would be nice to get a peice of the action, if we reached some dizzy heights and some big investor with real good intentions & shallow pockets wanted to take over, but i'de rather trust a fans' run club for the long term.
It's time for all people calling themselves fans to stop naval gazing & whinging and do something positive!
I suggest short term invest and long term join a fundraising lottery.
I will be trying to organise such a lottery with the DAFTS exiles group, to help DFC acheive a series of promotions and build a better stadium than the last monstrosity.
Maybe DFC should invest in silver polish for the first time ever.
asupporter
says...
9:23am Sat 9 Jun 12
asupporter
says...
9:31am Sat 9 Jun 12
rockfordIL
says...
5:02pm Sat 9 Jun 12
60 years a quaker
says...
1:42pm Sun 10 Jun 12
Real Darlo
says...
11:46pm Sun 10 Jun 12
Get us back to Darlington! I for one think we should have gone to play at Brinkburn Road.
asupporter
says...
10:15am Mon 11 Jun 12
Skallywagg
says...
2:06pm Mon 11 Jun 12

extratime says...
11:10am Thu 7 Jun 12