Recently we asked you, our members, to give us your opinion on a possible share sale – a move designed to raise a significant amount of money as reserves for the Club, while taking advantage of Les Hutchison’s Double Your Money Offer.
A whopping 89.9% of the members who took part in our poll voted in favour of the proposed share sale. We also took time to answer questions on the matter and will continue to welcome any feedback, questions and comments.
All of the feedback we have received has been taken into consideration and the Board has decided that it would be in the best interests of the Club and our members to go ahead with the Share Sale which could raise up to £500,000.
It is important to make it absolutely clear that the Well Society will retain majority shareholding and this move will in no way change the fan-owned status of the club.
It is also important to state that this Share Sale in no way impacts existing Well Society memberships. Your pledges and donations are still very much welcomed and vital to the Club. This is very much a separate one-off fundraising initiative which is entirely optional to all members.
Shares in Motherwell FC will be available first of all exclusively to Well Society members until the 14th of November and then we will open it up to the rest of the ‘Well support.
Shares will be available at a cost of £10 per share with a minimum purchase of five shares required.
The deadline for all share purchases is the 22nd of December 2017.
We will also be offering the following discounts based on what Well Society members have contributed to us as of 30th September 2017:
|Total Contributed to the Well Society||Discount on Shares|
|Up to £999||5%|
|£5000 and above||15%|
If you are unsure how much you have contributed to date simply contact us at email@example.com.
To apply to purchase shares, all you have to do is fill out the following application form and send it to us at firstname.lastname@example.org. This can also be done over the phone by calling 01698 333333 or you can drop it off/post it to Fir Park (Fir Park Street, Motherwell, ML1 2QN).