Double Your Money
Earlier this year, the Well Society received a particularly generous offer from former majority shareholder Mr Les Hutchison.
Mr Hutchison has offered to match the total amount of funds raised by the Society in the calendar year 2017 with a reduction of his loan to the Club by the same amount, to a maximum amount of £500,000. Any money raised by the Well Society in 2017 – whether it’s from pledges (new and existing members), donations or proceeds from fundraising events – will be included. In effect this means that every £1 raised will count as £2.
This is an outstanding opportunity to improve the financial position of the Club and both the Society Board and members of the Society as owners of the Club must try and make the most of this fantastic opportunity.
We know that there has been some reluctance from potential members and indeed from some existing members to either join and/or contribute more of their hard earned funds to the Society due to concerns that those funds would be used to repay the loans of previous owners.
The opportunity which now exists is for that debt to be reduced by up to half a million pounds by contributions being made to and retained by the Society and the Club.
We want to rally the troops and urge you to think about how you can best support the Well Society in our aim to raise £500,000 in 2017.
You may be an existing member who has ceased to contribute or can now afford to contribute more.
You may now be persuaded to become a new member. You may now have the opportunity to persuade a friend or relative that now is the time to join the Well Society to become an owner of Motherwell FC and to contribute what they can.
This is a wonderful opportunity to substantially improve the financial position of the Club as we continue down the road as new owners. Together we can make the most of it. It’s up to us.