Fitness On Demand
Fitness On Demand
Fitness On Demand
Health Club Management

Health Club Management

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Health Club Management

Health Club Management

News

Norwich City FC launches ‘mini-bond’ for fans to fund £3.5m youth academy

Norwich City Football Club (NCFC) has launched a £3.5m Canaries mini-bond to fund a new high-performance Academy – giving supporters the chance to directly invest in the club’s future.

The money raised by the five-year bond, which has a maximum £5m threshold, will be ring-fenced to ensure it is invested in facilities at the club’s training ground in Colney.

NCFC’s managing director Steve Stone said the initiative is part of a long-term strategy to produce more home-grown players and to build a sustainable future for the club.

The bond – which is being made available through the crowdfunding platform Tifosy – will pay 5 per cent gross interest annually, with an additional 3 per cent gross in club credit.

Investors will also be paid a one-off 25 per cent bonus if the club is promoted during the lifetime of the bond. The minimum subscription is £500 with no upper limit.

Steve Stone said: “Developing the Academy is a vital part of our long-term strategy and will secure your youth set up the Elite Player Performance Plan (EPPP) Category 1 status into the foreseeable future.

“We have a firm commitment to produce more young talent to play for our first team and this work is an essential part of this.”

Tifosy – co-founded by former Chelsea and Italy star Gianluca Vialli and CEO Fausto Zanetton – has completed a number of funding drives for English football clubs. To read an interview with Gianluca Vialli and his plans for Tifosy click here for Sports Management Issue 4, 2015.

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Norwich City Football Club (NCFC) has launched a £3.5m Canaries mini-bond to fund a new high performance Academy – giving supporters the chance to directly invest in the club’s future.
SAR,SAM
The proceedings from the funding push will be invested in facilities at the club’s training ground in Colney / Norwich City FC
Alliance Leisure
Alliance Leisure

News

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Fitness On Demand
Fitness On Demand
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Alliance Leisure
Alliance Leisure
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Features
Tech
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Opinion: Retention Academy 2018: Helping operators improve the customer experience
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Featured suppliers
Featured supplier: Calling all salon and spa owners!
The Salon & Spa Owners’ Club invites you to Olympia Beauty! Held on Sunday 30 September and Monday 1 October 2018 at Olympia London
Featured suppliers
Featured supplier: MoveGB helps its members commit to active lifestyles
MoveGB is the UK’s largest every activity membership, with over 300,000 users and more than 6,000 physical activity providers.
Company profiles
Company profile: Rephouse Europa Ltd
Rephouse is a leading manufacturer of high-performance fitness flooring systems. With its state-of-the-art production technology ...
Company profiles
Company profile: Balanced Body®
Stocked in the UK for fast, costeffective delivery, Balanced Body® delivers versatile and space-saving mind-body ...
Directory
Flooring
Gerflor Ltd: Flooring
Fitness equipment
Dyaco International: Fitness equipment
Skincare
The Tides Wellness: Skincare
Retail solutions
Swimrite Supplies Ltd / SRS Leisure: Retail solutions
Independent service & maintenance
Servicesport UK Limited: Independent service & maintenance
Architects/designers
Zynk Design Consultants: Architects/designers
Club management software
Brightlime: Club management software
Spa software
SpaBooker: Spa software
Furniture suppliers
AJ Products: Furniture suppliers
Direct debit solutions
Harlands Group: Direct debit solutions
Property & Tenders
White Rocks, Hastings
GVA
Property & Tenders
Gravesham Borough Council
Property & Tenders
Diary dates
28 Aug - 01 Sep 2018
tbc, Sao Paulo, Brazil
Diary dates
22-23 Sep 2018
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Fitness On Demand
Fitness On Demand