21 Nov NEW FAN INVESTMENT IN FALKIRK FC
Falkirk Football Club is delighted to announce that we have reached agreement with the Patrons Group to accept a substantial six-figure investment in the club. This initial sum forms part of a larger commitment by the group to buy at least 750,000 shares.
The Patrons Group consists of over twenty long-standing Falkirk fans, with each investing £10,000 or more. The group will elect two members to join the Falkirk FC Board and further information will be provided to shareholders at the forthcoming AGM on 6th December.
The club will also announce exciting news about how all supporters can help increase fan ownership and participate in the democratic governance of the club. Working with the Patrons Group, the Falkirk Supporters Society aims to bring about balanced ownership, where no single group has an overall majority and decisions must be made by collaboration and consensus.
The Board would like to thank the Patrons Group and Falkirk Supporters Society for their hard work in bringing this new initiative to life. These investments will build a sustainable foundation for the club, as well as helping secure its long-term future via expanded fan ownership. We look forward to discussing the plans in more detail with shareholders at the AGM.
Kenny Jamieson, a spokesperson for the Patrons Group said: “We would like to thank the Board for their willingness to work with us over the last few months and their commitment to a balanced ownership model, democratic governance and to creating a new culture at our club. We look forward to working with Falkirk Supporters Society to help to shape a positive future for Falkirk Football Club.”
Stuart Adam, a spokesperson for the Falkirk Supporters Society, said: “Fans’ voices have gone unheard for too long so this is a unique opportunity for all Bairns to get involved. We will work alongside the Patrons’ Group, directors and shareholders large-and-small to expand fan ownership so we can safeguard our club’s future. We look forward to discussing our plans at the AGM and will communicate more to all Falkirk fans soon.”