L.U.S.T. Fan Share Update: Matched Funds
Leeds United Supporters Trust 15/11/13
Whilst featuring on last nights West Yorkshire Sport Daily programme on BBC Radio Leeds alongside LUST member and leader of Leeds City Council Cllr Keith Wakefield and CEO Tom Riordan, LUST Chairman, Gary Cooper, broke the news that a wealthy interested party has offered to match any monies raised by LUST members and the wider Leeds United fan base in its attempts to purchase a stake in the future of Leeds United.
This agreement in principal includes the proviso that the identity of the interested party remains confidential, for the time being, but is a genuine offer made with the very best intentions for Leeds United and Leeds United supporters to secure an interest in the future of the Club and not for personal gain or influence of any kind. The Trust board are incredibly grateful and on behalf of our members we would like to thank the interested party for their offer.
With pledges received already into six figures giving the fund a great start our members and any Leeds United supporter who wishes to be involved will be pleased to know that every pound they invest in the scheme will actually be worth two pounds. We are working towards achieving FCA compliance and will me asking members for their thoughts in due course.
Together with the fantastic support of Leeds City Council we are confident that we will be in a position to ask our members what they feel would be the best way to invest in the future of our club, many options exist such as buying shares or perhaps buying back Elland Road, before being able to discuss in earnest our proposals with the clubs owners.
We will bring you more details as this project progresses.
Whilst featuring on last nights West Yorkshire Sport Daily programme on BBC Radio Leeds alongside LUST member and leader of Leeds City Council Cllr Keith Wakefield and CEO Tom Riordan, LUST Chairman, Gary Cooper, broke the news that a wealthy interested party has offered to match any monies raised by LUST members and the wider Leeds United fan base in its attempts to purchase a stake in the future of Leeds United.
This agreement in principal includes the proviso that the identity of the interested party remains confidential, for the time being, but is a genuine offer made with the very best intentions for Leeds United and Leeds United supporters to secure an interest in the future of the Club and not for personal gain or influence of any kind. The Trust board are incredibly grateful and on behalf of our members we would like to thank the interested party for their offer.
With pledges received already into six figures giving the fund a great start our members and any Leeds United supporter who wishes to be involved will be pleased to know that every pound they invest in the scheme will actually be worth two pounds. We are working towards achieving FCA compliance and will me asking members for their thoughts in due course.
Together with the fantastic support of Leeds City Council we are confident that we will be in a position to ask our members what they feel would be the best way to invest in the future of our club, many options exist such as buying shares or perhaps buying back Elland Road, before being able to discuss in earnest our proposals with the clubs owners.
We will bring you more details as this project progresses.