Total raised by 1,522 people to fund stadium
27 February ~ FC United fans have reached the £2 million target for their community share issue, which is helping to fund their new stadium and community sports facility in Moston, north Manchester. The scheme was initially launched in 2010 with the goal of raising £750,000 but it proved so successful that the figure was revised. The £2m has been raised by 1,522 people with the majority investing £500 or less. FC United general manager Andy Walsh said: “This is one of the largest amounts ever raised by football supporters and the most ever raised for a sports club via community shares. Raising capital through community shares is a pioneering development in English football and FC United’s example has been rightly recognised as offering a real alternative to the way football is run and financed.” You can read more about the scheme here.