TNS ARCHIVE
CITIZENS' FANS COULD OWN CLUB
WP ARCHIVE
BANGOR City fans have been told they can take control of the club - if they can raise 60,000.
Chairman and local businessman Ken Jones told the annual meeting that City lost 20,000 last season, but stressed they will not get into the same financial trouble as Barry Town.
Jones says the club needs to raise 60,000 this year and will offer shares for just 1 each at the end of this season to every supporter who sells 25 worth of lottery tickets.
"It is absolutely essential for Bangor to generate this extra cash and I will not go down the same road as Barry," warned Jones.
"There have been several Football League clubs that have opted for supporter ownership and there are a lot of advantages.
"We need to get through this season to take advantage of our new ground and I want fans to be involved in everything," he added.
"If only 100 people sold a book of 25 tickets a week, that would keep us healthy."
14 September 2021