|
|
Cash Boost For Groves!
By: Mariners Net
Date: 08/06/2003
GRIMSBY Town boss Paul Groves looks set to receive a transfer budget boost this summer - thanks to the Town fans who have taken up the offer to buy shares in the club.
The Grimsby Telegraph's share appeal has already raised £36,000 in just three weeks and it is hoped that that figure could double in the summer weeks.
The club are hoping to raise £360,000 from the sale of non-issued shares and chairman Peter Furneaux has promised that every penny will go to Paul Groves.
He said: "It is the first time for many years that shares have been available in the club. The money raised from shares will go to the manager for team building in order to get back in a higher league, which is where we want to be."
And with 150 letters still outstanding, the club accounts manager, Steve Wraith, believes the £50,000 barrier will soon be smashed.
"There's 150 letters still outstanding, and if they all give the minimum amount of £100, then that's at least another £15,000," he said.
The Shares
Shares sales are in multiples of 100 with a minimum investment of £100.
The club will accept requests in writing stating the name and address of the proposed shareholder. Payment by Cheque should be made at the time of writing.
Formal allotment of shares will be carried out by the Directors on a monthly basis, with Share Certificates being dispatched thereafter.
Requests can be by email, but the person applying for the shares will still need to send a cheque before any consideration is given on the allotment of shares. Please state name, address and monetary amount for shares.
Cheques should be made payable to Grimsby Town Football Club Plc.
The Chief Executive
Grimsby Town Football Club
Blundell Park
Cleethorpes
DN35 7PY
This site is by the fans, for the fans, and we will consider articles on any subject relating to the Mariners whether it be related to current news, a nostalgic look back in the past, a story about a player, a game or games in the past, something about Blundell Park or football in general. Click here to submit your article!
Related Stories
- Who will he Buy? Part One
- The Share Issue - An Explanation!
- Groves Continues To Chase Keane!
- More Stories
| Thread Title | Posts | Latest Post | |
|---|---|---|---|
| Summer Transfer Rumour thread | 1,791 | Abdul19 | 02/07 09:55 |
| England v DRC match thread | 134 | Ganpati Goonerz | 02/07 09:33 |
| Lincoln City | 1,364 | 1mickylyons | 02/07 07:24 |
| TV Games/Upcoming Fixtures | 3 | SiteBot | 02/07 04:30 |
| The Fishy World Cup 2026 Thread ðŸŒðŸ† | 479 | Lost in Lincoln | 02/07 00:08 |
| Pearson | 140 | bradz | 01/07 22:25 |
| Sky Sports live games | 21 | Abdul19 | 01/07 21:17 |
| Living Wage Foundation | 58 | Dr Kenneth Tinkle | 01/07 15:30 |
| Shirt | 79 | Mayaman | 01/07 15:13 |
| Lukeos Seat Count | 169 | HackneyHaddock | 01/07 13:26 |