Take a stake in Carmarthen Town AFC
Carmarthen Town AFC is gearing up for changes to the Welsh Premier League by giving businesses and individuals a chance to take a stake in the club.
The club is launching a share issue aimed at building on the club’s strong community links.
Club chairman Jeff Thomas said: “Carmarthen has always been one of the more progressive clubs in the Welsh Premier League.
“Changes to the league, with the formation of a smaller elite division next year, mean that we are looking to make changes to the way the club is structured.
“We have always been a community club. Unlike other teams in the Welsh Premier League, we do not rely on individual cash backers.
“There are some teams in the Welsh Premier League who stay competitive by relying on massive six figure donations from key individuals.
“This is a club which prides itself on being firmly founded on a widespread community footing.
“A new elite league will bring fresh challenges for Carmarthen Town AFC with potentially great rewards including qualification into prestigious European competitions which carry prize money of hundreds of thousands of pounds.
“In a new league of 10, four teams will gain qualification into Europe and with it the chance of a cash bonanza.
“We have always had great support from the people of Carmarthen and the surrounding area. Businesses and individuals continue to be very generous in their support of the club.
“Now, with the changes taking place in the Welsh Premier League it is more important than ever to keep that community focus. A share issue will enable people to invest in the club’s future – and Carmarthen Town AFC is a club with a very bright future.
“Anyone taking shares in the club will also get voting rights and other privileges, so they will see a very real return on their investment.”
Mr Thomas said club officials were now busy constructing a prospectus for budding shareholders. This prospectus will be released in the new year and be available before the start of the next season.
“In the meantime, we are giving businesses and individuals the chance to stake a claim for shares by putting down a cash deposit which will be converted into shares when we launch the share issue.”
Potential investors are being asked to make a minimum contribution of £1,000 to reserve their shares. The money can be paid in two instalments of £500.
Mr Thomas said he was keen to make sure shareholders and investors could play a key role in the future of Carmarthen AFC.
“We are not just talking about money here. We have always been a community club and we pride ourselves in making sure people have a say in how Carmarthen Town AFC is run.
“We earnestly hope that supporters and businesses will see this as a real opportunity to breathe new life into the club.
“Every good club needs regular injections of new blood in order to continue to thrive.
“We are sure that people will appreciate that as part of our commitment to being a community club we now have excellent facilities in our new community centre at Richmond Park.
“We pride ourselves on being at the centre of community life in Carmarthen and we are sure people will recognise this as an excellent opportunity to invest in the future of Carmarthen Town AFC.”
Anyone interested in finding out more about investing in Carmarthen Town AFC can contact club chairman Jeff Thomas on 07813697774, vice-chairman Robert Lloyd on 07777683637 or executive committee member Roger Hunt on 07710380010.
The club is launching a share issue aimed at building on the club’s strong community links.
Club chairman Jeff Thomas said: “Carmarthen has always been one of the more progressive clubs in the Welsh Premier League.
“Changes to the league, with the formation of a smaller elite division next year, mean that we are looking to make changes to the way the club is structured.
“We have always been a community club. Unlike other teams in the Welsh Premier League, we do not rely on individual cash backers.
“There are some teams in the Welsh Premier League who stay competitive by relying on massive six figure donations from key individuals.
“This is a club which prides itself on being firmly founded on a widespread community footing.
“A new elite league will bring fresh challenges for Carmarthen Town AFC with potentially great rewards including qualification into prestigious European competitions which carry prize money of hundreds of thousands of pounds.
“In a new league of 10, four teams will gain qualification into Europe and with it the chance of a cash bonanza.
“We have always had great support from the people of Carmarthen and the surrounding area. Businesses and individuals continue to be very generous in their support of the club.
“Now, with the changes taking place in the Welsh Premier League it is more important than ever to keep that community focus. A share issue will enable people to invest in the club’s future – and Carmarthen Town AFC is a club with a very bright future.
“Anyone taking shares in the club will also get voting rights and other privileges, so they will see a very real return on their investment.”
Mr Thomas said club officials were now busy constructing a prospectus for budding shareholders. This prospectus will be released in the new year and be available before the start of the next season.
“In the meantime, we are giving businesses and individuals the chance to stake a claim for shares by putting down a cash deposit which will be converted into shares when we launch the share issue.”
Potential investors are being asked to make a minimum contribution of £1,000 to reserve their shares. The money can be paid in two instalments of £500.
Mr Thomas said he was keen to make sure shareholders and investors could play a key role in the future of Carmarthen AFC.
“We are not just talking about money here. We have always been a community club and we pride ourselves in making sure people have a say in how Carmarthen Town AFC is run.
“We earnestly hope that supporters and businesses will see this as a real opportunity to breathe new life into the club.
“Every good club needs regular injections of new blood in order to continue to thrive.
“We are sure that people will appreciate that as part of our commitment to being a community club we now have excellent facilities in our new community centre at Richmond Park.
“We pride ourselves on being at the centre of community life in Carmarthen and we are sure people will recognise this as an excellent opportunity to invest in the future of Carmarthen Town AFC.”
Anyone interested in finding out more about investing in Carmarthen Town AFC can contact club chairman Jeff Thomas on 07813697774, vice-chairman Robert Lloyd on 07777683637 or executive committee member Roger Hunt on 07710380010.
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