World Leisure Jobs - Norwich City FC launches ‘mini-bond’ for fans to fund £3.5m youth academy...
19 Sep 2018 World leisure: news, training & property
 
 
HOME
JOBS
NEWS
FEATURES
PRODUCTS
FREE DIGITAL SUBSCRIPTION
PRINT SUBSCRIPTION
ADVERTISE
CONTACT US
Sign up for FREE ezine
Latest news

13 Mar 2018

Norwich City FC launches ‘mini-bond’ for fans to fund £3.5m youth academy
BY Tom Walker

The proceedings from the funding push will be invested in facilities at the club’s training ground in Colney

The proceedings from the funding push will be invested in facilities at the club’s training ground in Colney
photo: Norwich City FC

Norwich City Football Club (NCFC) has launched a £3.5m Canaries mini-bond to fund a new high-performance Academy – giving supporters the chance to directly invest in the club’s future.

The money raised by the five-year bond, which has a maximum £5m threshold, will be ring-fenced to ensure it is invested in facilities at the club’s training ground in Colney.

NCFC’s managing director Steve Stone said the initiative is part of a long-term strategy to produce more home-grown players and to build a sustainable future for the club.

The bond – which is being made available through the crowdfunding platform Tifosy – will pay 5 per cent gross interest annually, with an additional 3 per cent gross in club credit.

Investors will also be paid a one-off 25 per cent bonus if the club is promoted during the lifetime of the bond. The minimum subscription is £500 with no upper limit.

Steve Stone said: “Developing the Academy is a vital part of our long-term strategy and will secure your youth set up the Elite Player Performance Plan (EPPP) Category 1 status into the foreseeable future.

“We have a firm commitment to produce more young talent to play for our first team and this work is an essential part of this.”

Tifosy – co-founded by former Chelsea and Italy star Gianluca Vialli and CEO Fausto Zanetton – has completed a number of funding drives for English football clubs. To read an interview with Gianluca Vialli and his plans for Tifosy click here for Sports Management Issue 4, 2015.



Connect with
World Leisure
Magazine:
View issue contents
Sign up:
Instant Alerts/zines

Print edition
 

News headlines
Merlin plans second Legoland park in China
Merlin plans second Legoland park in China   19 Sep 2018

Operator Merlin Entertainments is to bring a second Legoland resort to China in Sanya, Hainan Province, to add to its already under construction .... more>>
Kidzmondo to open edutainment mini-city in Melbourne
Kidzmondo to open edutainment mini-city in Melbourne   19 Sep 2018

Middle Eastern edutainment brand Kidzmondo is set to open a new mini-city site aimed at children aged between two and 14 in Melbourne, Australia. .... more>>
C&A to open sustainable fashion museum in Amsterdam
C&A to open sustainable fashion museum in Amsterdam   19 Sep 2018

Retailer C&A is set to open a fashion museum in October, with the new attraction in Amsterdam, Netherlands, to be focussed on circular and sustainable .... more>>
New York’s largest state park to open in Brooklyn in 2019
New York’s largest state park to open in Brooklyn in 2019   19 Sep 2018

New York State governor Andrew Cuomo has announced that the first phase of a landmark project to open the region's largest state park will be .... more>>
Company profile


Ridgeway Furniture Manufacturing Limited

Our commitment is to manufacture and install all products directly to clients, fully meeting and beating their expectations.

View full profile>>

Catalogue gallery


Featured Supplier

 Elemental Herbology launches  new Coconut Shell Cream Body Scrub Treatment

Elemental Herbology launches new Coconut Shell Cream Body Scrub Treatment

Elemental Herbology is delighted to announce a new, full-body exfoliating treatment designed to gently buff and polish, for healthy, glowing skin. More>>




in this issue

• PHE: prevention key to NHS strategy
• Jetts Fitness targets further UK growth
• GNH merges with Hotel Partnership



World Leisure jobs




Lifeguards
Salary: Competitive
Location: Stratford-upon-Avon, UK
Company: Everyone Active
Pool Attendant / Lifeguard
Salary: £20,286 per annum + benefits
Location: Hurlingham Club, London, UK
Company: Hurlingham Club
Recreation Assistant (Lifeguard)
Salary: Up to £16,187 per annum (39 hours a weeks pro rata
Location: Penrith, Cumbria, UK
Company: GLL
Recreation Assistant (Lifeguard)
Salary: Up to £8.75 per hour
Location: Manchester, UK
Company: GLL
Diary dates
Powered by leisurediary.com




24 Apr - 26 Nov 2018

MAPIC Russia

Expocentre, Moscow, Russia


16-19 Sep 2018

Decorex International 2018

Syon Park, London,



Leisure Management magazine 2018 issue 1
Leisure Management
2018 issue 1

View issue contents
View on turning pages
Download PDF
  Editor’s letter: Mental health
Liz Terry shares her thoughts More>>
  Interview: Louis D’Amore
Louis D’Amore on the work of the International Institute for Peace through Tourism More>>


Leisure Management magazine 2016 issue 1

Leisure Management
2016 issue 1

View issue contents
View turning pages
Download PDF
  Green space: Space age
With land at a premium, the definition of public parks and green space is evolving More>>
  Talking Point: Cruise control
The cruise industry is expanding, but concerns are growing about pollution More>>


Published by The Leisure Media Company Ltd Portmill House, Portmill Lane, Hitchin, Herts SG5 1DJ. Tel: +44 (0)1462 431385 | Contact us | About us | © Cybertrek Ltd