Buying the football club
- As soon MyFootballClub has received membership fees from 50,000, the process of identifying the best club to purchase on behalf of its members will begin.
- Due diligence will begin with the club with most votes, and so on until the most suitable and feasible club is identified.
- MyFootballClub will use the money raised by membership fees to purchase this football club. All shares purchased will be given to the club's Industrial and Provident Society. MyFootballClub members own this Industrial and Provident Society, and therefore own an equal share and have an equal say in the running of the football club.
Criteria for choosing the club
- 51% or more of the football club shares can be bought with the Purchase Fund.
- There is none, or a manageable debt.
- The club has the potential to reach the Premiership.
STEP-BY-STEP
create football history

REGISTRATIONS:
53,051
last updated: 31/07/07
PURCHASE FUND:
£ 1,375,000
With 50,000 members