Source: Crain's Manchester Business
FC United of Manchester general manager Andy Walsh has admitted that the proposed new 5000 capacity, £3.5m stadium is unlikely to be ready until August 2012...(the rest of the article is behind a pay-wall).
Showing posts with label Crain's Manchester Business. Show all posts
Showing posts with label Crain's Manchester Business. Show all posts
Monday, May 31, 2010
Thursday, March 25, 2010
FC United plans new stadium in Newton Heath
Source: Crain's Manchester Business
11:43 am, March 25, 2010
By Simon Binns
Unibond Premier Division club FC United of Manchester is looking to develop its own 5,000-capacity stadium at Newton Heath in north Manchester.
The supporter-owned club, established in May 2005, is proposing to redevelop the existing Ten Acres Lane sports centre, which is owned by Manchester City Council. The club currently plays its games at Bury FC’s Gigg Lane stadium.
The club, the council and regeneration company New East Manchester have been developing plans during the last two years and consultation with local residents and club members is expected to begin shortly.
The club said it was trying to secure funding for the £3.5m development, through a public appeal for donations, a Community Shares issue and grant funding, and hopes the development will be completed in the next two or three years.
Andy Walsh, general manager at the club, said: “The development will showcase a new model of facility development, based on football supporter ownership and community involvement.”
Manchester City Council’s executive member for leisure, Cllr Mike Amesbury, said: “We have been supportive of this development to date and we are pleased to now take it to the next stage. While there is a way to go yet we feel that this will have significant local community benefits and bring a supporter-owned club to Manchester.”
Eddie Smith, chief executive of New East Manchester, said: "We are working closely with FC United to help achieve their aspirations of acquiring land in Newton Heath for a new football ground. This is still very early stages but we are supportive of their proposals which would bring further regeneration benefits to east Manchester."
11:43 am, March 25, 2010
By Simon Binns
Unibond Premier Division club FC United of Manchester is looking to develop its own 5,000-capacity stadium at Newton Heath in north Manchester.
The supporter-owned club, established in May 2005, is proposing to redevelop the existing Ten Acres Lane sports centre, which is owned by Manchester City Council. The club currently plays its games at Bury FC’s Gigg Lane stadium.
The club, the council and regeneration company New East Manchester have been developing plans during the last two years and consultation with local residents and club members is expected to begin shortly.
The club said it was trying to secure funding for the £3.5m development, through a public appeal for donations, a Community Shares issue and grant funding, and hopes the development will be completed in the next two or three years.
Andy Walsh, general manager at the club, said: “The development will showcase a new model of facility development, based on football supporter ownership and community involvement.”
Manchester City Council’s executive member for leisure, Cllr Mike Amesbury, said: “We have been supportive of this development to date and we are pleased to now take it to the next stage. While there is a way to go yet we feel that this will have significant local community benefits and bring a supporter-owned club to Manchester.”
Eddie Smith, chief executive of New East Manchester, said: "We are working closely with FC United to help achieve their aspirations of acquiring land in Newton Heath for a new football ground. This is still very early stages but we are supportive of their proposals which would bring further regeneration benefits to east Manchester."
Friday, July 03, 2009
FC United picked for community bond fundraising project
Source: Crain's Manchester Business
6:16 pm, July 2, 2009
Fans’ football club FC United of Manchester is one of five community-owned enterprises selected for a government-funded research project into community shares and bonds.
The successful projects will receive a package of funding and consultancy to help them raise more than £10,000 by selling securities to at least twenty people to finance community ventures.
Hugh Rolo, head of assets and investment at the Development Trusts Association (DTA), which is helping to deliver the project, said there was huge potential for using community investment to raise capital rather than increasing the level of debt and risk.
He added: “An increasing number of communities are finding that local people also like the direct proposition of investing in something they can see, touch and benefit from.”
The project is supported Office of the Third Sector’s Social Enterprise Action Learning Fund, the Department for Communities and Local Government is leading an action learning research programme in the field of community shares and bonds. The research programme is being delivered by the DTA and Co-operativesUK, in conjunction with the UK Social Return on Investment network (SROI).
The other four projects chosen are Cybermoor in Alston, Cumbria; Hastings Pier & White Rock Trust; Ashington Community Development Trust, Northumberland; and Slaithwaite Cooperative Ltd (Grocery store), Colne Valley, near Huddersfield.
Pauline Green, Chief Executive of Co-operativesUK, said: “Community investment is about community engagement and this is at the core of the co operative way of business as demonstrated by our members. For example, The Phone Co-op has 6,735 members who have over £1.6m in their share accounts and, in December 2008, local people in Settle in Yorkshire raised £100,000 through a share issue to build a mini hydro-electric scheme in their town. I think other communities will want to follow their example.”
Comments?manchesternews@crain.com
6:16 pm, July 2, 2009
Fans’ football club FC United of Manchester is one of five community-owned enterprises selected for a government-funded research project into community shares and bonds.
The successful projects will receive a package of funding and consultancy to help them raise more than £10,000 by selling securities to at least twenty people to finance community ventures.
Hugh Rolo, head of assets and investment at the Development Trusts Association (DTA), which is helping to deliver the project, said there was huge potential for using community investment to raise capital rather than increasing the level of debt and risk.
He added: “An increasing number of communities are finding that local people also like the direct proposition of investing in something they can see, touch and benefit from.”
The project is supported Office of the Third Sector’s Social Enterprise Action Learning Fund, the Department for Communities and Local Government is leading an action learning research programme in the field of community shares and bonds. The research programme is being delivered by the DTA and Co-operativesUK, in conjunction with the UK Social Return on Investment network (SROI).
The other four projects chosen are Cybermoor in Alston, Cumbria; Hastings Pier & White Rock Trust; Ashington Community Development Trust, Northumberland; and Slaithwaite Cooperative Ltd (Grocery store), Colne Valley, near Huddersfield.
Pauline Green, Chief Executive of Co-operativesUK, said: “Community investment is about community engagement and this is at the core of the co operative way of business as demonstrated by our members. For example, The Phone Co-op has 6,735 members who have over £1.6m in their share accounts and, in December 2008, local people in Settle in Yorkshire raised £100,000 through a share issue to build a mini hydro-electric scheme in their town. I think other communities will want to follow their example.”
Comments?manchesternews@crain.com
Monday, June 29, 2009
Co-op trophy for FC United
Source: Crain's Manchester Business
1:13 pm, June 29, 2009
FC United of Manchester won the award for promotion of co-operative values and principles at the inaugural Co-operative Excellence awards.
The club, set up by fans opposed to the 2005 takeover of the club by Florida-based businessman Malcolm Glazer and his family, is run on co-operative lines.
Ben Reid, chair of Co-operativesUK, said: “FC United of Manchester set out to be a supporter run football club that works with the community, and that is exactly what they have achieved. They are worthy of this award for all they have done to forward understanding of co-operation and co operative values and principles.”
Phil Sheeran, one of 11 directors of FC United who are directly elected by the membership, said: “FC United of Manchester is proud to be constituted as a co-operative in the world of sport and we are very grateful to Co-operativesUK for recognising the club's work and honouring us with this prestigious award.
“Volunteer-led sports clubs provide the backbone of sporting provision in the UK; it is the work undertaken by these mutual organisations and co-operatives that embodies the founding principles and values of the co-operative movement.”
Monday, April 27, 2009
FC United joins co-operative movement
Source: Crain's Manchester Business
Football Club United of Manchester, which is controlled though a supporters’ trust, has become a member of Co-operatives UK.
The UniBond League club, set up by disaffected and disenfranchised Manchester United fans after the Glazer takeover, has been an Industrial and Provident Society since it was first set up in July 2005.
Club members elect the board, decide ticket prices and membership fees on a one-member, one-vote basis.
Andy Walsh, General Manager at FC United says: “We are proud to be an Industrial and Provident Society and it felt like a natural progression to join Co-operatives UK.
“The whole ethos of the club is to let the people who really matter in football – the fans – have a vital role in the way the club is run.”
FC United were placed sixth after Saturday’s matches, just outside the play-off places.
This season has been a good one for supporter-owned clubs. Brentford won the League Two championship with Exeter and Bury vying to join them in being promoted. FC Wimbledon have clinched promotion to the Blue Square Premier League.
Football Club United of Manchester, which is controlled though a supporters’ trust, has become a member of Co-operatives UK.
The UniBond League club, set up by disaffected and disenfranchised Manchester United fans after the Glazer takeover, has been an Industrial and Provident Society since it was first set up in July 2005.
Club members elect the board, decide ticket prices and membership fees on a one-member, one-vote basis.
Andy Walsh, General Manager at FC United says: “We are proud to be an Industrial and Provident Society and it felt like a natural progression to join Co-operatives UK.
“The whole ethos of the club is to let the people who really matter in football – the fans – have a vital role in the way the club is run.”
FC United were placed sixth after Saturday’s matches, just outside the play-off places.
This season has been a good one for supporter-owned clubs. Brentford won the League Two championship with Exeter and Bury vying to join them in being promoted. FC Wimbledon have clinched promotion to the Blue Square Premier League.
Subscribe to:
Posts (Atom)
Posts
