MOTHERWELL FC are looking for £1.5 million from fans to help secure the future of the club and kick off a ‘groundbreaking’ ownership scheme.
Ambitious plans which would ultimately see supporters take control of the SPL outfit were unveiled this week.
The club expect some backers to inject as much as £25,000 into The Well Society.
Around 200 fans attended a meeting at Strathclyde Park’s Alona Hotel on Monday night when details of the new membership scheme were outlined.
And the proposals got an enthusiastic reception, with many fans happy to pay £300 for a first year basic membership and £50 a year thereafter.
The move follows the departure in the summer of club chairman and majority shareholder John Boyle.
He is thought to have invested £10 million of his own money to keep the club afloat in recent years.
Mr Boyle has gifted his shares to an independent trust and these will be transferred to The Well Society when it is established fully.
Motherwell’s directors say they don’t want to be relying on a benefactor like Mr Boyle in future and reckon the new structure will lead to a sustainable, community-owned club.
For full story, see this week’s Motherwell Times, dated Thursday, September 8.