Quote Of The Day

"Victory goes to the player who makes the next-to-last mistake - Chessmaster Savielly Grigorievitch Tartakower (1887-1956)"

Thursday, February 10, 2011

Arsenal Fanshare...

Arsenal crestImage via Wikipedia
I have just joined the Arsenal Fanshare scheme. So I now own a bit - a very little bit - of Arsenal Holdings Plc. Arsenal Holdings Plc own Arsenal Football Club. I'm investing £50 a month - which after deducting 2% admin charge (£1) - that then puts £49 towards buying a Fanshare. Fanshare's are 1/100 of the price of a full share - currently £11,500 - so coming in at £115 each. That means every couple of months I'll be buying 1 Fanshare. At that rate in about 19 years I'd own 100 Fanshares and my membership status would be converted so that I'd receive a guaranteed place at the AGM and the full voting rights for one share, equivalent to being a shareholder.

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