After much deliberation, I’ve decided to no longer contribute to Club 1872.
I don’t think that it’s too much of a stretch to say that recent announcements are a bit of a kick in the teeth to our current wealthy investors, who are all loyal supporters like you and I.
If I’d invested the sums of money these shareholders had, I’d be concerned that a fans’ group could soon have a majority say in the club I’ve heavily invested in.
For me, the not inconsiderable sum of £13 million would do a lot more good going to the club than any individual.
And I say that as a big Dave King fan.
That the Club 1872 fans’ group seems to be extremely poorly run would only add to my concerns.
As someone who has contributed each month to Club 1872 for a long time, the King news just doesn’t sit right with me.
Club 1872 members were polled recently to ascertain interest in a much smaller shares purchase, yet there is no such similar poll for a potentially much larger purchase.
How can this be?
Our club desperately needs money – and, as a Club 1872 member, I’d far rather our money went towards new shares, so the £13 million that has been suggested goes to the club.
And I’m quite sure the current board would be very receptive to such a move.
King has every right to sell his shares – and I’ll be eternally grateful for all his efforts – but I think this is a terrible move.
I trust King enough to be able to sell his shares to other investors who would have RFC’s best interests at heart.
Apologies if this seems overly dramatic, but I can no longer support Club 1872 on this new path they’ve chosen without even consulting members.
Any money I’ll be spending from now on will exclusively be going direct to the club.
I appreciate some may think this is a ‘look at me’ post – it’s not... and I also appreciate that some may question the need for a new thread – but I think that people deciding to walk away from Club 1872 in light of recent events is reason enough for a thread in its own right.
Anyone else feel similar?