LUST confirm supporters investment plans

[Lee]

So Gary Cooper (BIG) been on Radio Leeds tonight talking about a proposed investment scheme to allow the fans to buy into the club and has tweeted something very interesting.

LUFC Trust ‏@lufctrust 3h
The Trust can confirm a matched funding offer has been made for investment. If supporters invest £2m + £2m = £4m total #lufc #twitterwhites

Now clearly this is very early days but I for one am very interested in some form of investment but a few questions do spring to mind.

Who's the financial backer
Are all shares equal
Will the current owners even be willing to sell us shares
Wouldnt a share in ER be a safer bet rather than the club itself.

It appears to be a lot of conjecture at the moment but as is usually the case with Leeds there appears to be more questions than answers

[dlw10]

I would have to control myself this time...I invested in Leeds shares when they were last availalble.....and lost a small fortune!

[NottinghamWhite]

Isn't this what Swansea have done where the fans own a 20% share of the club ?

[Barlow Boy]

As Lee says, a lot of questions would need to be answered but I would definitely be interested in this.

[Mellor]

Is this where LUST end up representing (fan) share holders in the boardroom? Given that fans don't invest to make money - we invest either to save the club (is that what happened at Swansea?) or to influence events I'm assuming this is about power (influence).

As a season ticket holder I consider myself an investor in the saving the club sense already - anyone who buys a ticket is - and £2 million from fans won't make a big difference (will it?).

So do I want to invest in putting LUST on the board?

As others have said, more info required.

[dlw10]

Having re read the tweet I get the impression this would be specifically for LUST members and as Mellor suggests that would be akin to giving LUST a voice. Watch this space I guess.

[vikingleeds]

they have just come out with bit more info on their site lufctrust.squarespace.com/blog/2013/11/15/lust-fan-share-update-matched-funds.html
not much more appart from some wealthy investor dobbeling the sum and they allready have raised a six figure sum

[dlw10]

Yeah, done a bit of research and realise this isnt new at all -the following article came out early October and confirms it is not a general opportunity for fans to invest but an idea to get LUST as a shareholder to wield influence.

http://www.yorkshireeveningpost.co.uk/s ... -1-6116985

[Sheepy]

Interesting, and as others have said, we need to know more details.

I personally would be interested but to be honest, the season ticket and away matches take the bulk of my available income.

[Deleted User 1076]

Where is this "matching money" coming from and why haven't they just invested anyway?