16 Oct chattanooga fc stock
The National Premier Soccer League is an amateur soccer league in the U.S, with 98 clubs competing in cities from Tacoma to Miami. After many weeks of anticipation, May 25th is upon us and we are gearing up to host world-renowned Real Betis! By eschewing a franchise model for a community-based model, we've proudly introduced thousands of people to soccer for the first time. That gives us meaningful ownership and meaningful control of the team's destiny. We've got a lot of equity built up with our fans, I think because we’ve always tried not to be extractive, and price things fairly. Shareholders will vote to appoint a Director, who will sit on our Board of Directors; with full voting rights. Marshall Brock is a Wealth Advisor at Keel Point. A successful raise will set an example and pave the way for other clubs and cities across America. I was brought up in a country with a completely different system to what it is here.
Interested in Sports? So as I said, Finley is home for now, but we’d love to start exploring some alternate sites for exhibition games and dates where we might have a scheduling conflict at Finley. 10%-- marketing And while our focus is always local, we hope our offering inspires a wave of supporter ownership across the U.S, changing the landscape of American soccer by connecting teams with fans and the communities that love them.
At that point, we knew we were onto something. You can buy a share for yourself, your family, or your friends. They have slightly different areas of expertise. How do you build a great team that fans are going to want to follow? The Company believes that a change to a new league will increase revenues but the change is also expected to increase costs including payroll for professional players, travel costs, administrative and front offices costs and other costs related to a longer playing season. As Chattanooga Football Club enters a new era of growth, we’re inviting you to invest in our future and own part of the team. Peter Woolcock: I’m Peter Woolcock and I'm the director of Operation Get Active, a youth sports program from the Chattanooga Football Club Foundation. We know people form emotional connections with teams, and we've got plenty of fans with tattoos of our logo, which is the highest compliment, really. ", He said the vision for CFC is to last "over 100 years" and help "lead the way in American soccer.".
Then it becomes a flywheel effect when they bring friends, but it is more about the community and about expressing their love than it is about the game itself. Prior to the hiring of an executive, the Company was profitable. All rights reserved. The current lease is a 2 year commitment with an option for a 1 year extension through the 2021 season. We started playing soccer in the National Premier Soccer League, and from the beginning, we wanted to play competitive soccer in front of as many fans as we could attract. By selling equity shares, we’re expanding our commitment to Chattanooga and our fans, so that when Chattanooga Football Club wins, we all win. 5% -- Wefunder Intermediary fee.
Are you the only soccer team in the area? People should understand that our community-based model is an existential threat to the franchise model. Although the club feels strongly that its fan loyalty will sustain its business model, there is a risk of lower attendance and revenue due to the competition from the new club. The other thing would be the stadium issue. Managing Director @ Chattanooga Football Club, Co-Founder / Board Member @ Chattanooga Football Club, Chairman of the Board, Co-Founder, Board Member @ Chattanooga Football Club, 471 startups have raised $171,944,550 on Wefunder. Wefunder supports three different federal laws that allow startups to raise money legally. The grassroots club that has drawn a single-game attendance exceeding 18,000 continues to surpass its goals. We're up to $10 now, but part of this process will be to convert from a C-Corp to a Benefit Corp, because the fact is that we're not trying to wring every last dollar out of our fans. This is just the way soccer is done in the rest of the world. And of course, with another team (USL D3 Chattanooga Red Wolves SC) coming in here to try to capitalize on our success, there is a chance they siphon off some of our fan base, which would make our business model more difficult that would hurt our revenue.
Our average attendance last year was almost 4,000, and that was an off year.
Copyright © 2020, Chattanooga Times Free Press, Inc. Wouldn't it be cool if we could start a team in Chattanooga?" For example, stadium leasing fees, administrative costs, costs due to expansion into a new league among others may all be larger than expected. With the experience gained over the last 10 seasons, we've established our place in the landscape of American soccer and are ready to move to the next level. Risks Related to a Change of League. We're seeing some real talent in our community. Is it possible to do more than that? Paul Rustand is a part-time officer. Chattanooga FC Women, Chattanooga FC Academy, Chattanooga FC Foundation, Highland Park Commons, Chattanooga Sports Ministries, and Operation Get Active are ways we’ve engaged, invested in, and enriched our community since 2009. We feel very strongly that it’s not only the right thing to do in general terms, but it’s the only way that American soccer is going to reach its full potential. Increased costs may negatively impact the profitability of the Company if anticipated revenues related to the change of league are not met. We do occasionally have one represented by a third party ad firm that wants to know how many eyeballs they got and how many clicks the website got. We are excited to announce that the NPSL Southeast Conference Playoffs will be held in Chattanooga on July 12th and 13th... Real Betis of La Liga came to Finley Stadium last night for an international exhibition game against our boys in blue. Chattanooga Football Club shares have financial rights and come with voting privileges, investor updates, and special owner perks. Chattanooga FC Women, Chattanooga FC Academy, Chattanooga FC Foundation, Highland Park Commons, Chattanooga Sports Ministries, and Operation Get Active are ways we’ve engaged, invested in, and enriched our community since 2009. There's even more that we want to accomplish, but we'll need to do it our way, and we'll need your help.
People are surprised to learn Nashville has a hockey team. Our original business plan hoped for an average of 500 fans per game. The easiest way for people to understand that is a baseball analogy. In just over 24 hours, we have 991 new owners and have raised over $250,000 for club operations, which our friends at WeFunder tell us is one of the most phe... Privacy: We won’t share your data, or post to your wall, without your permission.
There are a lot of people who are frustrated with the status quo in American soccer. Even to the extent that the Company’s intellectual property rights are valid, enforcing those rights could involve costly legal processes that the Company may not be able to bring to a successful conclusion. Peter: We have the ability to keep our ticket prices relatively low compared to another professional team that has to pay big franchise fees and all the rest of it.
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