1874 syndicate (of the National Lottery variety!)
I have pitched this idea to a few people and it seemed well received.
One of the issues of some fund raising ideas is leg work, in that getting someone to chase and collect money. Another issue is financial exposure with regards to how much will it cost the fan. Another issue, sometimes, is whether there is any reward for the indivdual taking part, bearing in mind that the individual probably already contributes in other fundraising schemes.
This idea ticks both those boxes.
I propose that the club run a National Lottery syndicate with the following criteria.
The syndicate runs for each Saturday of the football season - rough guess 34 weeks next year, which at £2 per week cost each fan a maximum of £68
The £ 68 has to be paid in full at least a week before the start of the season.
At the end of the season half the profit goes to the club, the other half split between the participants.
Bit of fun.
Guranteed profit for the club.
Who knows!!!!!!!!!
Thanks Nigel for looking at other ways to raise monies for for fantastic football club. I will start by saying as i am the elected board member for this area i have been asked to evaluate this idea and opportunity.
looking at your suggestion indicates that if we started on August 8th & ran this competition up till 24th April 2027 ( the football season) then at the proposal of £2.00 per week & 38 Saturday night draws the supporters / fans / members would spend an initial upfront payment of £76.00 .
As there are 59 balls to sell then ideally we need 59 members or at the very least to sell all the balls .
59 x 2 x 38 would mean a total of £4484 generated income.
If we based that on a 50/50 split then we are looking at £2242 net income for 1874 FC
If you were a beneficiary of a winning bonus ball number your first winnings are £59 so to benefit from this game you have to win twice to be in profit yourself .
We currently run a Golden Goal away scheme for league matches which has 90 minutes permutations . The idea being each minute is owned by the fans. supporters / members . As this fundraiser is linked to the 21 league games 1874 will play next year and if we use the £2.00 per game scenario then the outlay for entry is upfront payment £42.00
Same rules apply 90 x 2 x 21 = £3780.00
Here we have used a 60/40 winning ratio being 60% profit for the club £ 2268 and 40% winnings £1512
If you are a beneficiary of a winning minute your first win is £72.00. which means whilst the odds are slightly worse here 1:90 versus 1:59 the rewards are greater whilst generating the same income for the football club.
You have of course hit home on leg work required and participants to play and last year we only sold 45 minutes meaning this scheme whilst an excellent fundraiser was diminished by lack of support , willing to play, turning a blind eye, or simply cant afford the outlay.
I appreciate the economy is tight , and we do have a knack of asking the same people all the time .
New money is definitely required.
In summary I would like to run both schemes but if we had to sell out on one first then i would pick the Golden Goal Away scheme first and foremost as it hits the same targets as the proposal suggested but requires less initial outlay for our customers and rewards are greater if you win.
The world Cup sweepstake has just sold out so this year's Golden Goal Away scheme 26/27 will go on sale at the end of May, please come and support .... £42 upfront payment .
Whilst looking at the opportunities could we go Golden Goal Home ticket increase to £2.00 ?