Salford Red Devils announce incredible final total to become the first SL club to be wholly community owned

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josie andrews
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Salford Red Devils announce incredible final total to become the first SL club to be wholly community owned

Post by josie andrews »

SALFORD RED DEVILS have announced the grand total of their Reds Rise Together Campaign after an incredible six weeks for the Super League club.

Back in late April, the Red Devils announced their intention to become the first wholly community-owned top-flight club.

The ‘Reds Rise Together’ campaign was described as a community share offer which would allow an individual to purchase a share in the club’s holding company – now a Community Benefit Society (CBS).

That then entitles them to a vote and eligibility to stand for election to the CBS board. With a target of £250,000, the club has smashed that record by over 100,000.

The Salford Twitter account posted: “𝗧𝗵𝗲 𝙘𝙖𝙢𝙥𝙖𝙞𝙜𝙣 𝙝𝙖𝙨 𝙣𝙤𝙬 𝙘𝙡𝙤𝙨𝙚𝙙… 👹 A phenomenal £364,270 has been raised. Thank you to all of our new owners for making history with 𝙮𝙤𝙪𝙧 club.”

Previously, the club had outlined their reasoning behind the move stating:

We are doing this to become the northern hemisphere’s first elite rugby league club that is truly community-owned and one that gives every member a voice – making history in the process. There are also further key reasons:

“1) Maintain as competitive a playing squad as possible that compete at the highest level.

“2) To unite our growing community behind a common-cause.

“3) Fulfil IMG criteria ensuring Category A status within the top-flight of Super League through high level Commercial and Marketing growth.”

https://www.totalrl.com/salford-red-dev ... ity-owned/
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Mike
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Re: Salford Red Devils announce incredible final total to become the first SL club to be wholly community owned

Post by Mike »

There's still some community spirit behind Salford which is great to see. If only they could expand their fan base into the Manchester area in general, they could be force to be reckoned with for the long term. They've got to get their crowds up in the 10K+ every week range IMO.
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the pieman
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Re: Salford Red Devils announce incredible final total to become the first SL club to be wholly community owned

Post by the pieman »

Mike wrote: Tue Jun 06, 2023 9:55 am There's still some community spirit behind Salford which is great to see. If only they could expand their fan base into the Manchester area in general, they could be force to be reckoned with for the long term. They've got to get their crowds up in the 10K+ every week range IMO.
it would be interesting to see how many have actuallly invested, and are they all Salford fans

For just under £400k you only need 4k fans at £100 each to make that figure, so although its good to see, are there enough genuine fans out there to see them get that sort of figure. They have played some good rugby over the last 4-5 seasons now, and not being rewarded with fans turning up to watch

i have a good chat with one of their sponsors most weekends, so have a good idea how things are at Salford in terms of how they are feeling and whats going on
morley pie eater
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Re: Salford Red Devils announce incredible final total to become the first SL club to be wholly community owned

Post by morley pie eater »

the pieman wrote: Tue Jun 06, 2023 4:26 pm
Mike wrote: Tue Jun 06, 2023 9:55 am There's still some community spirit behind Salford which is great to see. If only they could expand their fan base into the Manchester area in general, they could be force to be reckoned with for the long term. They've got to get their crowds up in the 10K+ every week range IMO.
it would be interesting to see how many have actuallly invested, and are they all Salford fans

For just under £400k you only need 4k fans at £100 each to make that figure, so although its good to see, are there enough genuine fans out there to see them get that sort of figure. They have played some good rugby over the last 4-5 seasons now, and not being rewarded with fans turning up to watch

i have a good chat with one of their sponsors most weekends, so have a good idea how things are at Salford in terms of how they are feeling and whats going on
Appreciate what you're saying re Manchester, but it's worth pointing out that the population of Salford is 277,000.

Considering that Wigan Metropolitan Borough has 330,000 and has 2 SL teams with combined attendances around 15,000 (at a guess), I'd say there's plenty scop for Salford itself.
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