Norwich City Supporters Trust welcomes the generous offer being made by Michael Foulger to match 'pound for pound' any money not claimed by season ticket holders entitled to a rebate and it is good to know that the “matching” money will be used for strengthening the playing squad
Speaking for the Trust, Mike Reynolds said
“Whilst this is an exceedingly generous offer, evidence from recent meetings and correspondence on a range of websites indicates that there are a large number of season ticket holders who, as a matter of principle, wish to receive their “relegation rebate” but do not wish to further damage the Club’s finances.
To these people the Trust offers a means to do just this by passing their rebate to Norwich City Supporters Trust who in turn will use the rebate to buy further shares in the Football Club thus increasing the fans stake-holding in the Club and providing greater empowerment for the fans”
The Club has previously said that a Fans’ Director on the Board would not work but if the disgruntled Season Ticket holders did as we suggest with their rebate, the Trust would considerably increase it’s shareholding in the Club.
It is often said that Fan Directors can only work in the lower leagues, well that is where we are and we believe it is time for the Club to seriously consider our request for a democratically elected fan on the Board of Norwich City Football Club.