Stevenage FC chairman Phil Wallace to host second Q&A tonight about North Stand investment scheme

Stevenage FC chairman Phil Wallace speaking about the investment scheme for the North Stand. Picture

Stevenage FC chairman Phil Wallace speaking about the investment scheme for the North Stand. Picture: Stevenage FC - Credit: Archant

Stevenage FC chairman Phil Wallace is holding a second Q&A session tonight, when supporters will have the chance to quiz him on the investment scheme for the new North Stand.

The session will take place from 7pm at the club’s Broadhall Suite, where Wallace will be answering questions about the League 2 outfit’s innovative mini-bond scheme.

It is the second such event in just over a week for the chairman, following the launch of Stevenage FC’s ‘Shoulder to Shoulder’ campaign on July 17.

So far the club has raised £208,000 of the £500,000 needed to help pay for a revelopment of the North Stand at the Lamex Stadium.

Under the scheme, supporters can invest anything from £500 to £25,000 – with four per cent interest paid annually over a five-year period before the original investment is returned in full. There is also an option to receive eight per cent in interest, in the form of a club credit.

If you can’t attend tonight’s Q&A but want to know more, see www.tifosy.com/stevenagefc.


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