SUPPORTERS TRUST HELPS OUT CLUB SHOP
The Raith Supporters Trust was recently approached by the Supporters Club to help provide working capital to enable them to purchase additional stock. The lack of working capital and subsequent lack of stock in the Club Shop had arisen due to a situation out – with the control of the Supporters Club.
We believe the Supporters Club perform a very important function in runningthe club shop on behalf of the football club and therefore the Board of Raith Rovers Supporters Trust unanimously agreed to provide a loan of £1,000 to assist them in purchasing stock for the current season. This loan was provided from funds we had earmarked for investment in the football club later in the season.
The intention is that this investment will assist the Supporters Club in generating enough profit to both repay our initial investment and, over time, establish their own working capital. We will be receiving regular updates from the Supporters Club on the impact of our investment.
We believe that this decision reinforces the positive cooperation between the fan groups at Raith Rovers and will ultimately generate additional income for the Football club. If any members have any questions or comments about this investment then please just get in touch with us through the website, Facebook page or on chairman@raithtrust.org.uk
We would encourage all Trust members to support this initiative by purchasing the exciting new stock that will soon arrive in the Club Shop!
