Date:Friday November 16 2007
Rotherham United have launched a scheme, what is thought to be the first of it's kind in English professional football.
The idea is that local businesses invest in the young players at Rotherham United, players like Stephen Brogan, Marc Newsham, Jamie Yates, and pay part of their wages and in return they would get a percentage of any transfer fee if the players are sold on.
The scheme is the idea of commercial manager, Tony Styles and commercial director, Gary Hall and has already been approved by the Football League.
'The idea came to us when we were trying to negotiate a new contract with Will Hoskins last year,' Gary Hall told The Advertiser. 'A firm said they would be interested in paying part of his wages but he was sold to Watford before anything could be arranged.
'We thought that a scheme could be set up where companies, or individuals, invest in a player by paying a proportion of his wages on a weekly or monthly basis and receive a part of any future transfer in return.
'Looking at the Youth policy Mark Robins has set up here, we think it's a fantastic investment opportunity and of course the younger the player the more chance investors have of getting something back.
Anyone supporting the 'Invest in a Player' scheme will help free up money for other things and we guarantee it won't be frittered away - it will go back into the player budget for additional strengthening.'
The proportion of the transfer fee the investors receive would depend on their level of financial commitment. Other 'perks' of investing in a player would be:
the services of the player for any PR work on behalf of your company
Executive tickets for Rotherham United games
Interaction with the club and Board of directors regarding the player and discussions in any transfer talks
Hall went on to say, 'We have cut costs as much as we can at the club and now want to start bringing more income in and this seems to be an innovative and refreshing way of doing it.'
If you are interested in the scheme and want to know more the club are inviting past and present sponsors to the Rotherham United Suite on Thursday, 6th December and will start at 5.30pm with a drinks reception followed by a presentation at 6 pm. Both Mark Robins and John Breckin will be attending in conjunction with Rotherham Chamber.
Tony Styles said, 'this is a chance for businesses to hear what we can do for them and what they can do for us. There are all sorts of sponsorship opportunitites available.'
Anyone interested in the 'Invest in a Player' scheme or in attending the event on 6 December can contact Tony Styles on 01709 512760
Date:Friday November 16 2007
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