To be fair it was interesting reading something positive about them .
Obviously the supporter sees the bond issue as a way to involve the fans and locals.
Personally I wouldn’t be able to get involved in that way financially, I don’t have enough spare.
And while I do applaud a sensible self sufficient strategy, I feel that the owners should be responsible for infrastructure, at the very least .
If they want to involve supporters in investing in the club , then those supporters should also have some influence in the decision making afterwards.
Otherwise it’s a bit of confidence trick .
It would be interesting to read the opinion of some of the other clubs they own to give some balance.
"The fans are the club"
"The club is nothing without the fans"
"Not just customers"
"The owners are only custodians"
"The fans have the right, etc"
But the owners should pay for everything and do exactly what the fans say.
Theres 40,000 match going fans, and that is a fraction of the many more who can't, don't, won't. We know that many probably struggle financially, especially in these times. But there are also many more who are very well off, as seen by uptake in lounge seats that are expensive and require a 3 year commitment, and others who have already invested or lent money to the club.
Everton have 3m followers on Instagram, im not on other socials, so dont have the numbers, but a very simplistic take is if you can get an average of £200 from those followers alone, the stadium is paid for.
All ive heard recently is how fans have a right to say what they want and Boo DCL off the pitch concussed and looking like the elephant man, all because they spend so much money. £200 is a fraction of what it costs to travel home and away to watch Everton, and thats without spends on ale etc.
There is, even in the current climate, a seemingly large capacity to spend in our fan base and beyond, and if done right, it is a sensible and sustainable way of rasing funds and letting the fans become more involved.
TLDR, I think its a good idea. As long as its legit and not a money grab/excuse for owners to not invest themselves.