THE owners of the two biggest professional sports clubs in Cornwall, the Cornish Pirates Rugby Club and Truro City Football Club, have today opened up their groundbreaking crowdfunding campaign to the general public.
The announcement was confirmed by Kernow Sport Limited, the umbrella company designed to safeguard the future of professional rugby and football in the Duchy.
The crowdfunding campaign provides ordinary members of the public, as well as more established investors, with an opportunity to invest in professional sports in Cornwall.
For the past seven days, private investors who have registered an interest in the campaign have been allowed to put forward investments. This has already meant that 139 separate investors have pledged a total of nearly £218,000. Kernow Sport Ltd have set a target for this campaign of £350,000.
Members of the public are able to invest as little as £10, although there are a series of rewards for higher levels of investment - including exclusive merchandise, a listing on a digital wall of fame, and unique club matchday experiences.
The crowdfunding campaign is being coordinated using the specialist fundraising platform Crowdcube, which is Europe’s largest equity crowdfunding platform allowing ordinary members of the public to buy shares in exciting businesses.
People can now invest on the Crowdcube platform at crowdcube.com/kernowsport
Becki Thomas, Chief Executive Officer at Kernow Sport Ltd, said: "We have been blown away by the level of support shown by our private investors over the past week.
"The time is right for us to now open up this unique and rare opportunity to own your own part of professional sport in Cornwall."
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