Latest News - 22/02/2025

Landmark Community Share Offer

Annan Athletic are today launching our ambitious new community share offer – with the aim of raising £100,000 during the initial launch.

The club is offering supporters the chance to buy shares in blocks of £5,000 between now and March 22 as part of ongoing work to strengthen our financial stability, but also give us a platform to grow all aspects of the club for future generations.

It is the biggest single revenue-raising drive since we became a community benefit society in 2017 and mirrors the commitment made by our Life Members, who provided the platform for success during the 1980’s.

Chairman Russell Brown said: “Our fans are the beating heart of Annan Athletic. They are the owners and custodians of our club. The board, management and players are grateful for their tremendous support, in every possible way.

“This exciting community share offer creates an opportunity for those who wish to invest further in the club – and the wider community – by helping us build a solid base from which our future sustainability and success can develop.”

The cash injection will provide the financial foundation for a new strategic blueprint that will not only drive the club’s ambitions to progress on the pitch, but off it too.

Russell added: “It’s no secret that football clubs up and down the country are grappling with financial challenges. Annan Athletic is no different. It’s difficult and we have to manage our budget very carefully. But this share offer will provide us with further stability.

“We want to build on the historic success of securing promotion to League One last year by progressing further as an SPFL club on the pitch – as well as growing our wider work to improve lives through football.”

That business plan includes supporting the SPFL squad to be the best version it can be but also aligns with supporting the club’s associated women’s, youth, community, walking and wider inclusive football programmes, along with other community-focussed health and wellbeing initiatives.

Upgrades at Galabank are also planned – including improving parking at the north end of the ground, installing solar panels to make its power supply self-sufficient, expanding changing facilities, improving spectator areas and creating a fan zone to enhance the matchday experience.

The new initiative will not change the club’s one member, one vote shareholder governance structure.

Community share offer investors will, however, be granted Life Member status and become part of Club 1942, a new group – named in honour of the year the Black-and-Golds were founded – which will recognise their contribution.

Club secretary Susan Bryson added: “Investing in Annan Athletic means investing in something bigger than a football club. It means supporting a community hub, which we hope makes a real difference to the people of our town and the wider area.

“As volunteers on the board, we want to build that community benefit – and the enjoyment that being part of the club brings to so many people, in so many ways. We’d encourage anyone interested in finding out more to get in-touch.”