REDS RISE TOGETHER CAMPAIGN REACHES NEW OWNERS MILESTONE

REDS RISE TOGETHER CAMPAIGN REACHES NEW OWNERS MILESTONE

by | May 9, 2023

More than 500 people have now pledged their support for the Reds Rise Together campaign – Salford Red Devils’ community share offer that bids to secure the Reds as the first elite Rugby League team to become wholly community owned.

Paul King, Managing Director of Salford Red Devils said:

“We’re delighted to reach this special milestone and are excited to see where we can go from here. This is a significant moment in the campaign – with over 500 people supporting our efforts to become the first elite rugby league club to be community owned.

“Despite this, we are seeing a slight decline in pledges per day, so we’re very keen to turn that around. Our win against Leeds Rhinos saw a spike in pledges – so thank you to those who have supported us so far.

“For us to reach our upper targets, the support of businesses is almost certainly a necessity, so we’d encourage any such individuals to come and get involved, have a conversation with us, and pull together as one Salford.”

Head coach, Paul Rowley, also spoke to the efforts of those involved already as well as to the importance of businesses getting involved ahead of our victory against Leeds Rhinos.

“It doesn’t surprise me one bit with the supporters. They use the line ‘give us your heart and we’ll give you ours’…and that’s just another example of that.

“What we need now is the businesses to come forward and really knock the ball out of the park. This club can then not only sustain where we are at, but move forward and progress and invest in the infrastructure of the club, in turn generating more income.

“It means so much to so many people and it doesn’t go amiss with myself, the coaches, and with the players so we’re really humbled by it.”

What is the campaign?

‘Reds Rise Together’ is a community share offer which allows an individual to purchase a share in the club’s holding company – now a Community Benefit Society (CBS) – entitling them to a vote and eligibility to stand for election to the CBS board. Along with a host of other benefits, the overriding benefit is a collective one, meaning that together, we can take better control over the future of our club and continue to add meaningful value to our communities.

Why are we doing it?

In the first instance, we are doing this to become the northern hemisphere’s first elite rugby league club that is truly community-owned and one that gives every member a voice – making history in the process. There are also further key reasons:

Maintain as competitive a playing squad as possible that compete at the highest level.

To unite our growing community behind a common-cause.

Fulfil IMG criteria ensuring Category A status within the top-flight of Super League through high level Commercial and Marketing growth.

How can you get involved?

It’s simple: buy a share and/or share the message far and wide!

To get involved or for further information, please view www.salfordreddevils.net/owntheclub, or to contribute directly, visit https://www.crowdfunder.co.uk/p/salford-red-devils

Let’s make history. Together. #RedsRiseTogether

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