Belfast Telegraph

Friday 24 October 2014

Tomlinson in club fundraising move

Louis Tomlinson has bought Doncaster Rovers FC with the club's former chairman
GLASGOW, SCOTLAND - MAY 24:  One Direction perform live at Radio 1's Big Weekend at Glasgow Green on May 24, 2014 in Glasgow, Scotland.  (Photo by Dave J Hogan/Getty Images)
One Direction

One Direction star Louis Tomlinson has launched a "crowdfunding" campaign to help bankroll his aim to take his new football club to the top.

The singer's deal to take over Doncaster Rovers alongside former chairman John Ryan was has been completed.

Now they are hoping to attract £2 million from supporters to help bring success to the League One club in what is thought to be one of the biggest crowdfunding projects started in the UK.

Louis, 22, who was at the centre of controversy last month after footage emerged seeming to show him and bandmate Zayn Malik smoking cannabis, is a lifelong Doncaster fan and played for their reserve team earlier this year.

After the joint takeover was confirmed today, he set out his goals for the club - which include lifting them into the lucrative Premier League.

"I think anything is possible and there's no point stumping your ambitions," he said.

"We are very ambitious and we're very enthusiastic - we're going to do the best we can and see where that takes us.

"I want to see the Doncaster Rovers supporters get the club the success it deserves. I grew up in Doncaster and have felt the love for football run through the town."

The pair have set up the Tomlinson Ryan Trust, which is putting in a six-figure sum as part of the crowdfunding campaign.

The trust's objectives for the club include:

:: Achieving Premier League status "by careful promotion, support, finance, and investment via its holding company"

:: Building a "high-quality" playing squad

:: Expanding the club's supporter base in the UK and internationally

:: Helping supporters obtain direct ownership of up to 5% of the club

:: Growing the Doncaster Rovers brand

:: Embracing and supporting youth development and sports activities generally.

In return for pledges of cash, those who give to the crowdfunding campaign will be offered rewards including a place on a newly formed "Club 28", which gives them the chance to have a say in the future of the club. Other incentives include a range of Club 28 merchandise.

Crowdfunding rules mean money will be returned to donors if the £2 million target is not reached, while rewards are only released if the goal is achieved.

Many of One Direction's army of teenage fans will not be able to offer their support - donations are only accepted from people who are aged over 18.

Last month One Direction were named fourth in the Sunday Times Rich List of young musicians with an estimated fortune of £14 million each and a combined wealth of £70 million.

Louis's bid to take over the club was delayed previously because of snags related to his image rights, which are owned by his management team and would entitle them to a share of any money generated from the use of his image or name.

They believe that interest in the club will increase as a result of Louis's ownership and it is understood they battled for a share of any extra revenue made through merchandise and extra ticket sales.

The latest developments drew a sceptical reaction from Doncaster fans.

Writing on a supporters' forum, one wrote: "I'm horrified if this is the future of the club, if they don't have the funds to support the club independently then why buy it."

Another comment said: "I'm horrified at the concept of this. We have been sold down the river."

One added: "There is no way we will raise 2m!"

Some were more willing to give the project time. "Lets not jump to conclusions just yet," wrote one follower. "But questions need to be answered, I feel."

Another said: "I personally think it's a good idea. The crowd funding gifts seem to be solely aimed at 1D fans. It's a good way of the club getting money from 1D fans around the world."

Crowdfunder.co.uk managing director Phil Geraghty hailed campaign as "really exciting".

COMMENT RULES: Comments that are judged to be defamatory, abusive or in bad taste are not acceptable and contributors who consistently fall below certain criteria will be permanently blacklisted. The moderator will not enter into debate with individual contributors and the moderator’s decision is final. It is Belfast Telegraph policy to close comments on court cases, tribunals and active legal investigations. We may also close comments on articles which are being targeted for abuse. Problems with commenting? customercare@belfasttelegraph.co.uk

Nightlife Galleries

More

Latest Entertainment News

Latest Music News

Latest Film & TV News

Latest Eating Out News

Horoscopes

Your Horoscopes by Russell Grant

Scorpio:

You should be justifiably proud of your progress. It isn't easy to break a bad habit, but you've managed to do so. A perverse side of your personality may tempt you to fall back on the old ways, just to give yourself another challenge. Ignore these impulses. Channel your energy in a positive direction instead. Learning to make clothes, furniture or jewellery will be a great use of your creative ability. You'll be especially successful if you use old, discarded materials in your work.More