Fan Owned Club

Fan Owned Club

Early Stage

Giving everyday fans a chance to own a piece of a European soccer club

Giving everyday fans a chance to own a piece of a European soccer club

Overview

Raised this Round: Raised: $544,000

Total Commitments ($USD)

Platform

Wefunder

Start Date

09/18/2023

Close Date

12/13/2023

Min. Goal
$50,000
Max. Goal
$544,000
Min. Investment

$220

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$10.00

Pre-Money Valuation

$34,872,390

Year Founded

1969

Industry

Media, Entertainment & Publishing

Tech Sector

Non-Tech

Location

Nashville, Tennessee

Fan Owned Club, with a valuation of $34.87 million, is raising funds on Wefunder. The club is an association of fans, shareholders, and owners of professional soccer clubs. Membership in the Fan Owned Club gives members access to and participation in critical operational and strategic decisions of the club, starting with the first club, FC Pinzgau Saalfelden. Steve Paris founded Fan Owned Club in March 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $544,000. The campaign proceeds will be used for players and staff, fan owner experience, operating expenses, marketing, and debt repayment.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$10,379

$0

COGS

$3,667

$14,468

Tax

$5,061

$9,250

 

 

Net Income

$-329,814

$-260,614

Summary Balance Sheet

FY 2022 FY 2021

Cash

$33,618

$30,432

Accounts Receivable

$0

$0

Total Assets

$1,919,749

$2,023,393

Short-Term Debt

$795,361

$660,351

Long-Term Debt

$245,500

$250,000

Total Liabilities

$1,040,861

$910,351

Financials as of: 09/18/2023
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Fan Owned Club 12/12/2023 Wefunder $34,872,390 $544,000 Equity - Common Funded RegCF
Fan Owned Club 12/19/2022 Wefunder $28,127,250 $130,701 Equity - Common Funded RegCF
Fan Owned Club 04/21/2021 Wefunder $26,300,000 $358,200 Equity - Common Funded RegCF
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Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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Founder Profile

Steve Paris' Vision: Fans as Club Co-Owners

Fan Owned Club, led by Steve Paris, is changing how fans interact with their favorite sports teams. Starting with Austria’s FC Pinzgau Saalfelden, fans can own a piece of the club, receive insider perks, and even give strategic insight into how the club is managed. Fan Owned Club has recently extended its reach into Ireland and plans to launch a +Fan platform soon. This platform will facilitate broader fan ownership for clubs and extend beyond soccer.

In our conversation with Steve, we dove into his growth strategy, exploring how Fan Owned Club can catalyze increased revenue for teams. We discussed the unique aspects of this opportunity as well as what inspired it.

Read Founder Interview

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Add to portfolio
Fan Owned Club on Wefunder 2023
Platform: Wefunder
Security Type: Equity - Common
Valuation: $34,872,390
Price per Share: $10.00

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Follow Fan Owned Club on Wefunder 2023

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Warning: according to the close date for this deal, Fan Owned Club may no longer be accepting investments.

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