NUST bid to buy a stake in Newcastle United – Remarkable amount raised just 9 weeks in

In a Thursday morning message to Newcastle United fans, the NUST (Newcastle United Supporters Trust) have revealed the ‘remarkable’ total raised so far towards the 1892 pledge scheme.

Just nine weeks into the ambitious initiative that’s bidding to see us, the fans, own a small stake in the club under new owners, the NUST have confirmed that £100,000 has now been raised.

This accounts for the current pot, however it will only rise given a huge number of donations are direct debits – meaning the total will only grow each month.

Here’s what NUST board member Alex Hurst has had to say in an update on the fan-led project bidding to buy a stake in the club in time:

Please keep in mind this is only the start of what is a long-term project, with this put in place to buy a 1% stake in the club under future new owners – not a short-term whip around to try and take Newcastle United off of Mike Ashley’s hands!

As the NUST have explained, fans have been asked to donate whatever they can on a monthly basis – whether it be £1 or a tenner – to build a pot of money that would ensure supporter representation when new owners eventually arrive on Tyneside.

If the bid proves to be unsuccessful, all money donated will go to a range of local charities, making this a real win-win.

If you haven’t already, please donate HERE and back the 1892 scheme – a brilliant project well worth getting behind as we bid to get our club back when Mike Ashley finally sells up.

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About Olly Hawkins

Olly has been a Junior Magpie from birth. As a season ticket holder and avid Newcastle United fan - he eats, sleeps and breathes all things NUFC.

One thought on “NUST bid to buy a stake in Newcastle United – Remarkable amount raised just 9 weeks in

  1. “…a pot of money that would ensure supporter representation when new owners eventually arrive on Tyneside.”
    How would it ensure supporter representation?
    Wouldn’t that require some kind of agreement from the new owners?
    And isn’t 100K less than 3% of the required sum? Remarkable? I would have gone with laughable.

    This farce is almost as comical as the last time these clowns tried to buy the club.

      (Quote)

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