Wakefield Wildcats coach John Kear was today promised a mid-season cash boost of up to £100,000 by the issue of new shares.

A meeting of Wildcats shareholders have decided to make 100,000 new shares available immediately at one pound each and pledged to hand over all money generated to Kear for team strengthening.

“I think it’s excellent news,” said Kear. “We’re obviously making progress on the field - that is there for everybody to see - and the directors are trying to generate additional revenue.

“Any funds that are raised through these shares have been promised to me for team strengthening and I’m delighted about that.”

Kear, who insists the club do not need to sell players, added: “We’re working within our budget,” he said. “We’re pretty happy with where we’re going. The club is sound financially.

“Any funds will not necessarily be used for this season, we are starting to identify people for next year.”

£100 pounds here

Emailed the club today to enquire about the procedure to buy shares but they must be so busy with people buying them they haven't got time to reply

Lets hope so

Maybe the machine which prints shares certificates out is on the blink.

You really think thats the reason

Don't be daft there using all there time to try and source some medium shirts!

And sourcing new lightbulbs....

I have a share application form and it's a bog standard form that allows new shareholders to join, don't worry you'll all get a chance to part with your cash.

I'd be amazed if 10k was raised through this method, nevermind 100k

dunno thats only 100 people, im having some, im buying them from my big issue sales.

You need a pen for the application form?, dont think they'll accept those in blue crayon.

i now, due your help, have a list of words i can respond to that with!

i dont think ****er actually is allowed through though.

what you can say the action but cant describe the actee??

for one to occur you must have the other

I know what you mean as you would need 1,000 people to put £100 in each. Seeing as we only had about 70 people in squadbuilder last I knew I think it's a little optomistic. Think they would sell more if they dropped the £100 minimum.

The price definitely rules me out. It would be nice after the initial take up, if there are any shares left over then these could be sold under the £100 minimum. This allows people unable to find out the £100 the opportunity to help and also perhaps opens it up to a wider ‘market’. Unlikely but if 500 people bought the £100 worth of shares and 2500 people purchased just £20 the club would still end up with the magic figure of £100k.

Thats true. I would love to buy some but just cant possibly find £100 up front. If they were available in multiples of £25 I would buy some this month and more next month but I am skint as it is without forking £100 out.

Would have liked to buy some in sons name but I'm guessing at 5 he won't be allowed?

Anyone know for sure?

I take your view on board m8 - i was gonna say that funny now how some ppl on here are able to part with £100 for shares but cant afford £2 a month for squadbuilder !!

More here
[urlhttp://www.yorkshirepost.co.uk/rugby-league/Chance-to-share-in-Wakefield.5248242.jp[/url

I think you can buy shares a pound at a time,

Yes....with a minimum purchase of 100 shares.

There was an opportunity a few years back with a minimum of 25 shares, so there's been a chance in the past to 'invest' in the club.

How long ago was this? Perhaps some people wanting to invest now would have been kids at the time?

End of the 2001 season - John Harbin begging for money and all that. Dark days, blah blah blah.

Hmmm, missed that opportunity then!