Raising Funds For Football Clubs From The Telecom Mast Lease
Sports club managers are often asked to be creative when it comes to bringing in additional revenue to improve their club, its facilities, equipment, training and other expenses that will benefit the team. The increasing costs of capital and interest rates make this task even more challenging.
APWireless offers telecoms mast landowners the possibility to capitalise on their mast lease rental. Simply put, APWireless’ business model is described as “We buy rent.”
David Sinton, from Raith Rovers Football Club, explains further: “If we had borrowed money from a bank for instance, we would have had ongoing repayments, and we would have to pay interests. We raised the funds with no problems over repayment and paying interest.”
An ongoing rental stream from your telecom mast lease might currently be enough to keep the club afloat. But with rents, paid by operators, on lease renewals being significantly reduced due to the impact of the revised Electronic Communications Code, this might not be possible in the future. However, an immediate capital injection will quickly elevate your club’s status. In the short run, this instant cash injection might help improve the current player squad. In the long run, your club will be better equipped to take on new market challenges.
An upgraded pitch, new floodlights, a refurbished clubhouse, or being able to offer new services inside the club, are some examples of how previous sports clubs have benefited from a collaboration with APWireless. David Sinton explains: “We had an old stadium which needed some refurbishment. The hospitality area called for some work there too. That was when we spoke to APWireless about the possibility of raising funds through the sale of the rental stream.”
David Sinton described how APWireless’ partnership helped Raith Rovers F.C.: “We renewed our facilities, we did some redecoration, we got Wi-Fi installed into the stadium. That was good commercially for us because it enabled us to interact with our supporters while they were at the stadium.”
When asked about recommending APWireless, David Sinton comments: “I would recommend APWireless to other football clubs. It’s not easy for a football club to raise finance and this is a good alternative. They are good to deal with. And one of the attractions we found was that they have ready-to-go documentation, which needs little to no amendment so it’s relatively straight forward”.
If you are ready to unveil your club’s full potential through your telecoms mast lease,
call 01543 547 901 or visit www.apwireless.co.uk
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