It is the responsibility of the CPO Board to repay the loan to Chelsea Football Club.
In 2018, the share price was reduced to £25 (B share), representing one vote and all shareholders who purchased at £100 were awarded four votes (A share). Subsequent share sales have not reached the levels we had hoped and the pandemic has meant we have not been able to increase our revenue from events such as lunches and the CPO Tournament.
As a result, the Board has decided to revert to selling A shares and due to escalating costs, have also increased the admin fee and overseas postage. We regret having to take this step and are sure that current and future shareholders will appreciate the financial circumstances that have led to this decision.
This means that the minimum share will, from 1 September 2021, be £100 plus £10 admin (for an electronic share). The changes for all other share packages are listed below.
Supporters can still purchase shares at the current prices up to and including 31 August 2021. All applications already received and those on a waiting list for pitch presentations and signed player shares will be honoured at the current prices. It has never been easier to purchase a share as we now have a PayPal option as well as bank transfer.
New prices for an A Share (including admin fee)
Unframed certificate £110 plus £8 p&p
Framed certificate £120 plus £8 p&p
Framed and signed by a player £165 plus £8 p&p (please note these shares will not be available before the start of the new season when the squad is confirmed)
Pitch presentation £295
Postage £20 Europe and £30 Rest of the World
If you have any questions about this decision, please email firstname.lastname@example.org