In these difficult and uncertain times for individuals across the world, the club has been truly humbled by the backing shown to its investment round, which has now come to a close.
An incredible £378,925 worth of shares have been purchased by 1,037 investors in what has been a remarkable show of support.
The campaign was launched on investment platform Seedrs, with shares available at £12.50 each.
The initial target of £250,000 of investment was quickly smashed as supporters and investors took their opportunity to buy equity in the club and become an even bigger part of our future.
Every pound raised will remain within the club and be reinvested. The funds will all be put to good use and will bolster our ambitions to continue climbing the football pyramid as a club at the heart of its community.
A number of perks were available as part of the campaign depending on the size of investment.
The club is working on ensuring those who have purchased shares receive their items at the earliest possible opportunity, with further information on timescales to be released soon.
This investment campaign has again underlined the depth of support we enjoy and has made everyone connected to the club even more determined to deliver on our ambitions.
Thank you for your continued incredible support and we hope to see you all at a game again soon.
Would you like to become a shareholder in a club with a burning ambition to reach the Football League?
We have launched a £1million funding round on investment platform Seedrs, allowing our supporters, businesses and the wider public an exciting opportunity to join the club on its first steps towards fan ownership.
Shareholder support is central to the club’s ambitions for the future, with participation welcome from all parties, regardless of investment size.
The project is being spearheaded by South Shields FC Chairman Geoff Thompson, who remains fully committed to the club as he seeks to take it to the next level.
Every pound raised through the purchase of shares will remain within the club and be reinvested.
With exciting ground development plans in place and a vision to take the Mariners to the heady heights of the Football League, there has never been a better time to get involved.
Becoming a shareholder will bring with it benefits, which we are currently working on with a team of advisers.
It will also help us deliver on the next stage of our plan as we seek to continue rising through the football pyramid.
Further information will be released in the new year but at this stage, we are looking for people to simply register an interest in becoming shareholders.
South Shields FC Chairman Geoff Thompson said: “It’s been such a remarkable journey over the last four-and-a-half years and we fully believe we are just getting started.
“Everyone at Mariners Park is highly motivated to deliver a Football League club for the people of South Tyneside.
“We understand it may take some time to achieve this, but that’s why this project is so important.
“Receiving investment from our fans will help us greatly in our mission to become a sustainable, thriving club on a rise up the football pyramid.
“I have long believed that there should be an element of fan ownership at the club and I feel this is the right time to begin that process.
“South Shields had a Football League club between 1919 and 1930, with large crowds regularly flocking to games against the likes of Chelsea and Manchester United.
“I firmly believe we can drive this club to the Football League too with the help of our supporters and new shareholders.
“There’s an exciting future ahead if we do this together.”
South Shields FC has enjoyed a rapid rise since Mr Thompson took over as Chairman in the summer of 2015.
The club was promoted three times consecutively from 2015 to 2018 and won the first national trophy in its history with a 4-0 win over Cleethorpes Town in the FA Vase final at Wembley in 2017.
The next goal is to win promotion into National League North, with the club currently being backed by an average attendance around the 1,500 mark.
Our development plan will ensure we’re ready to meet the demands of a growing community with all the necessary facilities and services.
The ultimate aim is to become a community-based, sustainable, Football League-ready club by 2023 and your support in becoming a shareholder would be a key part of this.
Pre-register your interest to be among the first to invest in our development project, and help us reach the Football League.
Click here and follow the instructions to indicate your interest.