Basketball in search for many small shareholders
Posted on June 3, 2010 by john
After the season, the Basketball Varese can now devote himself body and soul to the renovation project of the company, already started in track for the past few months.
But now that it has closed the conversation technical, economic and financial holds 100% desk around Via Sanvito. The goal, we repeat once more, is to relieve the shoulders of the Castiglioni family the entire weight of society (released by the holding company Casti Group), creating a consortium with other partners. And therein lies the problem because it is one thing to have a good idea and another is achieved. Already there has been a shift compared to the original idea. The initial plan because the entry of 2-3 members ’strong’ shares that would guarantee 400-500k euros, around which to build the backbone of the new reality. Under these conditions, however, is not nobody stepped forward, while some entrepreneur was willing to do its part to figures around 50 thousand euros. It seems that at least three of them that the agreement has now been designated, and also the Province of Varese should provide a contribution (the Municipality do not, as the mayor said Fountain in a recent interview with our newspaper). The strategy is therefore partially changed and is now being Sanvito aims to broaden the base of shareholders by spreading costs over more units.
“The economic exercise this year is around 4.2 million – said Mark Zamberletti, Marketing Manager of Basketball Varese – in order to cover a similar figure would need to collect about 800 thousand euros from new members, then with ‘commitment Castiglioni, sponsors, subscriptions and other revenue we get there. ” Sponsors out there, since it is Cimberio Sisal have expressed willingness to continue the adventure in white and red, but also reach “only” 800 thousand euros – to guarantee for three years, because the real purpose of the project rather than increase make sure your budget is to be able to program – with reduced rates is not simple. And on June 25, just over a month, is already the administrative deadline: sign up for next season.