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Lewes Football Club make final appeal for £10k needed for all-weather pitch

RIO the Rook makes one final call for investors, sitting in front of where the all-weather pitch will go

RIO the Rook makes one final call for investors, sitting in front of where the all-weather pitch will go

Lewes football club is making a final appeal for the last £10k of investment required to enable a new 3G all-weather pitch to be built in Lewes for the club and the whole community.

At the time of writing the Regeneration Investment Offer (RIO) had raised almost £190k from local people. But the deadline for people wanting to invest is midnight on Saturday so the club have been making a last-minute call via social media and email lists. Now the Rooks want to make that same call for investment to Sussex Express readers.

Commenting on the situation, Board director Charlie Dobres said: “In total, through grants and the investments of local people, we have now raised £840k of the £850k required to get the all-weather pitch built. We are tantalisingly close, but the clock is ticking. What I would stress to people is that this is a genuine investment and not a donation - our Regeneration Investment Scheme (RIO) has been given advance clearance by HMRC to say that it qualifies under EIS. In plain english, that means that, for example, £1,000 invested will bring an immediate return of 30% in the form of a saving off people’s tax bills. And the £1,000 itself gets returned after around 5 years or so. In the meantime, that £1,000 investment is what will enable us to build a fantastic new facility that will be open to every child and adult in the Lewes area, all year round.”

Further information is available at www.lewesrio.com or by coming along to the home game on Saturday versus Billericay, kick-off 3pm.

 

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