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Who owns Barrow Raiders?

Published in Sports Club Ownership 2 mins read

Barrow Raiders is a unique sports club that is owned by its debenture members, effectively making it community-owned.

Understanding Barrow Raiders' Ownership Model

Barrow Raiders operates under a distinctive ownership structure that places the club firmly in the hands of its supporters and the local community. This model was established early in the club's history, ensuring its deep connection to its roots.

The Foundation of Community Ownership

The pathway to community ownership for Barrow Raiders was initiated in 1930. At this time, the club introduced its first debenture, which allowed individuals to invest in the club's future. This strategic move set the stage for Barrow Raiders to transition into a limited company by guarantee.

Key Aspects of Barrow Raiders' Ownership:

  • Debenture Members: All individuals who hold debentures are recognized as the owners of the club. These debentures effectively represent shares in the club, without the traditional profit-distribution model of a typical limited company.
  • Community Heart: As ownership resides with these debenture members, the club is intrinsically linked to the community it serves. This model ensures that decisions are made with the community's best interest at heart, reflecting its status as a truly "community-owned" entity.

This structure highlights a commitment to local engagement and sustainability, ensuring that the club remains a vital part of the Barrow community rather than being controlled by a single individual or external corporate entity.

How the Model Works

The limited company by guarantee structure, coupled with debenture ownership, means:

  • No Private Shareholder Profits: Unlike traditional companies, the primary goal is not to generate profits for individual shareholders but to ensure the club's long-term stability and success for the benefit of the community.
  • Democratic Principles: While not explicitly detailed, such models often involve members having a say in key club decisions, reflecting a democratic approach to governance.
  • Sustainability: By spreading ownership across many debenture holders, the club often gains a more stable financial footing and a broader base of support, reducing reliance on a single benefactor.

This long-standing model means that Barrow Raiders is more than just a rugby league team; it is an asset collectively held and cherished by its local population.

Aspect Description
Ownership Model Community-owned
Owners Debenture members
Legal Structure Limited company by guarantee
Model Origin Began with the first debenture in 1930
Core Principle Club is at the heart of the community