AFC Wimbledon bond paying interest of 6% to tackle loan 1

AFC Wimbledon bond paying interest of 6% to tackle loan

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AFC Wimbledon aiming to raise up to £4.5m by issuing a bond to retail investors that pays interest of 6%


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AFC Wimbledon is aiming to raise up to £4.5million by issuing a bond to retail investors that pays interest of 6 per cent. 

The League One football club, which is owned by the fans, wants to raise money to repay a bridging loan for the development of its stadium in Plough Lane. 

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Two years ago, the club launched a bond which raised £5million after building costs for its new stadium soared. 

Making a statement: AFC Wimbledon needs another £4.5million to refinance a high interest bridging loan

Making a statement: AFC Wimbledon needs another £4.5million to refinance a high interest bridging loan

Now AFC Wimbledon needs another £4.5million to refinance the high interest bridging loan. 

Prior to the official launch of the bond, AFC Wimbledon had already raised £700,000 from supporters. 

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Each £1million will save the club £60,000 in interest bills. 

The minimum investment for the new 5, 10 or 20-year bond is £1,000 and the 6 per cent interest applies whatever the amount, plus there is a bonus of 1 per cent for fans who invested in the first bond.

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