Monday, November 30, 2015

Invest in a New Home for DCFC

A few months ago Detroit City Football Club announced that they would be making Hamtramck their new home. The team has played at Cass Tech High School for the last 4 years, packing the stands to capacity at nearly every game this past year. Since they actually had to turn fans away at the gates this past season, they decided that the time has come to move to a larger facility.

The organization has decided that not only are they going to make a new home for themselves, but they're also going to help the community out. They are planning to renovate Keyworth Stadium in Hamtramck. The stadium is turning 80 years old in 2016, even FDR was a part of its grand opening. Over the years it has been the site of many games, including the home to Hamtramck Public Schools' teams. With the improvements that DCFC plans to make to the facilities, it will not only be a great place for them to host their games, but Hamtramck Schools will continue to own and use the stadium as well. So DCFC gets a new home and the kids in Hamtramck get a new stadium too!

The repairs that the team plans to make include structural repairs and renovations, electrical and lighting, restoration of old bleachers, repair and renovations to the locker rooms, and more. The cost of these improvements is going to be $750,000. DCFC is looking to the fans and community to help raise this money. The minimum that they need for the project is $400,000. Right now they have raised approximately half of that. Although this is a crowd funding campaign, you won't be receiving a cheesy key chain or autographed photo. You will be an actual investor. And you will get your money back, plus some. Detroit City Football Club pledges to, "repay the RSA investors 21.00% of their gross revenue, excluding sponsorship-based revenue, semi-annually until such a time that investors have received a 1.35x repayment multiple on their initial investment." The deadline for raising the $400k is February 15, 2016, so they've got a ways to go, but there is also some time left. Check out the video below for more info.

If you would like to invest in DCFC's new home, head over to the crowd funding website here. There are some other perks for investors. Check out what you can get below:

$250 - A guaranteed ticket to our May 2016 match with FC United of Manchester

$500 - A Limited, numbered commemorative Scarf 

$1,000 - Invite to VIP reception with FC United of Manchester

$5,000 - Your name on a plaque alongside the one that celebrates the opening of the stadium

$ 10,000 - Two season tickets at premium midfield location for the duration of the loan

$25,000 - 4 season tickets at premium midfield location; access to hospitality tent for 4 guests

$50,000 - A section of the West Grandstand seating named after your family or business with signage 

$100,000 - A banner of your family or company vertically located on light tower

Since this isn't a normal crowd funding campaign and you would be considered an investor, you might have some questions. Some of those can be answered here or you can head out to one of the Keyworth Investment Happy Hours. There will be five happy hours total, with the first on November 30th at Suzy's in Hamtramck. During these happy hours the DCFC owners will be on site to answer all of your community investment questions. Here's a list of all of the DCFC investor happy hours.

Spring will be here before we know it and so will the 2016 DCFC season! Season tickets and single game tickets are available now. Pick yours up online here. We can't wait for another DCFC season and look forward to seeing this project completed! 


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