Minnesota Aurora, the largest independent community owned women’s soccer team in the US announced today a new round of selling community shares in the team. The club’s unique community ownership model currently has 3080 owners and this new round will allow people that missed out in 2021 to join in ownership.
“We have accomplished more than we ever thought possible in our first 3 seasons with the initial $1 million,” said Aurora Board Chair and Co-Founder Allie Schmidt. ”This new round will allow us to keep growing and giving back to our players, fans and community.”
Community ownership shares are $50 each, with a minimum investment of $100 offering exclusive perks for investors. The Community Owners elect two representatives to the Board of Directors ensuring that the voices of the owners are represented.
“We are excited to welcome even more people to our community-owned team. This is the land of 10,000 lakes? How about the land of 10,000 owners?” added co-founder and Chair, Investor Relations Andrea Yoch. “Minnesota Aurora wants to become the biggest community owned club in the country. Together we will create even more opportunities for women in sports on and off the field.”
Money from the new round of investors will help fund Aurora’s year-round team operations including providing player housing, camp scholarships, waiving try-out fees if needed, paying US Soccer registration fees, covering game day expenses and continuing to build out the front office.
(info courtesy of Aurora)
