Act now to save our pub!
To become a member of The Greyhound (Marsh Gibbon) Community Benefit Society Limited and invest in this community venture, please complete the application form below and send it to the Society Treasurer, Richard Cross, at the address stated on the form. Your application should be accompanied by your payment. All the details are on the pdf.
Should you wish to receive a hard copy of this form please email us.
We would like to thank the villagers who have already submitted their applications and look forward to receiving more in the new year.
As always, we welcome any questions, please email us at: email@example.com.
The closing date for applications is March 1st 2022.
What does the share offer mean?
Whilst legally, we need to talk about the scheme as a ‘share offer’ and speak in terms of villagers applying to join the Community Benefit Society, in reality it is much simpler. This is your opportunity to save The Greyhound – your village pub – by joining a group of like-minded people with the same intention. Think of it as a membership fee. A fee you pay up front to enjoy all the benefits a village pub will bring. And remember, this is not an annual payment, this is a one-off fee to get the business off the ground and to breathe new life into this sleeping hound.
It might also interest you to know that, should The Greyhound turn a profit, within the structure of the Community Benefit scheme, there is the opportunity (after 3 years) to request your money back (reviewed on a case by case basis by the management committee and can only happen should the finances of the business be sustainable). There may also be opportunities for a ‘profit share style’ return on investment, and even for more share offers in the future.
We understand such an investment will take a leap of faith, but we sincerely hope the community is willing to take this leap. As with any new venture, there are many variables and uncertainties ahead and we cannot guarantee anything at this stage. What we do know for sure is that we cannot do this without the support of the community. This is our chance to pull together to provide a centre for our community, for our families and the future of our village.