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Online bid to buy rugby club

Online bid to buy rugby clubNews brought to you by Skint Tariffs, providers of cheap broadband deals.

Broadband users are planning to purchase and contribute to the management of a rugby club in order to "transform the club into a Premiership heavyweight".

Following on from the My Football Club and the People's Football Club experiments Our Rugby Club aims to attract fans who will pay a £30 annual subscription to provide funds for a club.

Previous schemes to buy football clubs involved using the collected members' cash to buy the club outright, but the rugby proposition instead aims to invest in a small club to help it reach the prestigious Premiership.

According to the site, the purpose of attracting fans to its cause is to collect "a community of knowledgeable, like-minded rugby supporters and, by pooling our financial resources, ORFC will help a rugby club to attract new players and coaching staff."

In order for the investment to take off, the site will need to attract 10,000 subscription-paying members.

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