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The voice of Scotland’s vibrant voluntary sector

Published by Scottish Council for Voluntary Organisations

TFN is published by the Scottish Council for Voluntary Organisations, Mansfield Traquair Centre, 15 Mansfield Place, Edinburgh, EH3 6BB. The Scottish Council for Voluntary Organisations (SCVO) is a Scottish Charitable Incorporated Organisation. Registration number SC003558.

Charity set for stake in football club

This news post is about 4 years old
 

Proposals could see Kibble take on a 27.5% stake in St Mirren, creating a revolutionary partnership

A charity is set to take on a major stake in a Scottish football club.

Kibble has announced an innovative new partnership plans with St Mirren Football Club to grow opportunities for young people.

If the plans go ahead, Kibble will own a 27.5% stake in the club, opening future job prospects and opportunities in employment, training and education, as well as widening access to sport, health and wellbeing. This exciting partnership will also address local deprivation and exclusion through youth employment, community engagement, initiatives and activities.

Believed to be the first of its kind in the UK, no league team is owned and run in partnership with a major charity in the way proposed.

A decision will be made by members of the St Mirren Independent Supporters Association (SMISA) in February, with a straight majority deciding the outcome. If agreed, the partnership will mean St Mirren will become Scotland’s latest fan-owned football club from as soon as 2021 – five years earlier than planned. The partnership is aimed at combing the youth-centred, educational and commercial expertise of Kibble, with St Mirren’s first-class sporting facilities and national profile.

At the centre of this will be Kibble’s young workforce development model that will continue to thrive, with increased job prospects for our young people aligned with the current job market. This will complement existing provision offering skills and qualifications in areas such as: catering, hospitality and retail, along with apprenticeships in grounds keeping and maintenance.

Kibble young people will have access to the club’s professional sporting facilities, enhancing the charity’s school’s physical education provision and offering an inspiring backdrop for learning and skills development. The benefits of sport on mental health are well documented and partnering with St Mirren will enable Kibble to provide greater access to sport, nurture talent and support overall health and wellbeing.

Kibble chief executive Jim Gillespie said: “We are incredibly excited by this important plan for both organisations, both of which were founded in Paisley in Victorian times and are a part of the town’s history.

“This is not about Kibble wanting to be involved in the day-to-day running of a football club, our offering will be to bring new resource and expertise to help St. Mirren grow as a business, while expanding opportunities in the community”.

A final decision will be made by SMISA on 21 February.