| Forum Reply | The Bond Scheme at 10:54 7 Oct 2021
Sorry, you're correct, looking at my historical Certificate on Tifosy I was taxed on it. Put £1000 in 2018, May 2019 I got 30 club credit, but Net was £24, 5% interest was £50, net £40. Norwich was then Promoted so I got the 25% bonus (£250) bringing the end to the bond. In total with £1000 invested I got £1240 back in Cheque after 1 year and £24 on gift card for club spends, also some nice free banquets courtesy of Delia and some U23 games for free. [Post edited 7 Oct 2021 11:00]
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| Forum Reply | The Bond Scheme at 09:57 7 Oct 2021
Hi. Jumped on here to get people's thoughts, but have punted on this today. I have no connection with the club or Tifosy in anyway but this is the exact same terms we got on the Norwich Bond, we raised the finance for our new training center and are already seeing the rewards. the 3% isn't taxable, we got ours on a gift card each year to spend. the 5% is taxable and the 25% promotion bonus. I went into the Norwich bond not expecting promotion so that ended after 2 years, so have got in on this one (with any luck) as 5% is good in anyones terms, I just made sure not to invest more than I could afford to lose. Fingers crossed you guys do well and go the same way as Norwich with home grown talent coming through. |
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