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Crowdfunding Campaign for the Skra’s stadium in Częstochowa, Poland

For the most generous supporters of the collection, there will be corresponding benefits in the form of investor packages. Depending on the number of shares purchased, one will be able to receive an investor certificate, access to a closed investor group on Facebook, and even a pass for the team’s first full season after the reconstruction of the arena on Loretto Street is completed.

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$1.1. million (PLN 5.2 million) – that’s how much the upcoming reconstruction of Częstochowa Skra’s stadium located on Loretto Street is expected to cost. As it turns out, the club already has an idea of where to get the funds for the next stages of the modernization of the facility.

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Renovation of the arena located near the Częstochowa Stradom train station is already underway

Currently, the club building is being renovated. Funds for this purpose in the amount of $232,000 (PLN 1.1 million) were obtained from the civic budget. It will be enlarged by an additional floor and extended by 12 meters. It will house media rooms, a VAR room, conference rooms, and offices. Sports and medical facilities will also be expanded, to be used by coaches, physiotherapists, and, most importantly, players. The planned completion date is November 30th, 2022. Interestingly, the most important stages of the reconstruction are yet to come.

In October, it was possible to select a contractor for the modernization of the drainage systems, the heating of the pitch, the replacement of the turf, and the installation of new lighting. It became the InterHall company from Katowice. The company is well known in Czestochowa, as it was previously responsible for adapting Rakow’s stadium to PKO Ekstraklasa requirements. The cost of these works will amount to $1.1 million (PLN 5.2 million). Nearly all of this amount (5 million) was obtained from the state program Polski Ład. The rest will be subsidized by the city from its own funds. If there are no delays, the Katowice-based company should complete this part of the investment by February 7th, 2023.

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Skra currently plays its home matches in Belchatow, nearly 80 kilometers from Częstochowa. GIEKSA Arena served a similar function during the reconstruction of the facility at Limanowskiego Street. At that time, Raków was forced to play matches as a host outside the city near Jasna Gora for nearly two seasons. However, Skra’s authorities would not like their wandering to last so long and are looking for ways to return to “Loreta” as soon as possible.

Bearing in mind that it will be necessary to expand the stands and do more modernization work, they came up with the idea of raising the needed capital through crowdfunding. However, this will not be a pioneering solution among sports clubs. In 2019, Wisla Krakow issued shares worth a total of $845,400 (PLN 4 million), which sold out in less than 24 hours. At the time, less than 9,000 fans acquired 5% of the White Star’s shares. The money raised was needed by the massively indebted company for its current operations and to pay off overdue debts. Skra has no such problems, but the involvement of fans in financing further stages of the renovation could be a good way to make a quick comeback.

Of course, for those who most generously support the collection, there will be corresponding benefits in the form of investor packages. Depending on the number of shares purchased, one will be able to receive an investor certificate, access to a closed investor group on Facebook, and even a pass for the team’s first full season after the reconstruction of the arena on Loretto Street is completed. More details are expected to be announced by the club soon. Currently, Skra occupies the penultimate place in Fortuna 1 Liga losing just a point to the safe 15th place.

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(Featured image by jarmoluk via Pixabay)

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First published in Stadiony.net, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.

Daphne Freeman has worked in the crowdfunding and impact investing industry for the past few years, gaining experience in marketing, and connecting businesses and entrepreneurs in need with the right investors. As a seasoned grant writer as well as financial market journalist, she is passionate about making a social impact in the world. A free spirit, Daphne also enjoys writing and exploring topics of interest, currently CBD, health and beauty, and social media influencers.