Plough Lane Bond - You Brought the Dons Home
AFC Wimbledon returned to Plough Lane, the club’s spiritual home, in late 2020. And the Plough Lane Bond made that possible. The scheme raised almost £10m and the second tranche closed in 2022.
Since November 2020 the club have been back playing on Plough Lane after 30 years away. And the two iterations of the Plough Lane Bond scheme have allowed the club to replace all external secured debt, thanks to the generosity of bondholders.
As we approach the first set of bond redemptions due in Spring 2025, the website will now enable bondholders to choose what they want to do with their bonds. Our aim is to have as many bonds rolled over for a further term as possible to ensure the club can manage the repayments without taking on any additional external debt. The surveys of bondholders completed indicate that around half are happy to rollover their bonds for a further term. In managing the 2025 bond redemptions, if the amount needing to be repaid exceeds what the club would like to put towards debt repayment, the Plough Lane Bond will open again in 2024 for new money at a rate of between 0-6%.
The website is now live to cover the administration of the scheme, answer any questions bondholders have and to enable bondholders to choose what to do with their bonds.
Bonds purchased on 5, 10 and 20-year terms
You chose your interest rate from 0 - 7% - paid annually