Tuesday, January 08, 2013

DUNCAN STEWART READY TO REPEAT SUCCESSFUL SHARES SCHEME


                 DUNCAN STEWART ... You can share in his success again
 
By COLIN FARQUHARSON
Colin@scottishgolfview.com
Duncan Stewart’s two £10,000 tournament wins on the PGA EuroPro Tour last year earned him promotion to the Challenge Tour this year – one rung below his ambition to play on the European Tour.
“Last season was by far my best and most successful year to date, with a win on the Gecko Tour in Spain and back to back wins on the EuroPro Tour,” said Grantown-on-Spey’s most famous pro golfer, although he was actually born in Inverness 28 years ago.
“I had six successful weeks in Dubai on the MENA Tour but the biggest achievement was finishing second on the EuroPro Tour order of merit which secured me my Challenge Tour card for this year.
“Gaining my CT card was fantastic after missing out on it by just £365 the previous year.”
There is no doubt in Stewart’s mind that the driving force behind his successful 2012 campaign was his decision at the start of last year to sell shares in himself as a pro golfer with the promise that those who invested in him and thus gave him the financial backing he needed would be paid a dividend from his winnings at the end of the season.
“It was not only the financial side that helped but the fact people believed in me and supported me was a huge factor,” he said.
“Over all I had around 60 different parties that invested in me, including Paul Lawrie. Having someone of Paul’s stature supporting me gave me extra belief in myself that I was good enough to make it to the top level.”
So it was not only Stewart but his shareholders who had a successful year in 2012. At the end of the season they  received a 25% profit on their investments.
Everybody who paid bought a £100 share got £125.88 back. “Although most people were not looking for a profit I was delighted to give something back to the people who have supported and believed in me,” said Stewart
“I am once again selling shares in myself to help fund my season on the Challenge Tour and I have made a few alterations to last year’s contract.
“The share price remains £100 but last year i limited the amount of shares to 150 whereas this year the limit is 300. The main reason for this is that my costs will double playing the European Challenge Tour – although there is a bigger prize fund to play for.
“I have already sold over 170 shares and that is mainly with people reinvesting from last year. Paul Lawrie texted me last October, letting me know he was reinvesting and doubling his stake.”
Naturally, Stewart, who had four successful years – with Russell Knox as a team-mate – on the US college golf circuit as a student at Jacksonville University, Florida, is raring to go on his latest golf challenge.
I cannot wait to get this season started and i am looking forward to going to new places and hopefully being even more successful than last year,” he said.
“ I am going to Spain to play two Gecko Tour events next weekend. Then I will hopefully get into the first Challenge Tour event in India at the end of the month followed by Kenya two weeks later.
“Potential investors in me for the 2013 season  can find more details on my website www.duncanstewartgolfer.co.uk and companies can get their logos somewhere on my clothing if they buy a certain amount of shares."

 FROM THE DUNCAN STEWARTWEBSITE

Tournament winnings shall be divided as follows minus PGA levy:

i) Player sells 1-150 shares: 70% of said tournament winnings to Player; 30% pro rata per share to Sponsor;

ii) Player sells 151-200 shares: 60% of said tournament winnings to Player; 40% pro rata per share to Sponsor;

iii) Player sells 201-300 shares: 50% of said tournament winnings to Player; 50% pro rata per share to Sponsor;


LOGO PRICE:

Left chest - £2000 (20 shares) – SOLD
Right chest - £2000 (20 shares) – SOLD
Left arm - £2000 (20 shares) –
Right arm - £2000 (20 shares) –
Right collar - £1500 (15 shares) –
Left collar - £1500 (15 shares) –
Front of Cap - £2000 (20 shares) –
Right side of Cap - £1500 (15 shares) -
Left side of Cap - £1500 (15 shares) -
Golf Bag - £2000 (20 shares) -
Car - £1500 (15 shares) – SOLD

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