Why not sell debentures to supporters? Has anyone mentioned this before?
Seriously?
Are you talking about fans taking part ownership of the Phoenix or fixed term debentures?
The fan ownership model has been discussed about quite a bit e.g. https://www.yellowfever.co.nz/forum/forum_posts.asp?TID=15120
So I assume you're talking about fans investing fixed term debentures to the club (i.e. Century City) or Terry?? If you're willing to do that at the moment you are a very brave man!!