A pilot scheme, which aims to raise an initial £3.5m, will see community shares issued to fund MVT’s purchase of nine venues – The Ferret in Preston, Atherton’s The Snug, Le Public Space in Newport, Glasgow’s The Glad Cafe, Derby’s The Hairy Dog, Sunbird Records in Darwen, Hull’s The Polar Bear, The Palladium in Bideford and Swansea’s The Bunkhouse – by the end of 2022.
