There are probably many of you, including myself who will be effected by the shock change in the rules over membership of the Disneyland Paris Shareholders club. Back in 2006, I purchased 500 Disneyland Paris shares to become part of the Shareholders club. It meant discounts in the park, hotels, restaurants and even UK Disney Stores. For 30 Euros every two years I could also gain access to the exclusive Salon Mickeys. What I didn’t realise is that my trip to the Salon in June was going to be my last.

Today, Disneyland Paris Shareholder club members received an email stating:

Dear Shareholders Club Member,

To better meet the needs of the Shareholders Club Members and offer them a quality service and relevant information on the Company, the Shareholders Club is pleased to announce the implementation of the new « General Conditions of Euro Disney S.C.A. Shareholders Club » effective Monday, October 1st, 2012. We invite you to consult the attached document for additional information.

As of this date, any shareholder would like to become a member or to renew its membership to the Shareholders Club, has to hold a minimum of 100 Euro Disney S.C.A. shares (ISIN code: FR0010540740) in a bearer or a registered form. Members of the Shareholders Club who joined before October 1st, 2000 and who hold a valid membership card, are exempt from this minimum shareholding.

I’m sorry, what!!!!!

Many of you are probably in the same boat as me. in 2007, my 500 shares were diluted down to just 5 and, although this remained the minimum we needed to be part of the club few complained. The current rules for membership over the next few days, according to the website are:

Shareholders who own between 5 and 20 shares will also need to send a 2-year administration fee of €30.

If you hold 20 shares and more, you do not need to pay any administration fee.

Well, now comes the backlash. It seems EURO Disney SCA are trying to cut out many of its shareholders with what seems to be a very underhand move. Until now, I have been a happy shareholder but now, they seem utterly worthless. Having paid £56 for them in 2006, they are now worth £21.26, a 62% drop. As if that isn’t enough, it will cost another £409 for me to become a member of the club with their new rules. Another case that Disneyland Paris doesn’t understand those that it deals with on a regular basis. Have they realised that they were giving access to the club too cheaply? Possibly, but surely punishing those that have supported for years is not the way to go about it.

And for those that were going to join, don’t bother. Instead, throw the money you were going to spend down a large hole, it’ll make the same difference!!!

If you want to read the general conditions in full, take a look here

We’d love to hear your thoughts on the matter.

By Adam

Adam has been a fan of Disney since he was small. He runs the Disneybrit Podcast. He is also the author of several Disney books.

2 thoughts on “Euro Disney Shareholders Club Becomes More Exclusive at the Expense of Others”
  1. Boy you think you have been done I first bought Disney shares when they first floated 100shares £700.00. Then the board of directors though how can we screw our shareholders and end up virtually owning it ourselves on the cheap, bingo put a mask on Micky and for every 100 shares turn them into one £700–becomes 4 euro how’s that for the biggest euro Disney con and they called Ronnie Bigs for being a thief. Oh and when they transferred share dealing the Europe it cost me 39 euro if I had not done this I would have lost my 4 euro. Now you may wonder why I have kept the one share, they send me letters plus a large parcel of junk statistics every year which must cost then about 20 euro so I have worked out that I need them to keep sending me this crap for the next 38 years which should cost them about £700. There must be thousands of shareholders like me I am aware that shares can go up or down I purchased them to give to my grand child but hey ho it’s hard when you are dealing with thieving bastards who do not care a hoot about the shareholders that built Disney. May Donald Duck be with you. Jim

  2. I am confused. Does this mean I shouldn’t be a shareholder? I am 15 and love Disney but I don’t get what is happening. Do you mean most of your shares have been taken???

    And would this happen to me it I joined? If so how could I stop it? This seems the best way to get discounts at Disney 🙁

    Thank you for posting,

    Love Izzy

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