We went down this route a couple of years ago, and quite a number agreed to chip in a tenner.
Unfortunately there wasn't quite enough people so we were asked to join forces with the Foxes Trust. We duly paid our cash, but alas the sponsorhip name went down as the FT, rather than this website.
Feckers
Funnily enough we all sponsored Richard Stearman - who hadn't then broken through to the first team. He did break through in that season, though, and the feckers at City let some big Corporate wankers come in and sponsor him as a First Team player rather than a youth team player (more cash) and so the next time I looked in the programme they had taken the FT's name out and replaced it with said Corporate wankers.
All went off without a wimper from the FT so when they asked for money for the next season I told them to shove it up their jacksie
If I remember, Jeff wasn't that bothered about getting the TB name used- but he might feel differently now