MODS - I know its cheeky but could this one stay on the main page?..... We need as much feedback as possible in order to get the right decision on this one.
Following a vote amongst the ISC the policy outlined / linked below has been agreed.
We are now asking for members views on the proposal to write-off the loans that were made to the GTs during the course of last season.
Members can contribute to the debate by sending views to firstname.lastname@example.org by no later than 12noon on Saturday.
I hope that members will see this as a positive and another move which we hope will strengthen further the Trust / GTs relationship which is now stronger than ever.
We look forward to receiving your views before a final decision is made on Saturday (Based on the membership feedback).
For non-internet users the Herald and WMN will be promoting with consultation during the week. It is difficult to catch everyone during such a short period but as this is a consultation and not a vote the Trust website, email database, PASOTI and the Herald should reach a very wide audience.
As always non-members are more than welcome to leave views on this thread but those will not be part of the final analysis of membership feedback to the Trust email address.
http://www.argylefanstrust.com/wp-conte ... 9.6.11.pdf
Proposed write off of AFT loans to the Green Taverners
Earlier this year, the Argyle Fans’ Trust provided two payments to the Green Taverners (GTs), at the GTs request, as follows:
£2,000 on 9th March 2011, to assist with payment of necessary costs for the team and club officials for its away matches at Hartlepool and Carlisle United;
£5,000 on 20th April 2011, as a contribution to the emergency staff hardship fund, at a time when the GTs funds were relatively low, but the staff need was extreme.
At the time, the ISC took a fairly strict interpretation of its own adopted Rules (essentially that the Trust was set up to address longer term issues, while the GTs came into existence to address short term ones), as a result of which it was mutually agreed that these should be considered as loans.
At the time, this distinction between the various activities of supporters was a suitable arrangement. The Trust was new and we didn’t have a full understanding of what our future costs might be, while the relationship with the GTs was in its infancy. Time has moved on. In a few weeks, we should have new owners, whose responsibility it will be to fund the operations of the club in full. The fund-raising needs, we all hope, will move away from emergency support to staff and team and more towards projects that supporters decide are worthy ones within the club.
At the same time, the Trust’s membership numbers have grown, and continue to do so, such that we have ample funds to conduct our main remaining activities during this year (and before the next set of membership fees become due) namely, the conduct of elections, the production and distribution of share certificates, and minor expenses. It is possible, even likely, that major fundraising will be necessary in the future but no allowance is necessary for that yet.
The Trust is not in existence to support the day to day running of the club, our Rules do not include for this. It is, however, able to ...“do anything else which is necessary or expedient to achieve its objectives.” (Powers No. 4n). These payments were not to contribute to the day to day operations of a functional club but were extraordinary ones required to help to ensure its survival, clearly something that is within our remit.
Over the period since the loans were made, the linkage between the GTs and the Trust/ISC has grown to the extent that a situation in the near future can easily be foreseen where the GTs acts to raise funds with/for the Trust. Having a debt in such a situation would clearly be ridiculous. The forthcoming elections for the Trust will see it becoming a more representative and member-driven organisation. In this context this stronger relationship can flourish, and the removal of the debt is a first but very important step in achieving that.
So, it is felt that it is both acceptable (from the standpoint of our Rules), and highly appropriate in terms of the current context, that the £7,000 debt is written off.
The ISC has adopted this by majority vote; AFT members will have a consultation period from today, Sunday 19th June, until midday Saturday 25th June to respond, if they wish, to email@example.com with their views either way on the proposal to write off the debt; please quote your membership number in your email. Such a consultation will enable the ISC to gauge the view of the membership. Of course, non members can post their views on PASOTI or other internet facilities.
The decision will be ratified, or reversed, dependent upon the results of that consultation, during the afternoon of Saturday 25th June. If the outcome of the consultation is marginal, then the matter will revert to a meeting of the ISC on Monday 27th June.
Peter Ryan, for the Interim Steering Committee, 19th June 2011