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Re: Pheonix Club Constitution - Choices

By VoR20/1 09:51Sat Jan 20 09:51:00 2024In response to Re: Pheonix Club Constitution - Choices

Views: 1257

For clarity Mark, the FA's guidance on Club Structure outlines the following 5 Options:-

1. Unincorporated Association.

2. Private Limited Company (limited by Guarantee).

3. Private Limited Company (limited by Shares).

4. Community Interest Company (CIC) (which can either be limited by Guarantee or limited by Shares).

5. Registered Society (which can either be a Co-operative or a Mutual Benefit Society).

Which is it to be?

Edit:

To reinforce my original statement, do the two new Investors want to be majority or minority shareholders in the new Pheonix Club, or do they want to own & run the business (as a Private Limited Company) (either limited by Guarantee or limited by Shares) to the exclusion of any other interested parties.

Again, which is it to be?

Edited by VoR at 09:53:42 on 20th January 2024
Edited by VoR at 09:59:03 on 20th January 2024

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