Re: Elephant in the room
Views: 214
I am only guessing C&B but it looks to me that the current CIC is a limited company, limited by directorship, where the Directors are acting as Agents & have no financial responsibility?
In these circumstances, the new Club could ask the supporters to pay a joining fee & an annual membership fee thereafter.
If the CIC was limited by shares, then there could be a share issue & in return for the shareholding a shareholder would receive an annual dividend, say 7.5% but I think that dividend would have to be paid, irrespective of the CIC's financial position at the year end?
Fans Forum 12th March, 7.30 at The Piv by Camp hill reserves 20/2 10:50Thu Feb 20 10:50:58 2025
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- Can we have an update on what was said? by ntfcadam12/3 22:42Wed Mar 12 22:42:43 2025
- Re: Can we have an update on what was said? by mark-nbfc12/3 23:11Wed Mar 12 23:11:32 2025
- Update on the website by mark-nbfc13/3 18:34Thu Mar 13 18:34:58 2025 1 person
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- Re: Can we have an update on what was said? by StockingfordBrew12/3 23:10Wed Mar 12 23:10:40 2025
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- Re: Fans Forum 12th March, 7.30 at The Piv by Camp hill reserves 10/3 13:59Mon Mar 10 13:59:28 2025
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