Our system detected that your browser is blocking advertisements on our site. Please help support Fans Focus by disabling any kind of ad blocker while browsing this site. Thank you.
Jump to content

That MyFC....


PatMan

Recommended Posts

Originally Posted By: Trebor1975
It's possible for an IPS to have a controlling interest in a plc - trust me on that one. :o)


your statement above is not quite correct...the enterprise act and current companies act legislation prevent anyone having a controlling interest in a full listing without the leave of the courts...

so there.... laugh
Link to comment
Share on other sites

Originally Posted By: Trebor1975
So would playing contracts, the ground etc (and all other assets) belong to MyFC or to Ebbsfleet United?

Will budgets be set against forecasted membership or against the previous year's membership, and what will happen if there's a shortfall?


Playing contracts and all of the assets belong to Ebbsfleet United.

Budgets will be set on the money already there (sponsorships, tickets sold, season tickets sold, merchandise, etc) and existing membership money, not on future membership money. The rules states that we can't overspend or run in the red, so there's no shortfall if membership falls during the season. If membership falls, it is dealt with in the next budget (season), not the current one.

I hope that explains it.

rvr
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...