Thetownend.com

25% => The Boardroom => Topic started by: red macca on Friday, October 20, 2006, 08:46:34



Title: The Trust
Post by: red macca on Friday, October 20, 2006, 08:46:34
Number 13 on the list .I didnt realise this very good move by the trust i think surely a even bigger reason for the trust to try and get brezovan .he will make a profit for the club surely

http://www.truststfc.co.uk/RAF_terms.php


Title: The Trust
Post by: Turbo on Friday, October 20, 2006, 10:33:30
The club must payback monies donated to them :?


Title: The Trust
Post by: RobertT on Friday, October 20, 2006, 10:50:19
No, a split of any "profit" goes back into the fund (which can only be used to buy more players).

The club always gets the benefit of the money, it's just partly protected.


Title: The Trust
Post by: pauld on Friday, October 20, 2006, 11:32:36
The point of the condition was/is to ensure that a hypothetical rapacious board could not use RAF money to buy a player, sell him on at a fat profit within 6 months, then see the money disappear down various black holes/go to shareholders etc. This way, a chunk of any profit is still available (and ringfenced) for spending on players. Don't see how any fan (or any decent board for that matter) could object to that. And no, this isn't a dig at the board - the club have already agreed to the T&Cs


Title: The Trust
Post by: Northern Red on Friday, October 20, 2006, 13:50:19
That seems reasonable - protection of player profits to buy players rather than pay off debt.