The new club structure needs to be ratified at the EGM and voted in otherwise we won’t be considered for Grants to improve our club.
To be clear this structure is slightly different from Normal Limited Company Rules. Our Club will be a Limited Company with guarantee and have No Share Capital which makes it a not for profit organisation. (In other words there are no shareholders to take profits out of the Company) What it also means is that no one can take funds or monies from the Company or Club for personal use or Financial gain. This type of Limited Company is setup for Charities and Footballs Clubs.
(Something the Oxfordshire Football Association have recommended for years)
Can you ask anyone who is involved with the club including parents if they so wish to attend this meeting on Tuesday at 7.30 pm Oct 23rd 2018 to be held at the Community Stadium Kilkenny Lane. The new Constitution has been copied and written from the FA Standard Charter
All currant members and existing Life Members are invited to attend!
Updated 19:50 - 18 Nov 2018 by Andrew Walton