by Soupdragon » 03 May 2017, 14:13
merse btpir wrote: 03 May 2017, 09:47
I distinctly remember Steve saying he would publish a full account of the Players Fund at the end of last season and then (of course) he ceased to be CEO before that could have been done and so it became the responsibility of whoever took over his duties and was patently not done.....it was for that reason I immediately withdrew my support.
People need to be aware that in order to be able to increase the playing budget; the approval of the National League board needed to have been received in and in order to make a tidy representation to them I would imagine a significant sum (say c£10,000) would need to have been accumulated first in a specific account. A football club will have several accounts for different purposes and some of them might remain dormant until needed for another purpose than their original conception; and no doubt exists in my mind that this would have been the case in point.
That amount of money would then need to be transferred into an account of which the League Management Board are aware of and have access to the transactions in. I've no doubt this was the case and I've never had any suspicions as to Steve's integrity or honesty.
I think that the manner in which some people talk about the Player's Fund they imagine it is kept in some biscuit tin in the safe with off the record cash payments being drawn from it as and when the desire arose.
It's time to stop inferring that things were done in a haphazard or disreputable way and in a manner that could well get the club into trouble with the League Management Board.
Well, I do hope that emboldened bit in your post, Merse, doesn't mean me. I'm inferring nothing.
I've got questions about the rest of your post, though. Maybe I'm dim, but I don't see why the approval of the National League Board would need to be sought to increase any playing budget. There's no salary cap in the Conference National (I've just telephoned them to confirm), so how could they have any say in whatever a club decides it wants to spend on players and whether it wants to up that during a season? I also don't think that the 'League Management Board', would be permitted access to 'transactions' in any bank account run by an individual club. Surely the requirement would be, rather, to meet HMRCs rules? There's nothing in the Financial Arrangements, apparently, that requires separate club bank accounts for fundraising, merely that the contractual obligations for each player should be properly recorded in that player's contract - which is private between the player and the club - and properly fulfilled by the club.
Incidentally, I did find online a different TUFC account number (same sort code) for fans to pay in money to help fund the Seal-Hayne training ground. I hope there's no-one who set up a standing order for that and has forgotten to cancel it!
[quote="merse btpir" post_id=205250 time=1493804832 user_id=23969]
[b]
I distinctly remember Steve saying he would publish a full account of the Players Fund at the end of last season and then (of course) he ceased to be CEO before that could have been done and so it became the responsibility of whoever took over his duties and was patently [i]not[/i] done.....it was for that reason I immediately withdrew my support.[/b]
People need to be aware that in order to be able to increase the playing budget; the approval of the National League board needed to have been received in and in order to make a tidy representation to them I would imagine a significant sum (say c£10,000) would need to have been accumulated first in a specific account. A football club will have several accounts for different purposes and some of them might remain dormant until needed for another purpose than their original conception; and no doubt exists in my mind that this would have been the case in point.
That amount of money would then need to be transferred into an account of which the League Management Board are aware of and have access to the transactions in. I've no doubt this was the case and I've never had any suspicions as to Steve's integrity or honesty.
I think that the manner in which some people talk about the Player's Fund they imagine it is kept in some biscuit tin in the safe with off the record cash payments being drawn from it as and when the desire arose.
[b]It's time to stop inferring that things were done in a haphazard or disreputable way and in a manner that could well get the club into trouble with the League Management Board.[/b]
[/quote]
Well, I do hope that emboldened bit in your post, Merse, doesn't mean me. I'm inferring nothing.
I've got questions about the rest of your post, though. Maybe I'm dim, but I don't see why the approval of the National League Board would need to be sought to increase any playing budget. There's no salary cap in the Conference National (I've just telephoned them to confirm), so how could they have any say in whatever a club decides it wants to spend on players and whether it wants to up that during a season? I also don't think that the 'League Management Board', would be permitted access to 'transactions' in any bank account run by an individual club. Surely the requirement would be, rather, to meet HMRCs rules? There's nothing in the Financial Arrangements, apparently, that requires separate club bank accounts for fundraising, merely that the contractual obligations for each player should be properly recorded in that player's contract - which is private between the player and the club - and properly fulfilled by the club.
Incidentally, I did find online a different TUFC account number (same sort code) for fans to pay in money to help fund the Seal-Hayne training ground. I hope there's no-one who set up a standing order for that and has forgotten to cancel it!
