The vote of no confidence in the National league.

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lo36789
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Re: The vote of no confidence in the National league.

Post by lo36789 » Fri Jun 04, 2021 3:50 pm

theoriginalfatcat wrote:
Fri Jun 04, 2021 1:53 pm
I wonder where the fine money goes. With all the clubs involved it's a nice little earner, brought about by the League's incompetence, because let's face it - if the second tranche of funding had been loans then all clubs would have played on.
Well strictly speaking it would be the clubs who would benefit from the assets if the company were dissolved.

The league is not for profit after all there are no shareholders who receive a dividend. The members are the clubs themselves. It would just be part of the annual split of funds to the clubs if there is an excess left over.

Per the accounts they appear as 'members funds'

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theoriginalfatcat
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Re: The vote of no confidence in the National league.

Post by theoriginalfatcat » Fri Jun 04, 2021 4:34 pm

lo36789 wrote:
Fri Jun 04, 2021 3:50 pm
theoriginalfatcat wrote:
Fri Jun 04, 2021 1:53 pm
I wonder where the fine money goes. With all the clubs involved it's a nice little earner, brought about by the League's incompetence, because let's face it - if the second tranche of funding had been loans then all clubs would have played on.
Well strictly speaking it would be the clubs who would benefit from the assets if the company were dissolved.

The league is not for profit after all there are no shareholders who receive a dividend. The members are the clubs themselves. It would just be part of the annual split of funds to the clubs if there is an excess left over.

Per the accounts they appear as 'members funds'
The plot thickens. So in theory all the fines, inc Dover's 40k (if paid) could be divided up and paid out as some kind of bonus? Split between all clubs at both steps?
Mr Singh said this " I'm not expecting to get back any of the money I've already put in, I'm prepared to write it off for the future of the club. I'm not hanging in to make any kind of financial gain in the short or long term - if someone was prepared to come in and take the club off my hands, I'd be more than willing to discuss it"

Tamworth matchday programme 26 Nov 2011

joejaques
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Re: The vote of no confidence in the National league.

Post by joejaques » Fri Jun 04, 2021 5:27 pm

theoriginalfatcat wrote:
Fri Jun 04, 2021 4:34 pm
lo36789 wrote:
Fri Jun 04, 2021 3:50 pm
theoriginalfatcat wrote:
Fri Jun 04, 2021 1:53 pm
I wonder where the fine money goes. With all the clubs involved it's a nice little earner, brought about by the League's incompetence, because let's face it - if the second tranche of funding had been loans then all clubs would have played on.
Well strictly speaking it would be the clubs who would benefit from the assets if the company were dissolved.

The league is not for profit after all there are no shareholders who receive a dividend. The members are the clubs themselves. It would just be part of the annual split of funds to the clubs if there is an excess left over.

Per the accounts they appear as 'members funds'
The plot thickens. So in theory all the fines, inc Dover's 40k (if paid) could be divided up and paid out as some kind of bonus? Split between all clubs at both steps?
Could end up on a roundabout, with funds from the fines distributed the same way as the original grants. The mind boggles. :crazy: :roll:
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lo36789
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Re: The vote of no confidence in the National league.

Post by lo36789 » Fri Jun 04, 2021 5:51 pm

joejaques wrote:
Fri Jun 04, 2021 5:27 pm
theoriginalfatcat wrote:
Fri Jun 04, 2021 4:34 pm
lo36789 wrote:
Fri Jun 04, 2021 3:50 pm
theoriginalfatcat wrote:
Fri Jun 04, 2021 1:53 pm
I wonder where the fine money goes. With all the clubs involved it's a nice little earner, brought about by the League's incompetence, because let's face it - if the second tranche of funding had been loans then all clubs would have played on.
Well strictly speaking it would be the clubs who would benefit from the assets if the company were dissolved.

The league is not for profit after all there are no shareholders who receive a dividend. The members are the clubs themselves. It would just be part of the annual split of funds to the clubs if there is an excess left over.

Per the accounts they appear as 'members funds'
The plot thickens. So in theory all the fines, inc Dover's 40k (if paid) could be divided up and paid out as some kind of bonus? Split between all clubs at both steps?
Could end up on a roundabout, with funds from the fines distributed the same way as the original grants. The mind boggles. :crazy: :roll:
Not quite. The league is a not for profit limited by guarantee of the members (clubs).

Their last annual accounts showed a surplus of £54k which was attributable to members.

It doesn't mean it will be split quite so simply, they will hold funds like any sensible organisation would. The money that the clubs receive annually is ultimately the distribution of funds in the NL accounts from it activities minus costs.

There is already a set formula for this. These are the funds that ultimately the league would to some extent had stopped paying clubs had they taken the loans on behalf of the clubs.

Was it about £25k a year or something like that for a Step 2 club. Remember it wasn't an immaterial amount of our budget.

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theoriginalfatcat
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Re: The vote of no confidence in the National league.

Post by theoriginalfatcat » Fri Jun 04, 2021 6:43 pm

Thanks for that Lo.

Interesting.
Mr Singh said this " I'm not expecting to get back any of the money I've already put in, I'm prepared to write it off for the future of the club. I'm not hanging in to make any kind of financial gain in the short or long term - if someone was prepared to come in and take the club off my hands, I'd be more than willing to discuss it"

Tamworth matchday programme 26 Nov 2011

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loan_star
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Re: The vote of no confidence in the National league.

Post by loan_star » Tue Jul 06, 2021 11:57 am

theoriginalfatcat wrote:
Fri Jun 04, 2021 1:53 pm
loan_star wrote:
Fri Jun 04, 2021 11:22 am
Appeals are generally a waste of time. Fact is we didnt play the game as they thought we should. They rarely care about reasons why. Even if you think you have a clear cut justification they get you on a technicality by wording any charge in a way that theres no way out of it.

Thinking back to an old interview - D.J. (and advisor) were adamant that they had multiple strong legal reasons why that game wasn't played. They sounded good to me as well, I suppose I'm biased here but even so, I don't think D.J. would pick a fight that he didn't think he could (or should) win.

Meanwhile, as said above the rules simply weren't designed to include a global pandemic, mixed with the league's grants 'will be loans' fiasco.

I wonder where the fine money goes. With all the clubs involved it's a nice little earner, brought about by the League's incompetence, because let's face it - if the second tranche of funding had been loans then all clubs would have played on.
In a normal court of law the club will have had good grounds for an appeal. However we are talking about an appeal within the governing bodies of football, a private members club that can interpret rules as they like. It is usually the case that any charges are worded in a way that means you get found guilty anyway, no matter what your defence is.

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