E mail the club in protest

[MrMushroom]

Originally Posted By: American FLEET FAN No1

Originally Posted By: Hirsty

MyFC will still owns 51% irrespective of who renews & who doesn't. What happens if that occurs, I don't know.

Cue The Speaker of the House...... Big Dom ?

They sell it....and the money from the sale goes to a charity voted on by the members!

According to the 'Rules' of the IPS, any assets remaining after the payment of liabilities are given or transfered to another charitable institution with objects similar to the MYFC Society, as determined by the members. The shares in EUFC are an asset of the Society. Thus if MYFC fails, the shares could be transfered to another body provided all MYFC debts had been paid. They need not sell the shares, they can be transfered to another IPS with similar aims if that is what the remaining members decide. Who would be members of that 'other' IPS and how it would operate are a complete unknown, but should exercise the minds of the conspiracy theorists.