Our system detected that your browser is blocking advertisements on our site. Please help support Fans Focus by disabling any kind of ad blocker while browsing this site. Thank you.
Jump to content

MYFC IS NOT A TRUST

Harry J Allstars

By Harry J Allstars
in Ebbsfleet United Forum

 Share

Recommended Posts

doheochai Newbie

doheochai

Posted
Posted

MyFC is not a trust - it is a provident society. I don't and never have described MyFC as a trust and I am not aware of any members of MyFC who have (there maybe a few who haven't read the T&C's but they are few and far between).

 

And yes EUFC has a supporters trust - MyFC is not trying to replace it but wants to work in conjunction with it. Indeed MyFC is obliged to promote the existing ST under its own rules (Board representation etc.)

Link to comment
Share on other sites
George Reilly's Hairpiece Newbie

George Reilly's Hairpiece

Posted
Posted
Originally Posted By: rsheard
I have used the term trust, apparently incorrectly. I wasn't implying in any way that it's like the supporters trust. That was simply the more generic term I had heard, and repeated. My mistake. From now on, I'll refer to it as an ISP.


There lies the problem in repeating what you've heard. What other information has been passed on to here, in good faith of course, that is apparently incorrect.
Link to comment
Share on other sites
chris blanc Newbie

chris blanc

Posted
Posted
Originally Posted By: rsheard
I have used the term trust, apparently incorrectly. I wasn't implying in any way that it's like the supporters trust. That was simply the more generic term I had heard, and repeated. My mistake. From now on, I'll refer to it as an ISP.


If it's not a trust, does that negate what you said earlier?

No "one man" will ever have control of MyFC because the website operators are not the owners of the charitable trust. Each voting member has a single vote.
Link to comment
Share on other sites
rsheard Newbie

rsheard

Posted
Posted

Found the source of my term confusion. This is a quotation from the How it Works page on MyFC:

 

"Members will own the club through their MyFootballClub Trust, and together they will attempt to guide their football club to success."

 

perhaps it's a name issue.

 

But it doesn't change the issue regarding ownership and control of the club. Will Brooks' company, the website operator, won't own the club. The "MyFootballClub Trust" will.

Link to comment
Share on other sites
doheochai Newbie

doheochai

Posted
Posted
Originally Posted By: Trebor1975
Surely the takeover and the trust are at loggerheads in terms of ideals? One (the trust) is in favour of football rooted in the community, the other (MyClub) is in favour of using the club as the complete opposite of that.


Disagree - MyFC wants football rooted firmly in the community and the active involvement of the ST. The fact that the membership is worlwide does not negate this fact. The entire basis of MyFC is putting football back where it belongs (in the community) rather than under the control of people with money, who run it for money, don't mind cranking up huge debts and then walking away and leaving the whole place in the sh*t.
Link to comment
Share on other sites
rsheard Newbie

rsheard

Posted
Posted
Originally Posted By: chris blanc
So it IS a trust?

What is the name of Will Brooks Company? Do they also own this MyBUFC site? Because it certainly looks like both sites were created and written by the same people


The website operator, Will's company, is MyFootballClub Ltd. They are not associated with MyBUFC in any way, as far as I know. MyBUFC is a copycat site.
Link to comment
Share on other sites
rsheard Newbie

rsheard

Posted
Posted
Originally Posted By: rsheard
So it IS a trust?


I don't think so. I think this is an old page that MyFC needs to correct asap. According to the front page of the MyFC website,

"MyFootballClub Society Ltd is registered with the Financial Services Authority, registration number 30275R"

I suspect now that MyFootballClub Trust was a proposed name that was changed when the actual legal status of the group was selected. I'm sending the MyFC staff an email for clarification now.
Link to comment
Share on other sites
doheochai Newbie

doheochai

Posted
Posted
Originally Posted By: chris blanc
So it IS a trust?

No - the registered name is MyFootball Club Society Limited and it is a provident society.

Originally Posted By: chris blanc
What is the name of Will Brooks Company?

MyFootballClub Limited. The company is the operator of the MyFC website.

Originally Posted By: chris blanc
Do they also own this MyBUFC site? Because it certainly looks like both sites were created and written by the same people

Absolutely nothing to do with it - a number of new sites have been set up along the same lines as MyFC - none of them are in any way connected with MyFC. A small number (couple of dozen) of MyFC members also joined MyBUFC.
Link to comment
Share on other sites
Trebor1975 Newbie

Trebor1975

Posted
Posted
Originally Posted By: doheochai
Originally Posted By: Trebor1975
Surely the takeover and the trust are at loggerheads in terms of ideals? One (the trust) is in favour of football rooted in the community, the other (MyClub) is in favour of using the club as the complete opposite of that.


Disagree - MyFC wants football rooted firmly in the community and the active involvement of the ST. The fact that the membership is worlwide does not negate this fact. The entire basis of MyFC is putting football back where it belongs (in the community) rather than under the control of people with money, who run it for money, don't mind cranking up huge debts and then walking away and leaving the whole place in the sh*t.


I think we'll have to agree to disagree there. :o)

Clubs not owned by the community generally only pay lipservice to the community, in my experience. This takeover is like Abramovich coming in to "play football". If the people behind the takeover really cared about the community, they'd hand ownership over to the trust 100%.
Link to comment
Share on other sites
Kentish Expat Newbie

Kentish Expat

Posted
Posted

I am not sure, but I think it is a case that it creates a demarcation between a website, which is there for the benefit of MYFC members only, and the IPS that proposes buying a 51% share of the club.

 

If there is a problem that causes the website to go down, the club is unaffected.

 

It also means that the owners of the website, who run it separately from the IPS, can raise funds in whichever way they wish without imperilling the football club.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
 Share
Go to topic listing

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...