Transparency - Page 2

lancsdave · 22-02-2016, 21:04

Quote:

Originally Posted by KiTChener

Sorry, getting beyond me now, can we not just talk about the football??

There are probably a million rules about getting the matched funding, not even discussed those yet and you're opting out

Chrisr · 22-02-2016, 21:05

Good on Andy Holt but it does say that only the headers agreed with the council. but I hope it goes through. When Stanley are a league one club we need some real transparency but I feel the current MD won't allow too much of that. Rob Heys did a great job for the club overall. but so have the all the volunteers that will be swept aside. The new MD could not care less about people who have helped the club.

KiTChener · 22-02-2016, 21:14

Quote:

Originally Posted by lancsdave

There are probably a million rules about getting the matched funding, not even discussed those yet and you're opting out

Sorry, mate, not intending to 'opt out', just not understanding the financial implications of how we now have apparently 1.32mil at our disposal!
I await a simple explanation from anybody on here!

cashman · 22-02-2016, 21:28

That money if i recall was from when we got promoted from conference, as i understand yeh got to put so much forward and the equivalent comes from the fund? its still yon cos stanley never had the money, also yeh must have a lease of at least 10 yrs as i understand things. of coarse if there was transparency as baldy says surely they would explain this better than me?

deeayess · 22-02-2016, 21:37

Quote:

Originally Posted by KiTChener

Sorry, mate, not intending to 'opt out', just not understanding the financial implications of how we now have apparently 1.32mil at our disposal!
I await a simple explanation from anybody on here!

Its like those Tesco voucher things where if you have a £5 clubcard voucher you can double it up to £10.

For every pound the club put up you get a pound from the grant up to a maximum of £660k. Unless we put up money we get nothing and you only get the same amount of money you put up so if the Club put up £10k then they get a grant of another £10k, put up £50k you get a grant of £50k up to a maximum of put up £660k and get a grant of £660k making a total amount of £1.32 mil for putting up £660k

lancsdave · 22-02-2016, 21:47

Quote:

Originally Posted by deeayess

Its like those Tesco voucher things where if you have a £5 clubcard voucher you can double it up to £10.

For every pound the club put up you get a pound from the grant up to a maximum of £660k. Unless we put up money we get nothing and you only get the same amount of money you put up so if the Club put up £10k then they get a grant of another £10k, put up £50k you get a grant of £50k up to a maximum of put up £660k and get a grant of £660k making a total amount of £1.32 mil for putting up £660k

Does that mean if it's on the Clubcard Boost it becomes 2.64 million ?

KiTChener · 22-02-2016, 21:53

Thanks, Cashy & Dee, I think I now sort of understand.
So we have credit to the equivalent of 660k, dating back over 10yrs that we have not, until now, been able to take advantage of?

cashman · 22-02-2016, 21:54

Quote:

Originally Posted by KiTChener

Thanks, Cashy & Dee, I think I now sort of understand.
So we have credit to the equivalent of 660k, dating back over 10yrs that we have not, until now, been able to take advantage of?

Thats about it as i understand.

deeayess · 22-02-2016, 21:54

Quote:

Originally Posted by lancsdave

Does that mean if it's on the Clubcard Boost it becomes 2.64 million ?

Depends on how many points you have. Do you do the shopping for the whole of Accy or does it just seem like it when you get to the till?

KiTChener · 22-02-2016, 21:58

Quote:

Originally Posted by lancsdave

Does that mean if it's on the Clubcard Boost it becomes 2.64 million ?

If we choose electricals, we might get quadruple points!!
At least Nas could get a new washer & dryer!!

DAV007 · 24-02-2016, 06:54

The club is on the up

Long live the new regime

Mr T · 24-02-2016, 07:33

Basicallly when a club wins the Conference and gains entry to the FL for the first time ( or new regs are in; eg: improved floodlights) there is 750k worth of funded avaiable; on a "matched funding" basis. Ie: for every £1 the club spent, the Football Stadium Improvement Fund "match" that £1.

ASFC have spent not a lot of this "grant" available to them for a whole host of reasons; mainly to do the the complex nature of the information required.
When we got promoted to the FL; EW and the Board at the time just got on with the job and didn't bother with the paperwork!!