[expatriate]

Doug, your questions, in my view, have been answered on this bulletin board by me, and the substance of your query was addressed during the last bulletin board conversation which is the jumping off point for this current initiative.

However, I do believe that at times repetition is a great way of ensuring greater clarity, and I absolutely believe that any and all concerns should be collected so that constructive and positive proposals can be pulled together and debated. It goes without saying that whatever we finally decide to do for the best interests of ASFC might include or exclude suggestions made by lots of people, who may then be somewhat concerned, but of course that is also the best way to build a consensus that can be sustained.

Turning to your specific questions, the first point is that the club has no value in its equity right now. there is not a valuer, auditor, professional financier who could or would assign value to the equity of ASFC. In fact if the current club were worth £1, that would be overvalued by at least 99p.

That is different to saying that the club is of immense value to those of us who care, and therein lies the opportunity and the answer to many of your questions.

In substance - therefore - yes, the majority ownership would be transferred across to whatever entity we decide to pull together and that can be created. I dont expect that entity to be well endowed, so any "payment" might either be nominal or long term structured. To my mind that is absolutely the wrong thing to be focused on since it occupies less than 0.0001% of the agenda.

The key is something so many people on this board have mentioned. That a change of structure would attract bigger crowds and more local business sponsorship. More revenue is the same as more capital.

And finally, i would respectfully draw your attention to the thread regarding a new instrastructure. In puttling together a full restructuring of our club, not only local businessmen, but fans and members of the community would join together. That is what creates sustainability, and in turn, that is what promotes fair and good governance.

I hope this is at least a partial answer. I would encourage you to collect your thoughts and make sure you raise them at the meeting where others can also contribute either to sharing your concerns, or coming up with constructive and positive answers.

thanks
Ilyas