Transparency

deeayess said:
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
Click to expand...

Does that mean if it's on the Clubcard Boost it becomes 2.64 million ? :)
 
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?
 
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!!
 
You must log in or register to reply here.
Back
Top